Viet Nam Airlines JSC (STC:HVN) Interest Coverage: 23.63 (As of Mar. 2026) — 459% Above Median


STC:HVN Viet Nam Airlines JSC STC:HVN
79 GF Score
Price ₫23,600.00
GF Value ₫22,191.50
Valuation Fairly Valued
! 3 Warning Signs
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What is Viet Nam Airlines JSC Interest Coverage?

Viet Nam Airlines JSC STC:HVN +2.61% 79 Interest Coverage is 23.63 as of Mar. 2026, which is 459% above its 10-year median of 4.23. GuruFocus rates STC:HVN with a GF Score™ of 79/100 and a GF Value™ of ₫22,191.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 838 Transportation companies, Viet Nam Airlines JSC ranks better than 70.41% on this metric.

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. Viet Nam Airlines JSC's Operating Income for the three months ended in Mar. 2026 was ₫4,859,555 Mil. Viet Nam Airlines JSC's Interest Expense for the three months ended in Mar. 2026 was ₫-205,613 Mil. Viet Nam Airlines JSC's interest coverage for the quarter that ended in Mar. 2026 was 23.63. The higher the ratio, the stronger the company's financial strength is.

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

STC:HVN' s Interest Coverage Range Over the Past 10 Years
Min: 2.54   Med: 4.23   Max: 12.47
Current: 12.47


STC:HVN's Interest Coverage is ranked better than
70.41% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs STC:HVN: 12.47

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


Viet Nam Airlines JSC  (STC:HVN) 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 .


Viet Nam Airlines JSC Interest Coverage Related Terms


Viet Nam Airlines JSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Viet Nam Airlines 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.

Viet Nam Airlines JSC Interest Coverage Chart

Viet Nam Airlines JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 5.32 10.90

Viet Nam Airlines JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.28 15.58 6.44 2.00 23.63

STC:HVN vs DAL, UAL, LUV: Interest Coverage Comparison

For the Airlines subindustry, Viet Nam Airlines 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.


Viet Nam Airlines JSC Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Viet Nam Airlines JSC's Interest Coverage distribution charts can be found below:

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


STC:HVN
79GF Score
Viet Nam Airlines JSC STC:HVN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Airlines 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.

Viet Nam Airlines JSC's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Viet Nam Airlines JSC's Interest Expense was ₫-838,122 Mil. Its Operating Income was ₫9,138,016 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫3,725,108 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*9138015.811/-838122.183
=10.90

Viet Nam Airlines JSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Viet Nam Airlines JSC's Interest Expense was ₫-205,613 Mil. Its Operating Income was ₫4,859,555 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫3,209,021 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4859554.88/-205613.043
=23.63

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 23.63 mean?
Viet Nam Airlines JSC (STC:HVN) has a Interest Coverage of 23.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Viet Nam Airlines JSC and its competitors. This is 459% above median its historical median of 4.23. Over the past decade, Viet Nam Airlines JSC's Interest Coverage has ranged from 2.54 to 12.47. According to the industry distribution chart, Viet Nam Airlines JSC ranks #248 out of 838 companies in the Transportation industry, placing it in the top 29.6%.
Is Viet Nam Airlines JSC's Interest Coverage too high?
Viet Nam Airlines JSC's current Interest Coverage of 23.63 is 459% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 12.47. The Transportation industry median Interest Coverage is 5.72. Viet Nam Airlines JSC's value of 23.63 is 313.1% above this industry median. Based on the distribution chart, Viet Nam Airlines JSC ranks #248 out of 838 companies in the Transportation industry, which is above the industry midpoint. Overall, Viet Nam Airlines JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Airlines JSC's Interest Coverage compare to DAL and UAL?
According to the Transportation industry distribution chart, Viet Nam Airlines JSC ranks #248 out of 838 companies for Interest Coverage. This puts Viet Nam Airlines JSC in the upper half of its industry. The industry median Interest Coverage is 5.72. Viet Nam Airlines JSC's value of 23.63 is 313.1% above this benchmark. Historically, Viet Nam Airlines JSC's own Interest Coverage has ranged from 2.54 to 12.47 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 5.72, Viet Nam Airlines JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viet Nam Airlines JSC's current Interest Coverage of 23.63 is 313.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Viet Nam Airlines JSC and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Airlines JSC's current Interest Coverage is 23.63, which is 459% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Airlines JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Airlines JSC (STC:HVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫22,191.50, compared to a current price of ₫23,600.00 — trading 6.3% above its estimated fair value. The current Interest Coverage is 23.63, which is 459% above median its 10-year median of 4.23 and 313.1% above the Transportation industry median of 5.72. Viet Nam Airlines JSC's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Viet Nam Airlines JSC (STC:HVN), the current Interest Coverage is 23.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Viet Nam Airlines JSC (STC:HVN) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Airlines JSC stock appears to be overvalued. The current stock price of ₫23,600.00 is trading 6.3% above its estimated GF Value™ of ₫22,191.50. GuruFocus considers Viet Nam Airlines JSC to be Fairly Valued.

Key valuation signals for STC:HVN:

  • Interest Coverage: 23.63 (459% above median its 10-year median of 4.23)
  • GF Value™: ₫22,191.50 vs. price of ₫23,600.00 (6.3% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 313.1% above the Transportation median (#248 of 838)

No single metric tells the full story. See the STC:HVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viet Nam Airlines JSC Business Description

Address Number 200 Nguyen Son, Bo De Ward, Long Bien District, Hanoi, VNM
Viet Nam Airlines JSC is an airline service provider in Vietnam. The company provides air transportation of passengers, air transportation of luggage, cargos, parcels, postal items and mails and activities of general aviation including aerial photography of the terrain, geological surveys and flight calibration of air stations among others.
79GF Score

Get the complete analysis for STC:HVN

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫23,600.00
Price
₫22,191.50
GF Value