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HAGL JSC (STC:HAG) Interest Coverage : 2.04 (As of Mar. 2024)


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What is HAGL 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. HAGL JSC's Operating Income for the three months ended in Mar. 2024 was ₫342,058 Mil. HAGL JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-167,705 Mil. HAGL JSC's interest coverage for the quarter that ended in Mar. 2024 was 2.04. The higher the ratio, the stronger the company's financial strength is.

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

STC:HAG' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 0.98   Max: 2.07
Current: 0.85


STC:HAG's Interest Coverage is ranked worse than
88.31% of 1335 companies
in the Real Estate industry
Industry Median: 4.05 vs STC:HAG: 0.85

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


HAGL JSC Interest Coverage Historical Data

The historical data trend for HAGL 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.

HAGL JSC Interest Coverage Chart

HAGL 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 - - 1.16 2.07 0.80

HAGL JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.80 0.26 2.08 0.25 2.04

Competitive Comparison of HAGL JSC's Interest Coverage

For the Real Estate - Diversified subindustry, HAGL 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.


HAGL JSC's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HAGL JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HAGL JSC's Interest Coverage falls into.



HAGL 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.

HAGL 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, HAGL JSC's Interest Expense was ₫-1,154,134 Mil. Its Operating Income was ₫917,851 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫3,340,421 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*917851.338/-1154134.054
=0.80

HAGL JSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, HAGL JSC's Interest Expense was ₫-167,705 Mil. Its Operating Income was ₫342,058 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫3,366,150 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*342057.521/-167705.183
=2.04

* 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.


HAGL JSC  (STC:HAG) 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 .


HAGL JSC Interest Coverage Related Terms

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


HAGL JSC (STC:HAG) Business Description

Traded in Other Exchanges
N/A
Address
15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.

HAGL JSC (STC:HAG) Headlines

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