Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. RusHydro PJSC's
Operating Income
for the
three
months ended in Dec. 2023 was ₽17,479 Mil. RusHydro PJSC's Interest Expense for the
three
months ended in Dec. 2023 was ₽-6,333 Mil.
RusHydro PJSC's interest coverage for the quarter that ended in Dec. 2023 was 2.76.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for RusHydro PJSC's Interest Coverage or its related term are showing as below:
MIC:HYDR's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.915 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
RusHydro PJSC Interest Coverage Related Terms
RusHydro PJSC Interest Coverage Historical Data
* Premium members only.
The historical data trend for RusHydro PJSC's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MIC:HYDR vs GEV, CEG: Interest Coverage Comparison
For the Utilities - Renewable subindustry, RusHydro PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
RusHydro PJSC Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, RusHydro PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where RusHydro PJSC's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RusHydro PJSC (MIC:HYDR) has a Interest Coverage of 2.76 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RusHydro PJSC and its competitors.
Is RusHydro PJSC's Interest Coverage too high?
RusHydro PJSC's current Interest Coverage is 2.76. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. RusHydro PJSC's value of 2.76 is 5.3% below this industry median. Overall, RusHydro PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does RusHydro PJSC's Interest Coverage compare to GEV and CEG?
RusHydro PJSC's Interest Coverage of 2.76 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Interest Coverage is 2.92. RusHydro PJSC's value of 2.76 is 5.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RusHydro PJSC's current Interest Coverage of 2.76 is 5.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RusHydro PJSC and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RusHydro PJSC's current Interest Coverage is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RusHydro PJSC stock overvalued right now?
RusHydro PJSC (MIC:HYDR) has a current Interest Coverage of 2.76. The current Interest Coverage is 2.76 and 5.3% below the Utilities - Independent Power Producers industry median of 2.92. RusHydro PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For RusHydro PJSC (MIC:HYDR), the current Interest Coverage is 2.76 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
RusHydro PJSC is one of the largest Russian utility holding companies and produces a sizable amount of the country's electricity. The company constructs, repairs, owns and operates heat and electricity generating power plants. RusHydro's portfolio of facilities includes thermal, geothermal, hydroelectric, tidal, wind, and solar power plants located throughout all of Russia. Hydroelectric sites make up most of these. The company primarily generates revenue from the sale of electricity. Sales of thermal energy, hot water, and capacity also represent substantial revenue streams. RusHydro's largest shareholder is the government of the Russian Federation, which holds a controlling stake in the company.
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