Nizhnekamskshina PJSC (MIC:NKSH) Interest Coverage: 15.16 (As of Dec. 2022)


MIC:NKSH Nizhnekamskshina PJSC MIC:NKSH
17 GF Score
Price ₽27.60
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What is Nizhnekamskshina PJSC Interest Coverage?

Nizhnekamskshina PJSC MIC:NKSH -1.95% 17 Interest Coverage is 15.16 as of Dec. 2022. GuruFocus rates MIC:NKSH 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. Nizhnekamskshina PJSC's Operating Income for the six months ended in Dec. 2022 was ₽698 Mil. Nizhnekamskshina PJSC's Interest Expense for the six months ended in Dec. 2022 was ₽-46 Mil. Nizhnekamskshina PJSC's interest coverage for the quarter that ended in Dec. 2022 was 15.16. The higher the ratio, the stronger the company's financial strength is.

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


MIC:NKSH's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.31
* 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.


Nizhnekamskshina PJSC  (MIC:NKSH) 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 .


Nizhnekamskshina PJSC Interest Coverage Related Terms


Nizhnekamskshina PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nizhnekamskshina 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.

Nizhnekamskshina PJSC Interest Coverage Chart

Nizhnekamskshina 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 4.37 4.53 7.70 8.17 13.03

Nizhnekamskshina 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 7.52 7.09 9.71 11.22 15.16

MIC:NKSH vs MBLY, APTV: Interest Coverage Comparison

For the Auto Parts subindustry, Nizhnekamskshina 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.


Nizhnekamskshina PJSC Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nizhnekamskshina PJSC's Interest Coverage distribution charts can be found below:

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


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

Nizhnekamskshina 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, Nizhnekamskshina PJSC's Interest Expense was ₽-100 Mil. Its Operating Income was ₽1,303 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽253 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*1302.532/-99.965
=13.03

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

Here, for the six months ended in Dec. 2022, Nizhnekamskshina PJSC's Interest Expense was ₽-46 Mil. Its Operating Income was ₽698 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽253 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*697.505/-46.024
=15.16

* 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 15.16 mean?
Nizhnekamskshina PJSC (MIC:NKSH) has a Interest Coverage of 15.16 as of Dec. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nizhnekamskshina PJSC and its competitors.
Is Nizhnekamskshina PJSC's Interest Coverage too high?
Nizhnekamskshina PJSC's current Interest Coverage is 15.16. The Vehicles & Parts industry median Interest Coverage is 8.31. Nizhnekamskshina PJSC's value of 15.16 is 82.4% above this industry median. Overall, Nizhnekamskshina PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nizhnekamskshina PJSC's Interest Coverage compare to MBLY and APTV?
Nizhnekamskshina PJSC's Interest Coverage of 15.16 can be compared against companies in the Vehicles & Parts industry. The industry median Interest Coverage is 8.31. Nizhnekamskshina PJSC's value of 15.16 is 82.4% 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 a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. Nizhnekamskshina PJSC's current Interest Coverage of 15.16 is 82.4% 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 Nizhnekamskshina PJSC and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nizhnekamskshina PJSC's current Interest Coverage is 15.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nizhnekamskshina PJSC stock overvalued right now?
Nizhnekamskshina PJSC (MIC:NKSH) has a current Interest Coverage of 15.16. The current Interest Coverage is 15.16 and 82.4% above the Vehicles & Parts industry median of 8.31. Nizhnekamskshina 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 Nizhnekamskshina PJSC (MIC:NKSH), the current Interest Coverage is 15.16 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.

Nizhnekamskshina PJSC Business Description

Address Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.
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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