Rompetrol Rafinare (BSE:RRC) Interest Expense: lei-476 Mil (TTM As of Sep. 2023)

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What is Rompetrol Rafinare Interest Expense?

Rompetrol Rafinare BSE:RRC +0.59% Interest Expense is lei-476 Mil as of Sep. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rompetrol Rafinare's interest expense for the three months ended in Sep. 2023 was lei -131 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was lei-476 Mil.

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. Rompetrol Rafinare's Operating Income for the three months ended in Sep. 2023 was lei 332 Mil. Rompetrol Rafinare's Interest Expense for the three months ended in Sep. 2023 was lei -131 Mil. Rompetrol Rafinare's Interest Coverage for the quarter that ended in Sep. 2023 was 2.55. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Rompetrol Rafinare  (BSE:RRC) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Rompetrol Rafinare's Interest Expense for the three months ended in Sep. 2023 was lei-131 Mil. Its Operating Income for the three months ended in Sep. 2023 was lei332 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was lei2,340 Mil.

Rompetrol Rafinare's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*332.391/-130.588
=2.55

* 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.

Rompetrol Rafinare Interest Expense Historical Data

* Premium members only.

The historical data trend for Rompetrol Rafinare's Interest Expense 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.

Rompetrol Rafinare Interest Expense Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -162.39 -190.61 -159.44 -236.35 -394.63

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense 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 -103.42 -143.09 -96.13 -106.64 -130.59

Rompetrol Rafinare Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-476 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of lei-476 Mil mean?
Rompetrol Rafinare (BSE:RRC) has a Interest Expense of lei-476 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rompetrol Rafinare and its competitors.
Is Rompetrol Rafinare's Interest Expense too high?
Rompetrol Rafinare's current Interest Expense is lei-476 Mil.
How does Rompetrol Rafinare's Interest Expense compare to MPC and PSX?
Rompetrol Rafinare's Interest Expense of lei-476 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rompetrol Rafinare and its competitors. Rompetrol Rafinare's current Interest Expense is lei-476 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (BSE:RRC) has a current Interest Expense of lei-476 Mil. The current Interest Expense is lei-476 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Rompetrol Rafinare (BSE:RRC), the current Interest Expense is lei-476 Mil as of Sep. 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.

Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.