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Nizhnekamskshina PJSC (MIC:NKSH) Interest Expense : ₽-100 Mil (TTM As of Dec. 2022)


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What is Nizhnekamskshina PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nizhnekamskshina PJSC's interest expense for the six months ended in Dec. 2022 was ₽ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was ₽-100 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. Nizhnekamskshina PJSC's Operating Income for the six months ended in Dec. 2022 was ₽ 698 Mil. Nizhnekamskshina PJSC's Interest Expense for the six months ended in Dec. 2022 was ₽ -46 Mil. Nizhnekamskshina PJSC's Interest Coverage for the quarter that ended in Dec. 2022 was 15.16. 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.


Nizhnekamskshina PJSC Interest Expense Historical Data

The historical data trend for Nizhnekamskshina 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.

Nizhnekamskshina PJSC Interest Expense Chart

Nizhnekamskshina 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 -96.70 -31.76 -76.99 -121.71 -99.97

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -60.93 -71.54 -50.17 -53.94 -46.02

Nizhnekamskshina 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-100 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.


Nizhnekamskshina PJSC  (MIC:NKSH) 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.

Nizhnekamskshina PJSC's Interest Expense for the six months ended in Dec. 2022 was ₽-46 Mil. Its Operating Income for the six months ended in Dec. 2022 was ₽698 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was ₽253 Mil.

Nizhnekamskshina PJSC's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*697.505/-46.024
=15.16

* 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.


Nizhnekamskshina PJSC (MIC:NKSH) Business Description

Traded in Other Exchanges
N/A
Address
Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.