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Public Joint Stock Company Rosseti North-West (MIC:MRKZ) Interest Expense : ₽-1,941 Mil (TTM As of Dec. 2023)


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What is Public Joint Stock Company Rosseti North-West Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Public Joint Stock Company Rosseti North-West's interest expense for the three months ended in Dec. 2023 was ₽ -642 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-1,941 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. Public Joint Stock Company Rosseti North-West's Operating Income for the three months ended in Dec. 2023 was ₽ 212 Mil. Public Joint Stock Company Rosseti North-West's Interest Expense for the three months ended in Dec. 2023 was ₽ -642 Mil. Public Joint Stock Company Rosseti North-West's Interest Coverage for the quarter that ended in Dec. 2023 was 0.33. 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.


Public Joint Stock Company Rosseti North-West Interest Expense Historical Data

The historical data trend for Public Joint Stock Company Rosseti North-West'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.

Public Joint Stock Company Rosseti North-West Interest Expense Chart

Public Joint Stock Company Rosseti North-West Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,255.28 -1,168.09 -1,085.93 -2,159.56 -1,941.23

Public Joint Stock Company Rosseti North-West Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense 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 -484.14 -451.85 -355.55 -491.51 -642.31

Public Joint Stock Company Rosseti North-West Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽-1,941 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.


Public Joint Stock Company Rosseti North-West  (MIC:MRKZ) 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.

Public Joint Stock Company Rosseti North-West's Interest Expense for the three months ended in Dec. 2023 was ₽-642 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₽212 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₽2,838 Mil.

Public Joint Stock Company Rosseti North-West's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*212.453/-642.313
=0.33

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Public Joint Stock Company Rosseti North-Wests earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Public Joint Stock Company Rosseti North-West (MIC:MRKZ) Business Description

Traded in Other Exchanges
N/A
Address
Constitution Square,3 ?, Saint Petersburg, RUS, 196247
Interregional Distribution Grid Company of the North-West PJSC operates in the electric power industry in the Russian Federation. The company's primary activity is the provision of electricity transmission services and connection services within regions of the Russian Federation. The company's business activities are segmented as follows: Transmission segment, Energy Retail segment, and Other segment. The company derives the majority of its revenue from power transmitting.

Public Joint Stock Company Rosseti North-West (MIC:MRKZ) Headlines

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