NovaBev Group (MIC:BELU) Interest Expense: ₽-3,518 Mil (TTM As of Dec. 2023)

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MIC:BELU NovaBev Group MIC:BELU
17 GF Score
Price ₽228.60
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What is NovaBev Group Interest Expense?

NovaBev Group MIC:BELU -4.11% 17 Interest Expense is ₽-3,518 Mil as of Dec. 2023. GuruFocus rates MIC:BELU with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NovaBev Group's interest expense for the six months ended in Dec. 2023 was ₽ -1,966 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-3,518 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. NovaBev Group's Operating Income for the six months ended in Dec. 2023 was ₽ 9,524 Mil. NovaBev Group's Interest Expense for the six months ended in Dec. 2023 was ₽ -1,966 Mil. NovaBev Group's Interest Coverage for the quarter that ended in Dec. 2023 was 4.84. 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.

NovaBev Group  (MIC:BELU) 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.

NovaBev Group's Interest Expense for the six months ended in Dec. 2023 was ₽-1,966 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₽9,524 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₽26,008 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*9524/-1966
=4.84

* 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.

NovaBev Group Interest Expense Historical Data

* Premium members only.

The historical data trend for NovaBev Group'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.

NovaBev Group Interest Expense Chart

NovaBev Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,490.00 -2,485.00 -2,052.00 -2,441.00 -3,518.00

NovaBev Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -989.00 -1,161.00 -1,280.00 -1,552.00 -1,966.00
MIC:BELU
17GF Score
NovaBev Group MIC:BELU
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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NovaBev Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-3,518 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 ₽-3,518 Mil mean?
NovaBev Group (MIC:BELU) has a Interest Expense of ₽-3,518 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on NovaBev Group and its competitors.
Is NovaBev Group's Interest Expense too high?
NovaBev Group's current Interest Expense is ₽-3,518 Mil. Overall, NovaBev Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NovaBev Group's Interest Expense compare to BF.B?
NovaBev Group's Interest Expense of ₽-3,518 Mil can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Interest Expense depends on the Beverages - Alcoholic 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 NovaBev Group and its competitors. NovaBev Group's current Interest Expense is ₽-3,518 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaBev Group stock overvalued right now?
NovaBev Group (MIC:BELU) has a current Interest Expense of ₽-3,518 Mil. The current Interest Expense is ₽-3,518 Mil. NovaBev Group'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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For NovaBev Group (MIC:BELU), the current Interest Expense is ₽-3,518 Mil 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.

NovaBev Group Business Description

Address 4, Yakimanskaya Embankment, Building 1, Moscow, RUS, 119180
NovaBev Group is a Russian alcohol and food products and operation of wholesale and retail business. It producer of vodka and distilled beverages, and is one of the main importers of spirits and wine in the country.
17GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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