Yandex NV (Yandex NV) Interest Coverage

: 0.74 (As of Dec. 2023)

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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. Yandex NV's Operating Income for the three months ended in Dec. 2023 was $32 Mil. Yandex NV's Interest Expense for the three months ended in Dec. 2023 was $-44 Mil. Yandex NV's interest coverage for the quarter that ended in Dec. 2023 was 0.74. The higher the ratio, the stronger the company's financial strength is.

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

YNDX' s Interest Coverage Range Over the Past 10 Years
Min: 2.72 Med: 9.25 Max: 342.22
Current: 2.77

YNDX's Interest Coverage is ranked worse than
86.31% of 314 companies
in the Interactive Media industry
Industry Median: 35.915 vs YNDX: 2.77

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

Yandex NV Interest Coverage Historical Data

The historical data trend for Yandex NV'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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Yandex NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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342.22

6.60

3.90

2.72

Yandex NV 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															6.90	1.68	6.40	3.20	0.74

Competitive Comparison

For the Internet Content & Information subindustry, Yandex NV'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.

Yandex NV Interest Coverage Distribution

For the Interactive Media industry and Communication Services sector, Yandex NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yandex NV's Interest Coverage falls into.

Yandex NV 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.

Yandex NV'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, Yandex NV's Interest Expense was $-120 Mil. Its Operating Income was $328 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,137 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	328.017	/	-120.392
	=	2.72

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

Here, for the three months ended in Dec. 2023, Yandex NV's Interest Expense was $-44 Mil. Its Operating Income was $32 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,137 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	32.284	/	-43.622
	=	0.74

The higher the ratio, the stronger the company's Financial Strength is.

Yandex NV (NAS:YNDX) 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 .

Yandex NV Interest Coverage Related Terms

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Yandex NV (Yandex NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Yandex NV (NAS:YNDX) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

YNDX:Russia

Address

Schiphol Boulevard 165, Schiphol P7, Schiphol, NLD, 1118 BG

Website

https://www.yandex.com

Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through the following segments namely, Search and Portal; E-commerce, Mobility and Delivery; Plus and Entertainment Services; Classifieds; Media Services; Classifieds, and Other Business units. The search and Portal segment offers services in Russia, Belarus, and Kazakhstan which generates most of the revenue.