During nine months of 2026, shares of Russian companies with a debt burden ratio of NetDebt / EBITDA above 3.0x fell an average of 31.5%, according to research by Uniservice Capital. That's twice as much as the decline in quotes for issuers with moderate debt. Analysts point out that within the tight monetary policy of the central bank, the cost of debt repayment has become a major factor in the market value of the business, and investors prefer financially stable companies with minimal leverage or the complete absence of net debt.

During nine months of 2026, shares of Russian companies with a debt burden ratio of NetDebt / EBITDA above 3.0x fell an average of 31.5%, according to research by Uniservice Capital. That's twice as much as the decline in quotes for issuers with moderate debt. Analysts point out that within the tight monetary policy of the central bank, the cost of debt repayment has become a major factor in the market value of the business, and investors prefer financially stable companies with minimal leverage or the complete absence of net debt.