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Volgogradenergosbyt PJSC (MIC:VGSB) Interest Expense : ₽-7 Mil (TTM As of Dec. 2023)


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What is Volgogradenergosbyt PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Volgogradenergosbyt PJSC's interest expense for the three months ended in Dec. 2023 was ₽ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-7 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. Volgogradenergosbyt PJSC's Operating Income for the three months ended in Dec. 2023 was ₽ 208 Mil. Volgogradenergosbyt PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽ -3 Mil. Volgogradenergosbyt PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 64.28. 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.


Volgogradenergosbyt PJSC Interest Expense Historical Data

The historical data trend for Volgogradenergosbyt 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.

Volgogradenergosbyt PJSC Interest Expense Chart

Volgogradenergosbyt PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.14 -0.71 -2.56 -20.83 -13.31

Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 9.76 -19.58 -3.40 - -3.24

Volgogradenergosbyt 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽-7 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.


Volgogradenergosbyt PJSC  (MIC:VGSB) 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.

Volgogradenergosbyt PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽-3 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₽208 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₽0 Mil.

Volgogradenergosbyt PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*208.154/-3.238
=64.28

* 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.

Good Sign:

Volgogradenergosbyt PJSC has no debt.


Volgogradenergosbyt PJSC (MIC:VGSB) Business Description

Traded in Other Exchanges
Address
ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.

Volgogradenergosbyt PJSC (MIC:VGSB) Headlines

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