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Rosseti Kuban PJSC (MIC:KUBE) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Rosseti Kuban PJSC Interest Coverage?

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 by its Interest Expense. Rosseti Kuban PJSC's Operating Income for the three months ended in Dec. 2023 was ₽-382 Mil. Rosseti Kuban PJSC's Interest Expense for the three months ended in Dec. 2023 was ₽-709 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Rosseti Kuban PJSC's Interest Coverage or its related term are showing as below:

MIC:KUBE' s Interest Coverage Range Over the Past 10 Years
Min: 0.07   Med: 2.71   Max: 4.36
Current: 3.76


MIC:KUBE's Interest Coverage is ranked worse than
50.34% of 445 companies
in the Utilities - Regulated industry
Industry Median: 3.77 vs MIC:KUBE: 3.76

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Rosseti Kuban PJSC Interest Coverage Historical Data

The historical data trend for Rosseti Kuban PJSC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Rosseti Kuban PJSC Interest Coverage Chart

Rosseti Kuban PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 0.07 2.20 3.27 4.36

Rosseti Kuban PJSC Quarterly Data
Mar18 Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Interest Coverage 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 7.68 0.95 5.78 7.89 -

Competitive Comparison of Rosseti Kuban PJSC's Interest Coverage

For the Utilities - Regulated Electric subindustry, Rosseti Kuban PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Kuban PJSC's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Kuban PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rosseti Kuban PJSC's Interest Coverage falls into.



Rosseti Kuban PJSC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Rosseti Kuban PJSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Rosseti Kuban PJSC's Interest Expense was ₽-2,162 Mil. Its Operating Income was ₽9,421 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽16,741 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*9420.959/-2162.365
=4.36

Rosseti Kuban PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Rosseti Kuban PJSC's Interest Expense was ₽-709 Mil. Its Operating Income was ₽-382 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽16,741 Mil.

Rosseti Kuban PJSC did not have earnings to cover the interest expense.

* 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.


Rosseti Kuban PJSC  (MIC:KUBE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Rosseti Kuban PJSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Rosseti Kuban PJSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Rosseti Kuban PJSC (MIC:KUBE) Business Description

Traded in Other Exchanges
N/A
Address
4, Belovezhskaya Street, Moscow, RUS, 121353
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

Rosseti Kuban PJSC (MIC:KUBE) Headlines

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