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Bao Viet Securities JSC (HSTC:BVS) Interest Coverage : 0.15 (As of Sep. 2024)


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What is Bao Viet Securities 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. Bao Viet Securities JSC's Operating Income for the three months ended in Sep. 2024 was ₫4,711 Mil. Bao Viet Securities JSC's Interest Expense for the three months ended in Sep. 2024 was ₫-31,372 Mil. Bao Viet Securities JSC's interest coverage for the quarter that ended in Sep. 2024 was 0.15. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bao Viet Securities JSC's Interest Coverage or its related term are showing as below:


HSTC:BVS's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 20.99
* Ranked among companies with meaningful Interest Coverage only.

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


Bao Viet Securities JSC Interest Coverage Historical Data

The historical data trend for Bao Viet Securities 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.

* Premium members only.

Bao Viet Securities JSC Interest Coverage Chart

Bao Viet Securities JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.96 3.92 1.53 1.85

Bao Viet Securities JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.14 - 0.76 - 0.15

Competitive Comparison of Bao Viet Securities JSC's Interest Coverage

For the Capital Markets subindustry, Bao Viet Securities 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.


Bao Viet Securities JSC's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bao Viet Securities JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bao Viet Securities JSC's Interest Coverage falls into.


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Bao Viet Securities 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.

Bao Viet Securities JSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Bao Viet Securities JSC's Interest Expense was ₫-123,351 Mil. Its Operating Income was ₫227,592 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*227591.744/-123350.588
=1.85

Bao Viet Securities JSC's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Bao Viet Securities JSC's Interest Expense was ₫-31,372 Mil. Its Operating Income was ₫4,711 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4711.496/-31371.966
=0.15

* 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.


Bao Viet Securities JSC  (HSTC:BVS) 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 .


Bao Viet Securities JSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Bao Viet Securities JSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Bao Viet Securities JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Le Thai To, Hoan Kiem District, Hanoi, VNM
Bao Viet Securities JSC provides brokerage service, custodian service, proprietary trading, underwriting, corporate finance, and investment advisory service. It provides professional fiscal and investment services to domestic and foreign individuals and institutions, investment funds and banks.