Rosneft Oil Co (MIC:ROSN) Interest Coverage: 5.91 (As of Dec. 2021)


MIC:ROSN Rosneft Oil Co MIC:ROSN
17 GF Score
Price ₽316.00
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What is Rosneft Oil Co Interest Coverage?

Rosneft Oil Co MIC:ROSN +5.16% 17 Interest Coverage is 5.91 as of Dec. 2021. GuruFocus rates MIC:ROSN 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. Rosneft Oil Co's Operating Income for the three months ended in Dec. 2021 was ₽437,000 Mil. Rosneft Oil Co's Interest Expense for the three months ended in Dec. 2021 was ₽-74,000 Mil. Rosneft Oil Co's interest coverage for the quarter that ended in Dec. 2021 was 5.91. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Rosneft Oil Co's Interest Coverage or its related term are showing as below:


MIC:ROSN's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885
* 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.


Rosneft Oil Co  (MIC:ROSN) 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 .


Rosneft Oil Co Interest Coverage Related Terms


Rosneft Oil Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Rosneft Oil Co'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.

Rosneft Oil Co Interest Coverage Chart

Rosneft Oil Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 4.14 5.31 1.48 6.18

Rosneft Oil Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 1.80 4.40 7.06 7.48 5.91

MIC:ROSN vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Rosneft Oil Co'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.


Rosneft Oil Co Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rosneft Oil Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rosneft Oil Co's Interest Coverage falls into.


MIC:ROSN
17GF Score
Rosneft Oil Co MIC:ROSN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosneft Oil Co 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.

Rosneft Oil Co's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Rosneft Oil Co's Interest Expense was ₽-229,000 Mil. Its Operating Income was ₽1,416,000 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽3,801,000 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*1416000/-229000
=6.18

Rosneft Oil Co's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the three months ended in Dec. 2021, Rosneft Oil Co's Interest Expense was ₽-74,000 Mil. Its Operating Income was ₽437,000 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽3,801,000 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2021 )/Interest Expense (Q: Dec. 2021 )
=-1*437000/-74000
=5.91

* 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 5.91 mean?
Rosneft Oil Co (MIC:ROSN) has a Interest Coverage of 5.91 as of Dec. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rosneft Oil Co and its competitors.
Is Rosneft Oil Co's Interest Coverage too high?
Rosneft Oil Co's current Interest Coverage is 5.91. The Oil & Gas industry median Interest Coverage is 5.89. Rosneft Oil Co's value of 5.91 is 0.4% above this industry median. Overall, Rosneft Oil Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rosneft Oil Co's Interest Coverage compare to XOM and CVX?
Rosneft Oil Co's Interest Coverage of 5.91 can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. Rosneft Oil Co's value of 5.91 is 0.4% 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 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. Rosneft Oil Co's current Interest Coverage of 5.91 is 0.4% 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 Rosneft Oil Co and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosneft Oil Co's current Interest Coverage is 5.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosneft Oil Co stock overvalued right now?
Rosneft Oil Co (MIC:ROSN) has a current Interest Coverage of 5.91. The current Interest Coverage is 5.91 and 0.4% above the Oil & Gas industry median of 5.89. Rosneft Oil Co'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 Rosneft Oil Co (MIC:ROSN), the current Interest Coverage is 5.91 as of Dec. 2021. 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.

Rosneft Oil Co Business Description

Industry EnergyOil & Gas
Address 26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.
17GF Score

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