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Izhstal PAO (MIC:IGST) Interest Expense : ₽-244 Mil (TTM As of Dec. 2021)


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What is Izhstal PAO Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Izhstal PAO's interest expense for the six months ended in Dec. 2021 was ₽ -244 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was ₽-244 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. Izhstal PAO's Operating Income for the six months ended in Dec. 2021 was ₽ 2,468 Mil. Izhstal PAO's Interest Expense for the six months ended in Dec. 2021 was ₽ -244 Mil. Izhstal PAO's Interest Coverage for the quarter that ended in Dec. 2021 was 10.10. 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.


Izhstal PAO Interest Expense Historical Data

The historical data trend for Izhstal PAO'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.

Izhstal PAO Interest Expense Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -674.90 -466.71 -372.11 -200.08 -244.31

Izhstal PAO Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -674.90 -466.71 -372.11 -200.08 -244.31

Izhstal PAO Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2021 was ₽-244 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.


Izhstal PAO  (MIC:IGST) 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.

Izhstal PAO's Interest Expense for the six months ended in Dec. 2021 was ₽-244 Mil. Its Operating Income for the six months ended in Dec. 2021 was ₽2,468 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2021 was ₽4,035 Mil.

Izhstal PAO's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2021 )/Interest Expense (Q: Dec. 2021 )
=-1*2467.787/-244.307
=10.10

* 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.


Izhstal PAO (MIC:IGST) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

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