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Vinhomes JSC (STC:VHM) Interest Coverage : 0.84 (As of Mar. 2025)


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What is Vinhomes 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. Vinhomes JSC's Operating Income for the three months ended in Mar. 2025 was ₫3,053,210 Mil. Vinhomes JSC's Interest Expense for the three months ended in Mar. 2025 was ₫-3,641,519 Mil. Vinhomes JSC's interest coverage for the quarter that ended in Mar. 2025 was 0.84. The higher the ratio, the stronger the company's financial strength is.

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

STC:VHM' s Interest Coverage Range Over the Past 10 Years
Min: 2.8   Med: 6.9   Max: 18.97
Current: 3.49


STC:VHM's Interest Coverage is ranked worse than
53.94% of 1331 companies
in the Real Estate industry
Industry Median: 3.98 vs STC:VHM: 3.49

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


Vinhomes JSC Interest Coverage Historical Data

The historical data trend for Vinhomes 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.

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Vinhomes JSC Interest Coverage Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 7.31 18.97 12.64 6.49 2.80

Vinhomes JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.81 4.55 4.65 3.30 0.84

Competitive Comparison of Vinhomes JSC's Interest Coverage

For the Real Estate Services subindustry, Vinhomes 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.


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

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

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


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Vinhomes 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.

Vinhomes JSC's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Vinhomes JSC's Interest Expense was ₫-8,768,284 Mil. Its Operating Income was ₫24,582,769 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫47,015,689 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*24582769/-8768284
=2.80

Vinhomes JSC's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Vinhomes JSC's Interest Expense was ₫-3,641,519 Mil. Its Operating Income was ₫3,053,210 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫54,525,866 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*3053210/-3641519
=0.84

* 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.


Vinhomes JSC  (STC:VHM) 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 .


Vinhomes JSC Interest Coverage Related Terms

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Vinhomes JSC Business Description

Traded in Other Exchanges
N/A
Address
Chu Huy Man Street, Vinhomes Riverside Area, Symphony Office Building, Phuc Loi Ward, Long Bien District, Hanoi, VNM
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.

Vinhomes JSC Headlines

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