Thang Long Investment Group (HSTC:TIG) Interest Coverage : 0 (At Loss) (As of . 20)

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What is Thang Long Investment Group 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. Thang Long Investment Group's Operating Income for the three months ended in . 20 was ₫0.00 Mil. Thang Long Investment Group's Interest Expense for the three months ended in . 20 was ₫0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Thang Long Investment Group's Interest Coverage or its related term are showing as below:

HSTC:TIG's Interest Coverage is not ranked ^*
in the Asset Management industry.
Industry Median: 47.53
* 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.

Thang Long Investment Group Interest Coverage Historical Data

The historical data trend for Thang Long Investment Group'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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Thang Long Investment Group Interest Coverage Chart

Thang Long Investment Group Annual Data

Trend

Interest Coverage

Thang Long Investment Group Quarterly Data

Interest Coverage

Competitive Comparison of Thang Long Investment Group's Interest Coverage

For the Asset Management subindustry, Thang Long Investment Group'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.

Thang Long Investment Group's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thang Long Investment Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thang Long Investment Group's Interest Coverage falls into.

Thang Long Investment Group 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.

Thang Long Investment Group's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Thang Long Investment Group's Interest Expense was ₫0.00 Mil. Its Operating Income was ₫0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0.00 Mil.

Thang Long Investment Group had no debt ⁽¹⁾.

Thang Long Investment Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Thang Long Investment Group's Interest Expense was ₫0.00 Mil. Its Operating Income was ₫0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0.00 Mil.

Thang Long Investment Group had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Thang Long Investment Group (HSTC:TIG) 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 .

Thang Long Investment Group Interest Coverage Related Terms

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Thang Long Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thang Long Investment Group (HSTC:TIG) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Mac Thai Tong Street, Lot 3-E9 Cau Giay New Urban Area, Trung Hoa Ward Cau Giay, Hanoi, VNM

Website

http://www.thanglonginvestgroup.vn

Thang Long Investment Group is an investment company. The company operates in the fields of Real Estate wherein the company has managed and owned projects. Distribution field deals with distribution of household products such as electronics and home appliances in Vietnam, and Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works, and transport infrastructure. It is also involved in other sectors such as tourism, trading, communication services in Vietnam. Some of the company's projects are King's Garden Resort and Villas, Vantri Ecoland Project, TIG Dai Mo Green Garden House Project, and others.