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Rosseti PJSC (RTC:RSTIP.PFD) Financial Strength : 0 (As of Sep. 2021)


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What is Rosseti PJSC Financial Strength?

Rosseti PJSC has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Rosseti PJSC's Interest Coverage for the quarter that ended in Sep. 2021 was 6.00. Rosseti PJSC's debt to revenue ratio for the quarter that ended in Sep. 2021 was 0.54. As of today, Rosseti PJSC's Altman Z-Score is 1.02.


Competitive Comparison of Rosseti PJSC's Financial Strength

For the Utilities - Regulated Electric subindustry, Rosseti PJSC's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Rosseti PJSC's Financial Strength Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti PJSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Rosseti PJSC's Financial Strength falls into.



Rosseti PJSC Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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:

Rosseti PJSC's Interest Expense for the months ended in Sep. 2021 was ₽-7,420.00 Mil. Its Operating Income for the months ended in Sep. 2021 was ₽44,492.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was ₽502,543.00 Mil.

Rosseti PJSC's Interest Coverage for the quarter that ended in Sep. 2021 is

Interest Coverage=-1*Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*44492/-7420
=6.00

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Rosseti PJSC's Debt to Revenue Ratio for the quarter that ended in Sep. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(59007 + 502543) / 1045268
=0.54

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Rosseti PJSC has a Z-score of 1.02, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.02 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Rosseti PJSC  (RTC:RSTIP.PFD) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Rosseti PJSC has the Financial Strength Rank of 0.


Rosseti PJSC Financial Strength Related Terms

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Rosseti PJSC (RTC:RSTIP.PFD) Business Description

Traded in Other Exchanges
N/A
Address
4 Belovezhskaya Street, Moscow, RUS, 121353
Rosseti PJSC is a Russian electric utility company of whom the Russian Federation holds a controlling stake. Rosseti's core business is the transmission and distribution of electricity. With its many subsidiaries in different regions all throughout the country, the company is the operator of the vast majority of Russia's energy grids. Rosseti derives almost all of its revenue from electricity transmission and distribution service charges. This income stream is primarily determined by changes in Russian electricity consumption and tariffs determined by the Russian government. The electricity markets of Moscow, the Central Federal District, and the Volga region constitute a sizable amount of the company's total revenue. Rosetti is one of the largest electric grid companies in the world.

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