Primorye Commercial Bank PJSC (MIC:PRMB) Interest Expense: ₽-618 Mil (TTM As of Sep. 2023)


MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽19,000.00
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What is Primorye Commercial Bank PJSC Interest Expense?

Primorye Commercial Bank PJSC MIC:PRMB -1.04% 17 Interest Expense is ₽-618 Mil as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primorye Commercial Bank PJSC's interest expense for the three months ended in Sep. 2023 was ₽ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₽-618 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. Primorye Commercial Bank PJSC's Operating Income for the three months ended in Sep. 2023 was ₽ Mil. Primorye Commercial Bank PJSC's Interest Expense for the three months ended in Sep. 2023 was ₽ Mil. 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.

Primorye Commercial Bank PJSC Interest Expense Historical Data

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The historical data trend for Primorye Commercial Bank 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.

Primorye Commercial Bank PJSC Interest Expense Chart

Primorye Commercial Bank PJSC Annual Data
Trend Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,192.02 -1,361.83 -1,201.04 -1,060.76 -2,122.97

Primorye Commercial Bank PJSC Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Mar23 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 0.00 0.00 0.00 -618.50 0.00
MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Primorye Commercial Bank 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 ₽-618 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 ₽-618 Mil mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a Interest Expense of ₽-618 Mil as of Sep. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's Interest Expense too high?
Primorye Commercial Bank PJSC's current Interest Expense is ₽-618 Mil. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's Interest Expense compare to USB and PNC?
Primorye Commercial Bank PJSC's Interest Expense of ₽-618 Mil can be compared against companies in the Banks 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 Banks company?
A good Interest Expense depends on the Banks 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 Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current Interest Expense is ₽-618 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current Interest Expense of ₽-618 Mil. The current Interest Expense is ₽-618 Mil. Primorye Commercial Bank 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 Primorye Commercial Bank PJSC (MIC:PRMB), the current Interest Expense is ₽-618 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.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
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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