Song Hong Garment JSC (STC:MSH) Interest Coverage: 6.54 (As of Mar. 2026) — 45% Below Median


STC:MSH Song Hong Garment JSC STC:MSH
79 GF Score
Price ₫34,100.00
GF Value ₫34,378.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Song Hong Garment JSC Interest Coverage?

Song Hong Garment JSC STC:MSH +0.59% 79 Interest Coverage is 6.54 as of Mar. 2026, which is 45% below its 10-year median of 11.98. GuruFocus rates STC:MSH with a GF Score™ of 79/100 and a GF Value™ of ₫34,378.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks better than 59.97% 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. Song Hong Garment JSC's Operating Income for the three months ended in Mar. 2026 was ₫100,364 Mil. Song Hong Garment JSC's Interest Expense for the three months ended in Mar. 2026 was ₫-15,351 Mil. Song Hong Garment JSC's interest coverage for the quarter that ended in Mar. 2026 was 6.54. The higher the ratio, the stronger the company's financial strength is.

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

STC:MSH' s Interest Coverage Range Over the Past 10 Years
Min: 4.18   Med: 11.98   Max: 48.53
Current: 8.89


STC:MSH's Interest Coverage is ranked better than
59.97% of 742 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435 vs STC:MSH: 8.89

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


Song Hong Garment JSC  (STC:MSH) 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 .


Song Hong Garment JSC Interest Coverage Related Terms


Song Hong Garment JSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC Interest Coverage Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 48.53 10.58 4.18 8.25 11.00

Song Hong Garment 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 6.85 7.29 13.60 8.83 6.54

STC:MSH vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Song Hong Garment 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.


Song Hong Garment JSC Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Song Hong Garment JSC's Interest Coverage falls into.


STC:MSH
79GF Score
Song Hong Garment JSC STC:MSH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Hong Garment 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.

Song Hong Garment 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, Song Hong Garment JSC's Interest Expense was ₫-64,310 Mil. Its Operating Income was ₫707,256 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫647,913 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*707256.004/-64309.875
=11.00

Song Hong Garment JSC's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Song Hong Garment JSC's Interest Expense was ₫-15,351 Mil. Its Operating Income was ₫100,364 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫631,913 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*100364.071/-15351.041
=6.54

* 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 6.54 mean?
Song Hong Garment JSC (STC:MSH) has a Interest Coverage of 6.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Song Hong Garment JSC and its competitors. This is 45% below median its historical median of 11.98. Over the past decade, Song Hong Garment JSC's Interest Coverage has ranged from 4.18 to 48.53. According to the industry distribution chart, Song Hong Garment JSC ranks #297 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40%.
Is Song Hong Garment JSC's Interest Coverage too high?
Song Hong Garment JSC's current Interest Coverage of 6.54 is 45% below median its 10-year median of 11.98. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 48.53. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Song Hong Garment JSC's value of 6.54 is 20.3% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #297 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Song Hong Garment 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 Song Hong Garment JSC's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #297 out of 742 companies for Interest Coverage. This puts Song Hong Garment JSC in the upper half of its industry. The industry median Interest Coverage is 5.44. Song Hong Garment JSC's value of 6.54 is 20.3% above this benchmark. Historically, Song Hong Garment JSC's own Interest Coverage has ranged from 4.18 to 48.53 over the past decade. While the company's 10-year median is 11.98 vs. the industry median of 5.44, Song Hong Garment 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 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. Song Hong Garment JSC's current Interest Coverage of 6.54 is 20.3% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current Interest Coverage is 6.54, which is 45% below median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,378.97, compared to a current price of ₫34,100.00 — trading 0.8% below its estimated fair value. The current Interest Coverage is 6.54, which is 45% below median its 10-year median of 11.98 and 20.3% above the Manufacturing - Apparel & Accessories industry median of 5.44. Song Hong Garment JSC's overall GF Score™ is 79/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current Interest Coverage is 6.54 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?

Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued. The current stock price of ₫34,100.00 is trading 0.8% below its estimated GF Value™ of ₫34,378.97. GuruFocus considers Song Hong Garment JSC to be Fairly Valued.

Key valuation signals for STC:MSH:

  • Interest Coverage: 6.54 (45% below median its 10-year median of 11.98)
  • GF Value™: ₫34,378.97 vs. price of ₫34,100.00 (0.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 20.3% above the Manufacturing - Apparel & Accessories median (#297 of 742)

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


Song Hong Garment JSC Business Description

Address 105 Nguyen Duc Thuan Street, Nam Dinh Ward, Ninh Binh Province, Nam Dinh, VNM
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score

Get the complete analysis for STC:MSH

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

₫34,100.00
Price
₫34,378.97
GF Value