Far-Eastern Energy Co PJSC (MIC:DVEC) Interest Expense: ₽-816 Mil (TTM As of Jun. 2023)


MIC:DVEC Far-Eastern Energy Co PJSC MIC:DVEC
17 GF Score
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What is Far-Eastern Energy Co PJSC Interest Expense?

Far-Eastern Energy Co PJSC MIC:DVEC -2.07% 17 Interest Expense is ₽-816 Mil as of Jun. 2023. GuruFocus rates MIC:DVEC with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Far-Eastern Energy Co PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -384 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-816 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. Far-Eastern Energy Co PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 3,595 Mil. Far-Eastern Energy Co PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -384 Mil. Far-Eastern Energy Co PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 9.36. 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.

Far-Eastern Energy Co PJSC  (MIC:DVEC) 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.

Far-Eastern Energy Co PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-384 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽3,595 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽13,559 Mil.

Far-Eastern Energy Co PJSC's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*3595/-384
=9.36

* 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.

Far-Eastern Energy Co PJSC Interest Expense Historical Data

* Premium members only.

The historical data trend for Far-Eastern Energy Co PJSC'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.

Far-Eastern Energy Co PJSC Interest Expense Chart

Far-Eastern Energy Co PJSC 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 -2,702.00 -1,287.00 -1,006.00 -1,023.00 -1,004.00

Far-Eastern Energy Co PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -481.00 -542.00 -572.00 -432.00 -384.00
MIC:DVEC
17GF Score
Far-Eastern Energy Co PJSC MIC:DVEC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Far-Eastern Energy Co PJSC 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-816 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 ₽-816 Mil mean?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a Interest Expense of ₽-816 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Far-Eastern Energy Co PJSC and its competitors.
Is Far-Eastern Energy Co PJSC's Interest Expense too high?
Far-Eastern Energy Co PJSC's current Interest Expense is ₽-816 Mil. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Far-Eastern Energy Co PJSC's Interest Expense compare to NEE and SO?
Far-Eastern Energy Co PJSC's Interest Expense of ₽-816 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Interest Expense depends on the Utilities - Regulated 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 Far-Eastern Energy Co PJSC and its competitors. Far-Eastern Energy Co PJSC's current Interest Expense is ₽-816 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far-Eastern Energy Co PJSC stock overvalued right now?
Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Interest Expense of ₽-816 Mil. The current Interest Expense is ₽-816 Mil. Far-Eastern Energy Co 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For Far-Eastern Energy Co PJSC (MIC:DVEC), the current Interest Expense is ₽-816 Mil 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.

Far-Eastern Energy Co PJSC Business Description

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091
Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.
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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