Mordovian Energyles Co PJSC (MIC:MRSB) Interest Expense: ₽-38 Mil (TTM As of Sep. 2023)


MIC:MRSB Mordovian Energy Sales Co PJSC MIC:MRSB
44 GF Score
Price ₽0.89
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What is Mordovian Energyles Co PJSC Interest Expense?

Mordovian Energyles Co PJSC MIC:MRSB -0.67% 44 Interest Expense is ₽-38 Mil as of Sep. 2023. GuruFocus rates MIC:MRSB with a GF Score™ of 44/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mordovian Energyles Co PJSC's interest expense for the three months ended in Sep. 2023 was ₽ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₽-38 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. Mordovian Energyles Co PJSC's Operating Income for the three months ended in Sep. 2023 was ₽ 113 Mil. Mordovian Energyles Co PJSC's Interest Expense for the three months ended in Sep. 2023 was ₽ -9 Mil. Mordovian Energyles Co PJSC's Interest Coverage for the quarter that ended in Sep. 2023 was 12.29. 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.

Mordovian Energyles Co PJSC  (MIC:MRSB) 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.

Mordovian Energyles Co PJSC's Interest Expense for the three months ended in Sep. 2023 was ₽-9 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₽113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₽0 Mil.

Mordovian Energyles Co PJSC's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*112.839/-9.179
=12.29

* 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.

Mordovian Energyles Co PJSC Interest Expense Historical Data

* Premium members only.

The historical data trend for Mordovian Energyles Co 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.

Mordovian Energyles Co PJSC Interest Expense Chart

Mordovian Energyles Co 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 -50.78 -56.54 -40.79 -41.18 -63.59

Mordovian Energyles Co PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -13.19 -12.85 -8.93 -6.74 -9.18
MIC:MRSB
44GF Score
Mordovian Energy Sales Co PJSC MIC:MRSB
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mordovian Energyles Co 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽-38 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 ₽-38 Mil mean?
Mordovian Energyles Co PJSC (MIC:MRSB) has a Interest Expense of ₽-38 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mordovian Energyles Co PJSC and its competitors.
Is Mordovian Energyles Co PJSC's Interest Expense too high?
Mordovian Energyles Co PJSC's current Interest Expense is ₽-38 Mil. Overall, Mordovian Energyles Co PJSC has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Mordovian Energyles Co PJSC's Interest Expense compare to NEE and SO?
Mordovian Energyles Co PJSC's Interest Expense of ₽-38 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 Mordovian Energyles Co PJSC and its competitors. Mordovian Energyles Co PJSC's current Interest Expense is ₽-38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mordovian Energyles Co PJSC stock overvalued right now?
Mordovian Energyles Co PJSC (MIC:MRSB) has a current Interest Expense of ₽-38 Mil. The current Interest Expense is ₽-38 Mil. Mordovian Energyles Co PJSC's overall GF Score™ is 44/100. 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 Mordovian Energyles Co PJSC (MIC:MRSB), the current Interest Expense is ₽-38 Mil as of Sep. 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.

Mordovian Energyles Co PJSC Business Description

Address 117A Street Bolshevistskaya, Saransk, Republic of Mordovia, RUS, 430001
Mordovian Energy Sales Co PJSC formerly Mordovia Energy Retail Company PJSC is engaged in the purchase and sale of electricity in the wholesale and retail markets.
44GF 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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