Krasnyj Octyabr PJSC (MIC:KROTP) Interest Coverage: 3.64 (As of Dec. 2022)


MIC:KROTP Krasnyj Octyabr PJSC MIC:KROTP
17 GF Score
Price ₽421.00
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What is Krasnyj Octyabr PJSC Interest Coverage?

Krasnyj Octyabr PJSC MIC:KROTP -0.47% 17 Interest Coverage is 3.64 as of Dec. 2022. GuruFocus rates MIC:KROTP 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. Krasnyj Octyabr PJSC's Operating Income for the six months ended in Dec. 2022 was ₽797 Mil. Krasnyj Octyabr PJSC's Interest Expense for the six months ended in Dec. 2022 was ₽-219 Mil. Krasnyj Octyabr PJSC's interest coverage for the quarter that ended in Dec. 2022 was 3.64. The higher the ratio, the stronger the company's financial strength is.

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


MIC:KROTP's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.57
* 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.


Krasnyj Octyabr PJSC  (MIC:KROTP) 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 .


Krasnyj Octyabr PJSC Interest Coverage Related Terms


Krasnyj Octyabr PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Krasnyj Octyabr 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.

Krasnyj Octyabr PJSC Interest Coverage Chart

Krasnyj Octyabr PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 876.08 3.63 0.00 0.00 7.02

Krasnyj Octyabr PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.00 0.00 0.00 211.21 3.64

MIC:KROTP vs MDLZ, HSY, TR: Interest Coverage Comparison

For the Confectioners subindustry, Krasnyj Octyabr 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.


Krasnyj Octyabr PJSC Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Krasnyj Octyabr PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Krasnyj Octyabr PJSC's Interest Coverage falls into.


MIC:KROTP
17GF Score
Krasnyj Octyabr PJSC MIC:KROTP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Krasnyj Octyabr 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.

Krasnyj Octyabr PJSC's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Krasnyj Octyabr PJSC's Interest Expense was ₽-222 Mil. Its Operating Income was ₽1,561 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*1561.029/-222.276
=7.02

Krasnyj Octyabr PJSC's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Krasnyj Octyabr PJSC's Interest Expense was ₽-219 Mil. Its Operating Income was ₽797 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*796.657/-218.657
=3.64

* 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 3.64 mean?
Krasnyj Octyabr PJSC (MIC:KROTP) has a Interest Coverage of 3.64 as of Dec. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Krasnyj Octyabr PJSC and its competitors.
Is Krasnyj Octyabr PJSC's Interest Coverage too high?
Krasnyj Octyabr PJSC's current Interest Coverage is 3.64. The Consumer Packaged Goods industry median Interest Coverage is 8.57. Krasnyj Octyabr PJSC's value of 3.64 is 57.5% below this industry median. Overall, Krasnyj Octyabr PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Krasnyj Octyabr PJSC's Interest Coverage compare to MDLZ and HSY?
Krasnyj Octyabr PJSC's Interest Coverage of 3.64 can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.57. Krasnyj Octyabr PJSC's value of 3.64 is 57.5% 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 a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.57, based on 1,505 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. Krasnyj Octyabr PJSC's current Interest Coverage of 3.64 is 57.5% 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 Krasnyj Octyabr PJSC and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krasnyj Octyabr PJSC's current Interest Coverage is 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krasnyj Octyabr PJSC stock overvalued right now?
Krasnyj Octyabr PJSC (MIC:KROTP) has a current Interest Coverage of 3.64. The current Interest Coverage is 3.64 and 57.5% below the Consumer Packaged Goods industry median of 8.57. Krasnyj Octyabr 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 Krasnyj Octyabr PJSC (MIC:KROTP), the current Interest Coverage is 3.64 as of Dec. 2022. 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.

Krasnyj Octyabr PJSC Business Description

Address ul. Malaya Krasnoselskaya, 7, Moscow, RUS, 107140
Krasnyj Octyabr PJSC is a Russia-based engaged in the production of confectionery and chocolate products.
17GF Score

Get the complete analysis for MIC:KROTP

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

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