Federal Grid Company Rosseti PJSC (MIC:FEES) Interest Expense: ₽-16,274 Mil (TTM As of Jun. 2023)


MIC:FEES Federal Grid Company Rosseti PJSC MIC:FEES
55 GF Score
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What is Federal Grid Company Rosseti PJSC Interest Expense?

Federal Grid Company Rosseti PJSC MIC:FEES +2.47% 55 Interest Expense is ₽-16,274 Mil as of Jun. 2023. GuruFocus rates MIC:FEES with a GF Score™ of 55/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Federal Grid Company Rosseti PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -16,274 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-16,274 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. Federal Grid Company Rosseti PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 140,603 Mil. Federal Grid Company Rosseti PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -16,274 Mil. Federal Grid Company Rosseti PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 8.64. 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.

Federal Grid Company Rosseti PJSC  (MIC:FEES) 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.

Federal Grid Company Rosseti PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-16,274 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽140,603 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽460,849 Mil.

Federal Grid Company Rosseti 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*140603/-16274
=8.64

* 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.

Federal Grid Company Rosseti PJSC Interest Expense Historical Data

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The historical data trend for Federal Grid Company Rosseti 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.

Federal Grid Company Rosseti PJSC Interest Expense Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,891.00 -4,436.00 -4,538.00 -6,316.00 -6,251.00

Federal Grid Company Rosseti PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 -2,898.00 -3,109.00 -3,142.00 -2,804.00 -16,274.00
MIC:FEES
55GF Score
Federal Grid Company Rosseti PJSC MIC:FEES
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Grid Company Rosseti 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 ₽-16,274 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 ₽-16,274 Mil mean?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Interest Expense of ₽-16,274 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Federal Grid Company Rosseti PJSC and its competitors.
Is Federal Grid Company Rosseti PJSC's Interest Expense too high?
Federal Grid Company Rosseti PJSC's current Interest Expense is ₽-16,274 Mil. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Interest Expense compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Interest Expense of ₽-16,274 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 Federal Grid Company Rosseti PJSC and its competitors. Federal Grid Company Rosseti PJSC's current Interest Expense is ₽-16,274 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Interest Expense of ₽-16,274 Mil. The current Interest Expense is ₽-16,274 Mil. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. 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 Federal Grid Company Rosseti PJSC (MIC:FEES), the current Interest Expense is ₽-16,274 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.

Federal Grid Company Rosseti PJSC Business Description

Address 5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF 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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