Vietnam Engine & Agricultural Machinery (HSTC:VEA) Effective Interest Rate on Debt % : 0.62% (As of Mar. 2025)

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What is Vietnam Engine & Agricultural Machinery Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Vietnam Engine & Agricultural Machinery's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₫845 Mil. Vietnam Engine & Agricultural Machinery's average total debt for the quarter that ended in Mar. 2025 was ₫136,270 Mil. Therefore, Vietnam Engine & Agricultural Machinery's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 0.62%.

Vietnam Engine & Agricultural Machinery Effective Interest Rate on Debt % Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt % 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.

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Vietnam Engine & Agricultural Machinery Effective Interest Rate on Debt % Chart

Vietnam Engine & Agricultural Machinery Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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2.00

1.50

2.23

8.69

1.12

Vietnam Engine & Agricultural Machinery Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial														1.12	1.52	12.41	0.82	0.62

Competitive Comparison of Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt %

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.

Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's Effective Interest Rate on Debt % falls into.

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Vietnam Engine & Agricultural Machinery Effective Interest Rate on Debt % Calculation

Vietnam Engine & Agricultural Machinery's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -1518.532	/	( (142815.137	+	127155.669)	/ 2 )
=	-1 * -1518.532	/	134985.403
=	1.12 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	142815.137
=	142815.137

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	127155.669
=	127155.669

Vietnam Engine & Agricultural Machinery's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -845.316	/	( (127155.669	+	145385.054)	/ 2 )
=	-1 * -845.316	/	136270.3615
=	0.62 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	127155.669
=	127155.669

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	145385.054
=	145385.054

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Vietnam Engine & Agricultural Machinery (HSTC:VEA) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Vietnam Engine & Agricultural Machinery Effective Interest Rate on Debt % Related Terms

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Vietnam Engine & Agricultural Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Vietnam Engine & Agricultural Machinery Corp (HSTC:VEA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM

Website

http://www.veamcorp.com

Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Its products include VEAM cars, tractors, engine, agricultural machinery, and accessories.