Magadanenergo PJSC (MIC:MAGE) Interest Expense: ₽-592 Mil (TTM As of Jun. 2023)


MIC:MAGE Magadanenergo PJSC MIC:MAGE
17 GF Score
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What is Magadanenergo PJSC Interest Expense?

Magadanenergo PJSC MIC:MAGE -2.86% 17 Interest Expense is ₽-592 Mil as of Jun. 2023. GuruFocus rates MIC:MAGE with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magadanenergo PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -387 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-592 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. Magadanenergo PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ -1,006 Mil. Magadanenergo PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -387 Mil. Magadanenergo PJSC did not have earnings to cover the interest expense. 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.

Magadanenergo PJSC  (MIC:MAGE) 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.

Magadanenergo PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-387 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽-1,006 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽10,013 Mil.

Magadanenergo PJSC's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Magadanenergo PJSC did not have earnings to cover the interest expense.

* 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.

Magadanenergo PJSC Interest Expense Historical Data

* Premium members only.

The historical data trend for Magadanenergo 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.

Magadanenergo PJSC Interest Expense Chart

Magadanenergo 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 -205.00 -279.00 -220.00 -295.00 -450.00

Magadanenergo 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 -140.00 -155.00 -245.00 -205.00 -387.00
MIC:MAGE
17GF Score
Magadanenergo PJSC MIC:MAGE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Magadanenergo 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 ₽-592 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 ₽-592 Mil mean?
Magadanenergo PJSC (MIC:MAGE) has a Interest Expense of ₽-592 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magadanenergo PJSC and its competitors.
Is Magadanenergo PJSC's Interest Expense too high?
Magadanenergo PJSC's current Interest Expense is ₽-592 Mil. Overall, Magadanenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magadanenergo PJSC's Interest Expense compare to NEE and SO?
Magadanenergo PJSC's Interest Expense of ₽-592 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 Magadanenergo PJSC and its competitors. Magadanenergo PJSC's current Interest Expense is ₽-592 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magadanenergo PJSC stock overvalued right now?
Magadanenergo PJSC (MIC:MAGE) has a current Interest Expense of ₽-592 Mil. The current Interest Expense is ₽-592 Mil. Magadanenergo 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 Magadanenergo PJSC (MIC:MAGE), the current Interest Expense is ₽-592 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.

Magadanenergo PJSC Business Description

Address 24 Sovetskaya Street, Magadan, RUS, 685017
Magadanenergo PJSC is a Russia-based company engaged in the production of electricity and heat, it's transmission and marketing to end-users, and carries out repair and commissioning work at power facilities.
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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