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. Gazprom Neft PJSC's
Operating Income
for the
six
months ended in Jun. 2023 was ₽389,875 Mil. Gazprom Neft PJSC's Interest Expense for the
six
months ended in Jun. 2023 was ₽-17,196 Mil.
Gazprom Neft PJSC's interest coverage for the quarter that ended in Jun. 2023 was 22.67.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Gazprom Neft PJSC's Interest Coverage or its related term are showing as below:
MIC:SIBN's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885 * Ranked among companies with meaningful Interest Coverage only.
Gazprom Neft PJSC (MIC:SIBN) 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 .
Gazprom Neft PJSC Interest Coverage Related Terms
Gazprom Neft PJSC Interest Coverage Historical Data
* Premium members only.
The historical data trend for Gazprom Neft 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.
MIC:SIBN vs XOM, CVX: Interest Coverage Comparison
For the Oil & Gas Integrated subindustry, Gazprom Neft 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.
Gazprom Neft PJSC Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gazprom Neft PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Gazprom Neft PJSC'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.
Gazprom Neft PJSC (MIC:SIBN) has a Interest Coverage of 22.67 as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Interest Coverage too high?
Gazprom Neft PJSC's current Interest Coverage is 22.67. The Oil & Gas industry median Interest Coverage is 5.89. Gazprom Neft PJSC's value of 22.67 is 285.2% above this industry median. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Interest Coverage compare to XOM and CVX?
Gazprom Neft PJSC's Interest Coverage of 22.67 can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. Gazprom Neft PJSC's value of 22.67 is 285.2% 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 5.89, 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. Gazprom Neft PJSC's current Interest Coverage of 22.67 is 285.2% 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 Gazprom Neft PJSC 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. Gazprom Neft PJSC's current Interest Coverage is 22.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (MIC:SIBN) has a current Interest Coverage of 22.67. The current Interest Coverage is 22.67 and 285.2% above the Oil & Gas industry median of 5.89. Gazprom Neft 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 Gazprom Neft PJSC (MIC:SIBN), the current Interest Coverage is 22.67 as of Jun. 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.
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score
Get the complete analysis for MIC:SIBN
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:SIBN has been successfully added to your 
