Mechel PAO (MIC:MTLR) Interest Expense: ₽-11,794 Mil (TTM As of Jun. 2023)


MIC:MTLR Mechel PAO MIC:MTLR
17 GF Score
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What is Mechel PAO Interest Expense?

Mechel PAO MIC:MTLR +0.67% 17 Interest Expense is ₽-11,794 Mil as of Jun. 2023. GuruFocus rates MIC:MTLR with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mechel PAO's interest expense for the six months ended in Jun. 2023 was ₽ -11,794 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-11,794 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. Mechel PAO's Operating Income for the six months ended in Jun. 2023 was ₽ 33,059 Mil. Mechel PAO's Interest Expense for the six months ended in Jun. 2023 was ₽ -11,794 Mil. Mechel PAO's Interest Coverage for the quarter that ended in Jun. 2023 was 2.80. 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.

Mechel PAO  (MIC:MTLR) 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.

Mechel PAO's Interest Expense for the six months ended in Jun. 2023 was ₽-11,794 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽33,059 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽12,777 Mil.

Mechel PAO'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*33059/-11794
=2.80

* 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.

Mechel PAO Interest Expense Historical Data

* Premium members only.

The historical data trend for Mechel PAO'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.

Mechel PAO Interest Expense Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42,153.00 -36,510.00 -33,036.00 -23,714.00 -21,518.00

Mechel PAO Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 -9,449.00 -10,954.00 -10,564.00 -15,820.00 -11,794.00
MIC:MTLR
17GF Score
Mechel PAO MIC:MTLR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mechel PAO 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 ₽-11,794 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 ₽-11,794 Mil mean?
Mechel PAO (MIC:MTLR) has a Interest Expense of ₽-11,794 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mechel PAO and its competitors.
Is Mechel PAO's Interest Expense too high?
Mechel PAO's current Interest Expense is ₽-11,794 Mil. Overall, Mechel PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mechel PAO's Interest Expense compare to NUE and STLD?
Mechel PAO's Interest Expense of ₽-11,794 Mil can be compared against companies in the Steel 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 a Steel company?
A good Interest Expense depends on the Steel 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 Mechel PAO and its competitors. Mechel PAO's current Interest Expense is ₽-11,794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechel PAO stock overvalued right now?
Mechel PAO (MIC:MTLR) has a current Interest Expense of ₽-11,794 Mil. The current Interest Expense is ₽-11,794 Mil. Mechel PAO'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 Mechel PAO (MIC:MTLR), the current Interest Expense is ₽-11,794 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.

Mechel PAO Business Description

Address Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.
17GF Score

Get the complete analysis for MIC:MTLR

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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