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Rosseti Moscow Region PJSC (MIC:MSRS) Financial Strength : 6 (As of Dec. 2023)


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What is Rosseti Moscow Region PJSC Financial Strength?

Rosseti Moscow Region PJSC has the Financial Strength Rank of 6.

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 Moscow Region PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 59.10. Rosseti Moscow Region PJSC's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.22. As of today, Rosseti Moscow Region PJSC's Altman Z-Score is 1.47.


Competitive Comparison of Rosseti Moscow Region PJSC's Financial Strength

For the Utilities - Regulated Electric subindustry, Rosseti Moscow Region 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 Moscow Region PJSC's Financial Strength Distribution in the Utilities - Regulated Industry

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

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



Rosseti Moscow Region 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 Moscow Region PJSC's Interest Expense for the months ended in Dec. 2023 was ₽-208 Mil. Its Operating Income for the months ended in Dec. 2023 was ₽12,273 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₽29,703 Mil.

Rosseti Moscow Region PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*12272.53/-207.642
=59.10

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

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

Rosseti Moscow Region PJSC's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(28425.31 + 29703.43) / 263670.912
=0.22

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 Moscow Region PJSC has a Z-score of 1.47, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.47 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 Moscow Region PJSC  (MIC:MSRS) 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 Moscow Region PJSC has the Financial Strength Rank of 6.


Rosseti Moscow Region PJSC Financial Strength Related Terms

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Rosseti Moscow Region PJSC (MIC:MSRS) Business Description

Traded in Other Exchanges
N/A
Address
2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.

Rosseti Moscow Region PJSC (MIC:MSRS) Headlines

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