TGC-14 PJSC (MIC:TGKN) Interest Expense: ₽-205 Mil (TTM As of Jun. 2023)

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What is TGC-14 PJSC Interest Expense?

TGC-14 PJSC MIC:TGKN -6.55% Interest Expense is ₽-205 Mil as of Jun. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TGC-14 PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -100 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-205 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. TGC-14 PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 985 Mil. TGC-14 PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -100 Mil. TGC-14 PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 9.87. 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.

TGC-14 PJSC  (MIC:TGKN) 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.

TGC-14 PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-100 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽985 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽4,500 Mil.

TGC-14 PJSC'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*985.314/-99.843
=9.87

* 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.

TGC-14 PJSC Interest Expense Historical Data

* Premium members only.

The historical data trend for TGC-14 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.

TGC-14 PJSC Interest Expense Chart

TGC-14 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 -251.42 -219.15 -197.11 -153.51 -212.62

TGC-14 PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 -87.85 -65.67 -107.91 -104.71 -99.84

TGC-14 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-205 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 ₽-205 Mil mean?
TGC-14 PJSC (MIC:TGKN) has a Interest Expense of ₽-205 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on TGC-14 PJSC and its competitors.
Is TGC-14 PJSC's Interest Expense too high?
TGC-14 PJSC's current Interest Expense is ₽-205 Mil.
How does TGC-14 PJSC's Interest Expense compare to NEE and SO?
TGC-14 PJSC's Interest Expense of ₽-205 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 TGC-14 PJSC and its competitors. TGC-14 PJSC's current Interest Expense is ₽-205 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGC-14 PJSC stock overvalued right now?
TGC-14 PJSC (MIC:TGKN) has a current Interest Expense of ₽-205 Mil. The current Interest Expense is ₽-205 Mil. 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 TGC-14 PJSC (MIC:TGKN), the current Interest Expense is ₽-205 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.

TGC-14 PJSC Business Description

Address ul. Chaliapin, d. 41, office 09, Republic of Buryatia, Ulan-Ude, RUS, 670045
TGC-14 PJSC is engaged in the operation and wholesale of electricity and heat supply in the Trans-Baikal Territory and the Republic of Buryatia.