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Ingrad PJSC (MIC:INGR) Interest Expense : ₽-5,434 Mil (TTM As of Jun. 2023)


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What is Ingrad PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ingrad PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -5,434 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-5,434 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. Ingrad PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 7,262 Mil. Ingrad PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -5,434 Mil. Ingrad PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 1.34. 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.


Ingrad PJSC Interest Expense Historical Data

The historical data trend for Ingrad 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.

Ingrad PJSC Interest Expense Chart

Ingrad 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 -1,336.36 -2,270.85 -4,824.94 -4,388.67 -6,275.78

Ingrad PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 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 -4,485.16 -1,790.62 -4,341.77 -7,475.00 -5,434.00

Ingrad 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 ₽-5,434 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.


Ingrad PJSC  (MIC:INGR) 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.

Ingrad PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-5,434 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽7,262 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽44,851 Mil.

Ingrad 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*7262/-5434
=1.34

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ingrad PJSC interest coverage is 1.34, which is low.


Ingrad PJSC Business Description

Traded in Other Exchanges
N/A
Address
Olympic Avenue, 14, Moscow, RUS, 129090
Ingrad PJSC is a real estate development company. Ingrad specializes in the construction of residential and commercial properties. The developer portfolio of the company is about 3 million square meters of the residential real estate.