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Vietnam Engine & Agricultural Machinery (HSTC:VEA) Interest Expense : ₫-5,298 Mil (TTM As of Mar. 2025)


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What is Vietnam Engine & Agricultural Machinery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vietnam Engine & Agricultural Machinery's interest expense for the three months ended in Mar. 2025 was ₫ -211 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₫-5,298 Mil.

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. Vietnam Engine & Agricultural Machinery's Operating Income for the three months ended in Mar. 2025 was ₫ 20,322 Mil. Vietnam Engine & Agricultural Machinery's Interest Expense for the three months ended in Mar. 2025 was ₫ -211 Mil. Vietnam Engine & Agricultural Machinery's Interest Coverage for the quarter that ended in Mar. 2025 was 96.16. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Vietnam Engine & Agricultural Machinery Interest Expense Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery's Interest Expense 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.

* Premium members only.

Vietnam Engine & Agricultural Machinery Interest Expense Chart

Vietnam Engine & Agricultural Machinery Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -4,217.75 -3,095.05 -14,095.85 -50,279.69 -1,518.53

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
Interest Expense 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 -437.92 -583.12 -4,234.93 -268.85 -211.33

Vietnam Engine & Agricultural Machinery Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-5,298 Mil.

* 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.


Vietnam Engine & Agricultural Machinery  (HSTC:VEA) Interest Expense Explanation

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. The higher, the better.

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

Vietnam Engine & Agricultural Machinery's Interest Expense for the three months ended in Mar. 2025 was ₫-211 Mil. Its Operating Income for the three months ended in Mar. 2025 was ₫20,322 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ₫0 Mil.

Vietnam Engine & Agricultural Machinery's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*20322.351/-211.329
=96.16

* 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.


Vietnam Engine & Agricultural Machinery Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM
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.

Vietnam Engine & Agricultural Machinery Headlines

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