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Alrosa PJSC (Alrosa PJSC) Interest Coverage : 20.65 (As of Jun. 2023)


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What is Alrosa PJSC Interest Coverage?

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 by its Interest Expense. Alrosa PJSC's Operating Income for the three months ended in Jun. 2023 was $466 Mil. Alrosa PJSC's Interest Expense for the three months ended in Jun. 2023 was $-23 Mil. Alrosa PJSC's interest coverage for the quarter that ended in Jun. 2023 was 20.65. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Alrosa PJSC's Interest Coverage or its related term are showing as below:

ARRLF' s Interest Coverage Range Over the Past 10 Years
Min: 6.83   Med: 10.82   Max: 21.29
Current: 20.65


ARRLF's Interest Coverage is ranked worse than
73.46% of 1345 companies
in the Metals & Mining industry
Industry Median: No Debt vs ARRLF: 20.65

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Alrosa PJSC Interest Coverage Historical Data

The historical data trend for Alrosa PJSC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Alrosa PJSC Interest Coverage Chart

Alrosa PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 6.83 15.52 21.29 18.62

Alrosa PJSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage 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 9.63 18.67 N/A 20.65 N/A

Competitive Comparison of Alrosa PJSC's Interest Coverage

For the Other Precious Metals & Mining subindustry, Alrosa PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alrosa PJSC's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alrosa PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alrosa PJSC's Interest Coverage falls into.



Alrosa PJSC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alrosa PJSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Alrosa PJSC's Interest Expense was $-61 Mil. Its Operating Income was $1,142 Mil. And its Long-Term Debt & Capital Lease Obligation was $882 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1141.771/-61.332
=18.62

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

Here, for the three months ended in Jun. 2023, Alrosa PJSC's Interest Expense was $-23 Mil. Its Operating Income was $466 Mil. And its Long-Term Debt & Capital Lease Obligation was $934 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*465.518/-22.548
=20.65

* 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.


Alrosa PJSC  (GREY:ARRLF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Alrosa PJSC Interest Coverage Related Terms

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Alrosa PJSC (Alrosa PJSC) Business Description

Traded in Other Exchanges
Address
6, Lenin Street, Republic of Sakha (Yakutia), Mirny, RUS, 678174
Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.

Alrosa PJSC (Alrosa PJSC) Headlines

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