Saratov Oil Refinery PJSC (MIC:KRKN) Interest Coverage: 0 (At Loss) (As of Sep. 2023)


MIC:KRKN Saratov Oil Refinery PJSC MIC:KRKN
17 GF Score
Price ₽9,950.00
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What is Saratov Oil Refinery PJSC Interest Coverage?

Saratov Oil Refinery PJSC MIC:KRKN +2.05% 17 Interest Coverage is 0 (At Loss) as of Sep. 2023. GuruFocus rates MIC:KRKN with a GF Score™ of 17/100.

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. Saratov Oil Refinery PJSC's Operating Income for the three months ended in Sep. 2023 was ₽-422 Mil. Saratov Oil Refinery PJSC's Interest Expense for the three months ended in Sep. 2023 was ₽-16 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Saratov Oil Refinery PJSC's Interest Coverage or its related term are showing as below:


MIC:KRKN's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.88
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Saratov Oil Refinery PJSC  (MIC:KRKN) Interest Coverage Explanation

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 .


Saratov Oil Refinery PJSC Interest Coverage Related Terms


Saratov Oil Refinery PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC Interest Coverage Chart

Saratov Oil Refinery PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.06 202.89 752.53 423.89 223.14

Saratov Oil Refinery PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Sep22 Jun23 Sep23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 652.46 633.30 27.65 No Debt 0.00

MIC:KRKN vs MPC, PSX, VLO: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, Saratov Oil Refinery 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.


Saratov Oil Refinery PJSC Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saratov Oil Refinery PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Saratov Oil Refinery PJSC's Interest Coverage falls into.


MIC:KRKN
17GF Score
Saratov Oil Refinery PJSC MIC:KRKN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Saratov Oil Refinery PJSC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Saratov Oil Refinery PJSC's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Saratov Oil Refinery PJSC's Interest Expense was ₽-17 Mil. Its Operating Income was ₽3,695 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*3695.441/-16.561
=223.14

Saratov Oil Refinery PJSC's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Saratov Oil Refinery PJSC's Interest Expense was ₽-16 Mil. Its Operating Income was ₽-422 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Saratov Oil Refinery PJSC did not have earnings to cover the 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Saratov Oil Refinery PJSC (MIC:KRKN) has a Interest Coverage of 0 (At Loss) as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saratov Oil Refinery PJSC and its competitors.
Is Saratov Oil Refinery PJSC's Interest Coverage too high?
Saratov Oil Refinery PJSC's current Interest Coverage is 0 (At Loss). Overall, Saratov Oil Refinery PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saratov Oil Refinery PJSC's Interest Coverage compare to MPC and PSX?
Saratov Oil Refinery PJSC's Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.88. 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.88, based on 727 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. 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 Saratov Oil Refinery PJSC and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratov Oil Refinery PJSC's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratov Oil Refinery PJSC stock overvalued right now?
Saratov Oil Refinery PJSC (MIC:KRKN) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Saratov Oil Refinery 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 Saratov Oil Refinery PJSC (MIC:KRKN), the current Interest Coverage is 0 (At Loss) as of Sep. 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.

Saratov Oil Refinery PJSC Business Description

Industry EnergyOil & Gas
Address Bryanskaya street 1, Saratov, RUS, 410022
Saratov Oil Refinery PJSC is engaged in the refining of crude oil. The company also manufactures petrochemical products in Russia at Angarsk polymer plant, which specializes in the production of ethylene, propylene and polyethylene.
17GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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