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ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Interest Expense : ₴-1,246 Mil (TTM As of Dec. 2020)


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What is ArcelorMittal Kryviy Rih PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ArcelorMittal Kryviy Rih PJSC's interest expense for the six months ended in Dec. 2020 was ₴ -1,246 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2020 was ₴-1,246 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. ArcelorMittal Kryviy Rih PJSC's Operating Income for the six months ended in Dec. 2020 was ₴ 2,073 Mil. ArcelorMittal Kryviy Rih PJSC's Interest Expense for the six months ended in Dec. 2020 was ₴ -1,246 Mil. ArcelorMittal Kryviy Rih PJSC's Interest Coverage for the quarter that ended in Dec. 2020 was 1.66. 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.


ArcelorMittal Kryviy Rih PJSC Interest Expense Historical Data

The historical data trend for ArcelorMittal Kryviy Rih 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.

ArcelorMittal Kryviy Rih PJSC Interest Expense Chart

ArcelorMittal Kryviy Rih PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -588.73 -387.56 -525.61 -528.88 -1,246.45

ArcelorMittal Kryviy Rih PJSC Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -588.73 -387.56 -525.61 -528.88 -1,246.45

ArcelorMittal Kryviy Rih PJSC Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2020 was ₴-1,246 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.


ArcelorMittal Kryviy Rih PJSC  (UKEX:KSTL) 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.

ArcelorMittal Kryviy Rih PJSC's Interest Expense for the six months ended in Dec. 2020 was ₴-1,246 Mil. Its Operating Income for the six months ended in Dec. 2020 was ₴2,073 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2020 was ₴2,328 Mil.

ArcelorMittal Kryviy Rih PJSC's Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2020 )/Interest Expense (Q: Dec. 2020 )
=-1*2073.425/-1246.447
=1.66

* 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.


ArcelorMittal Kryviy Rih PJSC (UKEX:KSTL) Business Description

Traded in Other Exchanges
N/A
Address
Street Ordzhonikidze, 1, Krivoy Rog, Dnipropetrovsk, UKR, 50095
ArcelorMittal Kryviy Rih PJSC is engaged in two business segments: mining and steel. The mining segment includes divisions of the Company engaged in the extraction and processing of iron ore raw materials, namely: mine management of underground ore mining and mining and processing complex. The steel segment includes the Company's divisions related to the production of steel products, namely coke and steel production. The main products of the steel are steel billets, fittings, wire rod, and others.

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