UTair Aviation JSC (MIC:UTAR) Interest Coverage: 0.84 (As of Jun. 2023)


MIC:UTAR UTair Aviation JSC MIC:UTAR
17 GF Score
Price ₽7.92
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What is UTair Aviation JSC Interest Coverage?

UTair Aviation JSC MIC:UTAR -4.00% 17 Interest Coverage is 0.84 as of Jun. 2023. GuruFocus rates MIC:UTAR 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. UTair Aviation JSC's Operating Income for the six months ended in Jun. 2023 was ₽2,271 Mil. UTair Aviation JSC's Interest Expense for the six months ended in Jun. 2023 was ₽-2,693 Mil. UTair Aviation JSC's interest coverage for the quarter that ended in Jun. 2023 was 0.84. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for UTair Aviation JSC's Interest Coverage or its related term are showing as below:


MIC:UTAR's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.66
* 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.


UTair Aviation JSC  (MIC:UTAR) 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 .


UTair Aviation JSC Interest Coverage Related Terms


UTair Aviation JSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for UTair Aviation JSC'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.

UTair Aviation JSC Interest Coverage Chart

UTair Aviation JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.42 0.71 1.42 0.55

UTair Aviation JSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 1.17 0.72 1.80 0.84

MIC:UTAR vs DAL, LUV, UAL: Interest Coverage Comparison

For the Airlines subindustry, UTair Aviation JSC'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.


UTair Aviation JSC Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, UTair Aviation JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where UTair Aviation JSC's Interest Coverage falls into.


MIC:UTAR
17GF Score
UTair Aviation JSC MIC:UTAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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UTair Aviation JSC 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.

UTair Aviation JSC's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, UTair Aviation JSC's Interest Expense was ₽-6,673 Mil. Its Operating Income was ₽3,671 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽29,845 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*3670.694/-6673.129
=0.55

UTair Aviation JSC's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the six months ended in Jun. 2023, UTair Aviation JSC's Interest Expense was ₽-2,693 Mil. Its Operating Income was ₽2,271 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽37,428 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*2270.733/-2692.915
=0.84

* 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 0.84 mean?
UTair Aviation JSC (MIC:UTAR) has a Interest Coverage of 0.84 as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Interest Coverage too high?
UTair Aviation JSC's current Interest Coverage is 0.84. The Transportation industry median Interest Coverage is 5.66. UTair Aviation JSC's value of 0.84 is 85.2% below this industry median. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Interest Coverage compare to DAL and LUV?
UTair Aviation JSC's Interest Coverage of 0.84 can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.66. UTair Aviation JSC's value of 0.84 is 85.2% below 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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. UTair Aviation JSC's current Interest Coverage of 0.84 is 85.2% below 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 UTair Aviation JSC and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UTair Aviation JSC's current Interest Coverage is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Interest Coverage of 0.84. The current Interest Coverage is 0.84 and 85.2% below the Transportation industry median of 5.66. UTair Aviation JSC'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 UTair Aviation JSC (MIC:UTAR), the current Interest Coverage is 0.84 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.

UTair Aviation JSC Business Description

Address Khanty-Mansiysk, Airport, Tyumenoblast, RUS, 628012
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-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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