Rosseti Volga PJSC (MIC:MRKV) Interest Expense : ₽-942 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Rosseti Volga PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rosseti Volga PJSC's interest expense for the three months ended in Dec. 2023 was ₽ -191 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-942 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. Rosseti Volga PJSC's Operating Income for the three months ended in Dec. 2023 was ₽ 1,603 Mil. Rosseti Volga PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽ -191 Mil. Rosseti Volga PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 8.38. 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.

Rosseti Volga PJSC Interest Expense Historical Data

The historical data trend for Rosseti Volga 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.

Rosseti Volga PJSC Interest Expense Chart

Rosseti Volga PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-400.34

-590.44

-588.79

-1,278.26

-941.55

Rosseti Volga PJSC Quarterly Data
	Sep18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-234.46	-289.96	-232.49	-227.88	-191.23

Rosseti Volga 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 quarterly data reported by the company within the most recent 12 months, which was ₽-942 Mil.

Rosseti Volga PJSC (MIC:MRKV) 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.

Rosseti Volga PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽-191 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₽1,603 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₽7,404 Mil.

Rosseti Volga 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	*	1603.238	/	-191.231
	=	8.38

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. Rosseti Volga PJSC interest coverage is 4.28, which is low.

Rosseti Volga PJSC (MIC:MRKV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Volga PJSC (MIC:MRKV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

42/44 Pervomayskaya Street, Saratov, RUS, 410031

Website

https://www.rossetivolga.ru

Rosseti Volga PJSC is a Russian company engaged in the distribution of electrical energy. The company's segment includes Saratov Region; Orenburg Region; Samara Region; Penza Region; Ulyanovsk Region; Republic of Chuvashia; Republic of Mordovia and other. It derives a majority of revenue from Saratov Region.

Rosseti Volga PJSC (MIC:MRKV) Headlines

No Headlines