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Vietnam Livestock ( VILICO ) JSC (HSTC:VLC) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Vietnam Livestock ( VILICO ) 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. Vietnam Livestock ( VILICO ) JSC's Operating Income for the three months ended in Sep. 2024 was ₫-34,302 Mil. Vietnam Livestock ( VILICO ) JSC's Interest Expense for the three months ended in Sep. 2024 was ₫-569 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 Vietnam Livestock ( VILICO ) JSC's Interest Coverage or its related term are showing as below:


HSTC:VLC's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.72
* 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.


Vietnam Livestock ( VILICO ) JSC Interest Coverage Historical Data

The historical data trend for Vietnam Livestock ( VILICO ) 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.

Vietnam Livestock ( VILICO ) JSC Interest Coverage Chart

Vietnam Livestock ( VILICO ) JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
142.58 4,555.59 1,025.76 205.82 No Debt

Vietnam Livestock ( VILICO ) JSC Quarterly Data
Dec19 Dec20 Mar21 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 91.58 No Debt No Debt 402.33 -

Competitive Comparison of Vietnam Livestock ( VILICO ) JSC's Interest Coverage

For the Farm Products subindustry, Vietnam Livestock ( VILICO ) 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.


Vietnam Livestock ( VILICO ) JSC's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Livestock ( VILICO ) JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vietnam Livestock ( VILICO ) JSC's Interest Coverage falls into.



Vietnam Livestock ( VILICO ) 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.

Vietnam Livestock ( VILICO ) 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, Vietnam Livestock ( VILICO ) JSC's Interest Expense was ₫0 Mil. Its Operating Income was ₫76,841 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0 Mil.

Vietnam Livestock ( VILICO ) JSC had no debt (1).

Vietnam Livestock ( VILICO ) JSC's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Vietnam Livestock ( VILICO ) JSC's Interest Expense was ₫-569 Mil. Its Operating Income was ₫-34,302 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫0 Mil.

Vietnam Livestock ( VILICO ) JSC did not have earnings to cover the interest expense.

* 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 Livestock ( VILICO ) JSC  (HSTC:VLC) 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 .


Vietnam Livestock ( VILICO ) JSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Vietnam Livestock ( VILICO ) JSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Livestock ( VILICO ) JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
519 Minh Khai, Hai Ba Trung, Ha Noi, VNM
Vietnam Livestock Corp ( VILICO ) JSC is engaged in financial investment, technology transfer in livestock, poultry, and animal feed processing; production, processing, trading, import, and export of livestock products, food, raw materials, animal feed, veterinary drugs, and veterinary supplies, agricultural, forestry and fishery products, equipment and spare parts for animal husbandry and food production and processing and other commodities; real estate business, hotel service, office rental, apartment.

Vietnam Livestock ( VILICO ) JSC Headlines

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