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Transneft PJSC (MIC:TRNFP) Interest Expense : ₽-19,423 Mil (TTM As of Dec. 2023)


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What is Transneft PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Transneft PJSC's interest expense for the three months ended in Dec. 2023 was ₽ -6,471 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽-19,423 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. Transneft PJSC's Operating Income for the three months ended in Dec. 2023 was ₽ 56,528 Mil. Transneft PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽ -6,471 Mil. Transneft PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 8.74. 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.


Transneft PJSC Interest Expense Historical Data

The historical data trend for Transneft 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.

Transneft PJSC Interest Expense Chart

Transneft PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64,420.00 -49,555.00 -49,445.00 -38,617.00 -27,749.00

Transneft PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun22 Sep22 Dec22 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 -9,717.00 -7,229.00 -7,371.00 -5,581.00 -6,471.00

Transneft 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₽-19,423 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.


Transneft PJSC  (MIC:TRNFP) 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.

Transneft PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽-6,471 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₽56,528 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₽275,328 Mil.

Transneft PJSC'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*56528/-6471
=8.74

* 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.


Transneft PJSC (MIC:TRNFP) Business Description

Traded in Other Exchanges
N/A
Address
4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112
Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

Transneft PJSC (MIC:TRNFP) Headlines

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