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


MIC:NKSH Nizhnekamskshina PJSC MIC:NKSH
17 GF Score
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What is Nizhnekamskshina PJSC Interest Expense?

Nizhnekamskshina PJSC MIC:NKSH -8.23% 17 Interest Expense is ₽-100 Mil as of Dec. 2022. GuruFocus rates MIC:NKSH with a GF Score™ of 17/100.

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  (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 Interest Expense Historical Data

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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.

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
MIC:NKSH
17GF Score
Nizhnekamskshina PJSC MIC:NKSH
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₽-100 Mil mean?
Nizhnekamskshina PJSC (MIC:NKSH) has a Interest Expense of ₽-100 Mil as of Dec. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nizhnekamskshina PJSC and its competitors.
Is Nizhnekamskshina PJSC's Interest Expense too high?
Nizhnekamskshina PJSC's current Interest Expense is ₽-100 Mil. Overall, Nizhnekamskshina PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nizhnekamskshina PJSC's Interest Expense compare to MBLY and APTV?
Nizhnekamskshina PJSC's Interest Expense of ₽-100 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Interest Expense depends on the Vehicles & Parts 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 Nizhnekamskshina PJSC and its competitors. Nizhnekamskshina PJSC's current Interest Expense is ₽-100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nizhnekamskshina PJSC stock overvalued right now?
Nizhnekamskshina PJSC (MIC:NKSH) has a current Interest Expense of ₽-100 Mil. The current Interest Expense is ₽-100 Mil. Nizhnekamskshina 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 Nizhnekamskshina PJSC (MIC:NKSH), the current Interest Expense is ₽-100 Mil as of Dec. 2022. 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.

Nizhnekamskshina PJSC Business Description

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.
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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