Raspadskaya PJSC (MIC:RASP) Interest Coverage: 23.57 (As of Dec. 2023)


MIC:RASP Raspadskaya PJSC MIC:RASP
17 GF Score
Price ₽104.80
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What is Raspadskaya PJSC Interest Coverage?

Raspadskaya PJSC MIC:RASP +3.71% 17 Interest Coverage is 23.57 as of Dec. 2023. GuruFocus rates MIC:RASP 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. Raspadskaya PJSC's Operating Income for the six months ended in Dec. 2023 was ₽14,494 Mil. Raspadskaya PJSC's Interest Expense for the six months ended in Dec. 2023 was ₽-615 Mil. Raspadskaya PJSC's interest coverage for the quarter that ended in Dec. 2023 was 23.57. The higher the ratio, the stronger the company's financial strength is.

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


MIC:RASP's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445
* 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.


Raspadskaya PJSC  (MIC:RASP) 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 .


Raspadskaya PJSC Interest Coverage Related Terms


Raspadskaya PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Raspadskaya 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.

Raspadskaya PJSC Interest Coverage Chart

Raspadskaya 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 211.00 31.50 33.68 53.97 33.62

Raspadskaya 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 64.53 77.76 12.31 44.82 23.57

MIC:RASP vs HCC, AMR, SXC: Interest Coverage Comparison

For the Coking Coal subindustry, Raspadskaya 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.


Raspadskaya PJSC Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Raspadskaya PJSC's Interest Coverage distribution charts can be found below:

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


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

Raspadskaya 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, Raspadskaya PJSC's Interest Expense was ₽-1,167 Mil. Its Operating Income was ₽39,234 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽1,567 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*39234/-1167
=33.62

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

Here, for the six months ended in Dec. 2023, Raspadskaya PJSC's Interest Expense was ₽-615 Mil. Its Operating Income was ₽14,494 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽1,567 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*14494/-615
=23.57

* 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 23.57 mean?
Raspadskaya PJSC (MIC:RASP) has a Interest Coverage of 23.57 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Raspadskaya PJSC and its competitors.
Is Raspadskaya PJSC's Interest Coverage too high?
Raspadskaya PJSC's current Interest Coverage is 23.57. The Steel industry median Interest Coverage is 4.45. Raspadskaya PJSC's value of 23.57 is 430.3% above this industry median. Overall, Raspadskaya PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Raspadskaya PJSC's Interest Coverage compare to HCC and AMR?
Raspadskaya PJSC's Interest Coverage of 23.57 can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.45. Raspadskaya PJSC's value of 23.57 is 430.3% 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. Raspadskaya PJSC's current Interest Coverage of 23.57 is 430.3% 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 Raspadskaya PJSC and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raspadskaya PJSC's current Interest Coverage is 23.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raspadskaya PJSC stock overvalued right now?
Raspadskaya PJSC (MIC:RASP) has a current Interest Coverage of 23.57. The current Interest Coverage is 23.57 and 430.3% above the Steel industry median of 4.45. Raspadskaya 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 Raspadskaya PJSC (MIC:RASP), the current Interest Coverage is 23.57 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.

Raspadskaya PJSC Business Description

Address 106, Mira Street, Kemerovsky region, Mezhdurechensk, RUS, 652870
Raspadskaya PJSC is a coking coal producer in Russia. Its activities include mining, processing, and trading of coking coal. The company and its subsidiaries derive its revenues from sales of coking coal. Other revenue sources include sales of other goods, transport handling, and other services. The company generates most of its sales from Russia. The company's end consumers are high domestic and foreign steel and coke producers. It operates in Russia, Asia-Pacific, and Europe, out of which the majority of the revenue is generated from Russia.
17GF Score

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