PAO Sovcomflot (MIC:FLOT) Interest Expense : ₽-1,988 Mil (TTM As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is PAO Sovcomflot Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PAO Sovcomflot's interest expense for the three months ended in Jun. 2023 was ₽ -1,988 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-1,988 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. PAO Sovcomflot's Operating Income for the three months ended in Jun. 2023 was ₽ 25,045 Mil. PAO Sovcomflot's Interest Expense for the three months ended in Jun. 2023 was ₽ -1,988 Mil. PAO Sovcomflot's Interest Coverage for the quarter that ended in Jun. 2023 was 12.60. 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.

PAO Sovcomflot Interest Expense Historical Data

The historical data trend for PAO Sovcomflot'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.

* Premium members only.

PAO Sovcomflot Interest Expense Chart

PAO Sovcomflot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

Get a 7-Day Free Trial

-10,776.09

-13,847.30

-12,679.66

-14,012.15

-11,912.63

PAO Sovcomflot Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23
Interest Expense	Get a 7-Day Free Trial															-3,216.20	-4,550.49	-2,930.77	-1,237.30	-1,988.40

PAO Sovcomflot 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 quarterly data reported by the company within the most recent 12 months, which was ₽-1,988 Mil.

PAO Sovcomflot (MIC:FLOT) Interest Expense Explanation

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

PAO Sovcomflot's Interest Expense for the three months ended in Jun. 2023 was ₽-1,988 Mil. Its Operating Income for the three months ended in Jun. 2023 was ₽25,045 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was ₽91,260 Mil.

PAO Sovcomflot'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	*	25044.693	/	-1988.395
	=	12.60

The higher the ratio, the stronger the company's financial strength is.

PAO Sovcomflot (MIC:FLOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PAO Sovcomflot (MIC:FLOT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Gasheka Street, Moscow, RUS, 125047

Website

https://www.scf-group.ru

PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.