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RusHydro PJSC (RusHydro PJSC) Interest Coverage : 2.76 (As of Dec. 2023)


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What is RusHydro 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. RusHydro PJSC's Operating Income for the three months ended in Dec. 2023 was $194 Mil. RusHydro PJSC's Interest Expense for the three months ended in Dec. 2023 was $-70 Mil. RusHydro PJSC's interest coverage for the quarter that ended in Dec. 2023 was 2.76. The higher the ratio, the stronger the company's financial strength is.

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

RSHYY' s Interest Coverage Range Over the Past 10 Years
Min: 5.46   Med: 9.75   Max: 17.94
Current: 6.3


RSHYY's Interest Coverage is ranked better than
72.62% of 325 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.98 vs RSHYY: 6.30

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


RusHydro PJSC Interest Coverage Historical Data

The historical data trend for RusHydro 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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RusHydro PJSC Interest Coverage Chart

RusHydro 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 10.82 9.66 9.84 5.46 6.30

RusHydro PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.35 13.75 11.85 4.14 2.76

Competitive Comparison of RusHydro PJSC's Interest Coverage

For the Utilities - Renewable subindustry, RusHydro 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.


RusHydro PJSC's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RusHydro PJSC's Interest Coverage distribution charts can be found below:

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



RusHydro 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.

RusHydro 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, RusHydro PJSC's Interest Expense was $-171 Mil. Its Operating Income was $1,079 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,245 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1078.522/-171.229
=6.30

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

Here, for the three months ended in Dec. 2023, RusHydro PJSC's Interest Expense was $-70 Mil. Its Operating Income was $194 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,245 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*193.716/-70.187
=2.76

* 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.


RusHydro PJSC  (OTCPK:RSHYY) 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 .


RusHydro PJSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of RusHydro PJSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


RusHydro PJSC (RusHydro PJSC) Business Description

Traded in Other Exchanges
Address
43, Dubrovinskogo Street, Building 1, Krasnoyarsk, RUS, 660017
RusHydro PJSC is one of the largest Russian utility holding companies and produces a sizable amount of the country's electricity. The company constructs, repairs, owns and operates heat and electricity generating power plants. RusHydro's portfolio of facilities includes thermal, geothermal, hydroelectric, tidal, wind, and solar power plants located throughout all of Russia. Hydroelectric sites make up most of these. The company primarily generates revenue from the sale of electricity. Sales of thermal energy, hot water, and capacity also represent substantial revenue streams. RusHydro's largest shareholder is the government of the Russian Federation, which holds a controlling stake in the company.