TMK PAO (MIC:TRMK) Interest Expense: ₽-29,924 Mil (TTM As of Jun. 2022)

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MIC:TRMK TMK PAO MIC:TRMK
17 GF Score
Price ₽62.54
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What is TMK PAO Interest Expense?

TMK PAO MIC:TRMK +1.10% 17 Interest Expense is ₽-29,924 Mil as of Jun. 2022. GuruFocus rates MIC:TRMK with a GF Score™ of 17/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TMK PAO's interest expense for the six months ended in Jun. 2022 was ₽ -16,389 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was ₽-29,924 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. TMK PAO's Operating Income for the six months ended in Jun. 2022 was ₽ 42,362 Mil. TMK PAO's Interest Expense for the six months ended in Jun. 2022 was ₽ -16,389 Mil. TMK PAO's Interest Coverage for the quarter that ended in Jun. 2022 was 2.58. 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.


TMK PAO  (MIC:TRMK) 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.

TMK PAO's Interest Expense for the six months ended in Jun. 2022 was ₽-16,389 Mil. Its Operating Income for the six months ended in Jun. 2022 was ₽42,362 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2022 was ₽189,551 Mil.

TMK PAO's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*42362/-16389
=2.58

* 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.


TMK PAO Interest Expense Historical Data

* Premium members only.

The historical data trend for TMK 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.

TMK PAO Interest Expense Chart

TMK 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 -16,206.58 -16,510.08 -15,113.00 -13,477.00 -23,409.00

TMK PAO Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -6,805.00 -6,672.00 -9,874.00 -13,535.00 -16,389.00
MIC:TRMK
17GF Score
TMK PAO MIC:TRMK
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-29,924 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 ₽-29,924 Mil mean?
TMK PAO (MIC:TRMK) has a Interest Expense of ₽-29,924 Mil as of Jun. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on TMK PAO and its competitors.
Is TMK PAO's Interest Expense too high?
TMK PAO's current Interest Expense is ₽-29,924 Mil. Overall, TMK PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TMK PAO's Interest Expense compare to NUE and STLD?
TMK PAO's Interest Expense of ₽-29,924 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 TMK PAO and its competitors. TMK PAO's current Interest Expense is ₽-29,924 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK PAO stock overvalued right now?
TMK PAO (MIC:TRMK) has a current Interest Expense of ₽-29,924 Mil. The current Interest Expense is ₽-29,924 Mil. TMK 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 TMK PAO (MIC:TRMK), the current Interest Expense is ₽-29,924 Mil as of Jun. 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.

TMK PAO Business Description

Address 40/2a, Pokrovka Street, Moscow, RUS, 101000
TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.
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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