RussNeft Balance Sheet Health
Financial Health criteria checks 3/6
RussNeft has a total shareholder equity of RUB77.4B and total debt of RUB87.7B, which brings its debt-to-equity ratio to 113.3%. Its total assets and total liabilities are RUB287.0B and RUB209.6B respectively. RussNeft's EBIT is RUB56.4B making its interest coverage ratio 20.3. It has cash and short-term investments of RUB9.0B.
Key information
113.3%
Debt to equity ratio
₽87.66b
Debt
| Interest coverage ratio | 20.3x |
| Cash | ₽9.00b |
| Equity | ₽77.38b |
| Total liabilities | ₽209.59b |
| Total assets | ₽286.97b |
Recent financial health updates
No updates
Recent updates
RussNeft's (MCX:RNFT) Robust Earnings Are Supported By Other Strong Factors
Sep 09
A Look At The Intrinsic Value Of Public Joint Stock Company RussNeft (MCX:RNFT)
Mar 22Should We Be Excited About The Trends Of Returns At RussNeft (MCX:RNFT)?
Jan 27
How Much Did RussNeft's(MCX:RNFT) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 23Financial Position Analysis
Short Term Liabilities: RNFT's short term assets (RUB34.4B) do not cover its short term liabilities (RUB79.3B).
Long Term Liabilities: RNFT's short term assets (RUB34.4B) do not cover its long term liabilities (RUB130.3B).
Debt to Equity History and Analysis
Debt Level: RNFT's net debt to equity ratio (101.7%) is considered high.
Reducing Debt: RNFT's debt to equity ratio has reduced from 137.8% to 113.3% over the past 5 years.
Debt Coverage: RNFT's debt is well covered by operating cash flow (45.8%).
Interest Coverage: RNFT's interest payments on its debt are well covered by EBIT (20.3x coverage).