Rosseti Siberia PJSC (MIC:MRKS) Interest Coverage: 0 (At Loss) (As of Dec. 2023)


What is Rosseti Siberia PJSC Interest Coverage?

Rosseti Siberia PJSC MIC:MRKS -2.19% Interest Coverage is 0 (At Loss) as of Dec. 2023.

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. Rosseti Siberia PJSC's Operating Income for the six months ended in Dec. 2023 was ₽-4,537 Mil. Rosseti Siberia PJSC's Interest Expense for the six months ended in Dec. 2023 was ₽-2,463 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 Rosseti Siberia PJSC's Interest Coverage or its related term are showing as below:


MIC:MRKS's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.8
* 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.


Rosseti Siberia PJSC  (MIC:MRKS) 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 .


Rosseti Siberia PJSC Interest Coverage Related Terms


Rosseti Siberia PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Rosseti Siberia 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.

Rosseti Siberia PJSC Interest Coverage Chart

Rosseti Siberia PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.56 0.00 0.25 0.00

Rosseti Siberia PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.20 0.35 0.94 0.00

MIC:MRKS vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Siberia 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.


Rosseti Siberia PJSC Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Siberia PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rosseti Siberia PJSC's Interest Coverage falls into.



Rosseti Siberia 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.

Rosseti Siberia PJSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Rosseti Siberia PJSC's Interest Expense was ₽-4,212 Mil. Its Operating Income was ₽-2,895 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽39,957 Mil.

Rosseti Siberia PJSC did not have earnings to cover the interest expense.

Rosseti Siberia PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Rosseti Siberia PJSC's Interest Expense was ₽-2,463 Mil. Its Operating Income was ₽-4,537 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽39,957 Mil.

Rosseti Siberia 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?
Rosseti Siberia PJSC (MIC:MRKS) has a Interest Coverage of 0 (At Loss) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rosseti Siberia PJSC and its competitors.
Is Rosseti Siberia PJSC's Interest Coverage too high?
Rosseti Siberia PJSC's current Interest Coverage is 0 (At Loss).
How does Rosseti Siberia PJSC's Interest Coverage compare to NEE and SO?
Rosseti Siberia PJSC's Interest Coverage of 0 (At Loss) can be compared against companies in the Utilities - Regulated industry. The industry median Interest Coverage is 3.80. 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 - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.80, based on 450 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 Rosseti Siberia PJSC and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Siberia 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 Rosseti Siberia PJSC stock overvalued right now?
Rosseti Siberia PJSC (MIC:MRKS) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Rosseti Siberia PJSC (MIC:MRKS), the current Interest Coverage is 0 (At Loss) 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.

Rosseti Siberia PJSC Business Description

Address 144a, Bograda Street, Krasnoyarsk, RUS, 660021
Rosseti Siberia PJSC transmits, supplies, and distributes power in Russia. The firm engages in the transmission of electricity and the connection of customers to the electricity grid.