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Surgutneftegas PJSC (MIC:SNGS) Interest Expense : ₽-8,244 Mil (TTM As of Jun. 2023)


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What is Surgutneftegas PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Surgutneftegas PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -8,244 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-8,244 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. Surgutneftegas PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 236,304 Mil. Surgutneftegas PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -8,244 Mil. Surgutneftegas PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 28.66. 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.


Surgutneftegas PJSC Interest Expense Historical Data

The historical data trend for Surgutneftegas PJSC'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.

Surgutneftegas PJSC Interest Expense Chart

Surgutneftegas PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 - -16,816.00 -21,477.00 -20,936.00

Surgutneftegas PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23
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 -9,963.00 -11,265.00 -9,671.00 -6,549.00 -8,244.00

Surgutneftegas PJSC 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-8,244 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.


Surgutneftegas PJSC  (MIC:SNGS) 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.

Surgutneftegas PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-8,244 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽236,304 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*236304/-8244
=28.66

* 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.


Surgutneftegas PJSC (MIC:SNGS) Business Description

Traded in Other Exchanges
N/A
Address
ul. Grigoriya Kukuyevitskogo 1, Building No. 1, Khanty-Mansiysky Autonomous Okrug - Yugra, Tyumenskaya Oblast, Surgut, RUS, 628415
Surgutneftegas PJSC or simply Surgutneftegas, is a Russian-based integrated oil and gas company. The company's operations include exploration, production, refinement, and sales of oil and gas. Upstream, it produces oil and gas from fields concentrated in Eastern and Western Serbia. Much of its upstream revenue comes from exporting crude oil. Downstream, Surgutneftegas refines, markets, distributes and sells refined oil products such as gasoline and diesel fuels. Included in its distribution network are oil storage depots, tanker trucks, and filling stations. Similar to its upstream operations, the majority of downstream revenue comes from exporting refined oil products.

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