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Cherkizovo Group PJSC (MIC:GCHE) Interest Expense : ₽-12,068 Mil (TTM As of Dec. 2023)


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What is Cherkizovo Group PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cherkizovo Group PJSC's interest expense for the six months ended in Dec. 2023 was ₽ -6,598 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-12,068 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. Cherkizovo Group PJSC's Operating Income for the six months ended in Dec. 2023 was ₽ 25,089 Mil. Cherkizovo Group PJSC's Interest Expense for the six months ended in Dec. 2023 was ₽ -6,598 Mil. Cherkizovo Group PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 3.80. 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.


Cherkizovo Group PJSC Interest Expense Historical Data

The historical data trend for Cherkizovo Group 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.

* Premium members only.

Cherkizovo Group PJSC Interest Expense Chart

Cherkizovo Group PJSC 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 -5,797.00 -5,171.00 -5,746.00 -9,672.00 -12,068.00

Cherkizovo Group PJSC 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 -3,375.00 -4,059.00 -5,613.00 -5,470.00 -6,598.00

Cherkizovo Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-12,068 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.


Cherkizovo Group PJSC  (MIC:GCHE) 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.

Cherkizovo Group PJSC's Interest Expense for the six months ended in Dec. 2023 was ₽-6,598 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₽25,089 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₽52,733 Mil.

Cherkizovo Group PJSC'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*25089/-6598
=3.80

* 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.


Cherkizovo Group PJSC (MIC:GCHE) Business Description

Traded in Other Exchanges
N/A
Address
1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.

Cherkizovo Group PJSC (MIC:GCHE) Headlines

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