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. PJSC Lukoil's
Operating Income
for the
three
months ended in Sep. 2023 was ₽171,307 Mil. PJSC Lukoil's Interest Expense for the
three
months ended in Sep. 2023 was ₽-1,443 Mil.
PJSC Lukoil's interest coverage for the quarter that ended in Sep. 2023 was 118.68.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for PJSC Lukoil's Interest Coverage or its related term are showing as below:
MIC:LKOH's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.8 * 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 .
PJSC Lukoil Interest Coverage Related Terms
PJSC Lukoil Interest Coverage Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil'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:LKOH vs XOM, CVX: Interest Coverage Comparison
For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.
PJSC Lukoil Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's Interest Coverage distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil'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.
PJSC Lukoil (MIC:LKOH) has a Interest Coverage of 118.68 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PJSC Lukoil and its competitors.
Is PJSC Lukoil's Interest Coverage too high?
PJSC Lukoil's current Interest Coverage is 118.68. The Oil & Gas industry median Interest Coverage is 5.80. PJSC Lukoil's value of 118.68 is 1946.2% above this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's Interest Coverage compare to XOM and CVX?
PJSC Lukoil's Interest Coverage of 118.68 can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.80. PJSC Lukoil's value of 118.68 is 1946.2% above 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.80, based on 725 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. PJSC Lukoil's current Interest Coverage of 118.68 is 1946.2% above 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 PJSC Lukoil and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current Interest Coverage is 118.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (MIC:LKOH) has a current Interest Coverage of 118.68. The current Interest Coverage is 118.68 and 1946.2% above the Oil & Gas industry median of 5.80. PJSC Lukoil'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 PJSC Lukoil (MIC:LKOH), the current Interest Coverage is 118.68 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.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
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