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Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Interest Coverage : 0.97 (As of Mar. 2024)


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What is Thanh Thanh Cong � Bien Hoa JSC 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. Thanh Thanh Cong � Bien Hoa JSC's Operating Income for the three months ended in Mar. 2024 was ₫404,708 Mil. Thanh Thanh Cong � Bien Hoa JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-416,531 Mil. Thanh Thanh Cong � Bien Hoa JSC's interest coverage for the quarter that ended in Mar. 2024 was 0.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage or its related term are showing as below:

STC:SBT' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 1.17   Max: 2.4
Current: 1.02


STC:SBT's Interest Coverage is ranked worse than
92.79% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 8.57 vs STC:SBT: 1.02

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


Thanh Thanh Cong � Bien Hoa JSC Interest Coverage Historical Data

The historical data trend for Thanh Thanh Cong � Bien Hoa JSC'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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Thanh Thanh Cong � Bien Hoa JSC Interest Coverage Chart

Thanh Thanh Cong � Bien Hoa JSC Annual Data
Trend Dec13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.91 1.56 1.19 0.95

Thanh Thanh Cong � Bien Hoa JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 1.66 0.90 0.78 0.97

Competitive Comparison of Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage

For the Confectioners subindustry, Thanh Thanh Cong � Bien Hoa JSC'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.


Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage falls into.



Thanh Thanh Cong � Bien Hoa JSC 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.

Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Thanh Thanh Cong � Bien Hoa JSC's Interest Expense was ₫-1,498,900 Mil. Its Operating Income was ₫1,426,436 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫579,743 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*1426436.465/-1498900.145
=0.95

Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Thanh Thanh Cong � Bien Hoa JSC's Interest Expense was ₫-416,531 Mil. Its Operating Income was ₫404,708 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫1,799,858 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*404707.979/-416530.573
=0.97

* 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.


Thanh Thanh Cong � Bien Hoa JSC  (STC:SBT) 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 .


Thanh Thanh Cong � Bien Hoa JSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Thanh Thanh Cong � Bien Hoa JSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Business Description

Traded in Other Exchanges
N/A
Address
Tan Hung commune, Tay Ninh Province, Tan Chau, VNM
Thanh Thanh Cong - Bien Hoa JSC is a Vietnamese company engaged in the production and trading sugar and by-products. The company is also involved in producing and trading fertilizers and agricultural materials, construction of industrial park infrastructure, building supermarkets, restaurants, and hotels. It produces commercial electricity and electricity for self-use from bagasse and/or coal.

Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Headlines