VNET Group (HAM:217A) Interest Expense: €-88 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:217A VNET Group Inc HAM:217A
59 GF Score
Price €6.64
GF Value €3.88
! 8 Warning Signs
View Full Analysis

What is VNET Group Interest Expense?

VNET Group HAM:217A -3.21% 59 Interest Expense is €-88 Mil as of Mar. 2026. GuruFocus rates HAM:217A with a GF Score™ of 59/100 and a GF Value™ of €3.88. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VNET Group's interest expense for the three months ended in Mar. 2026 was € -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-88 Mil.

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. VNET Group's Operating Income for the three months ended in Mar. 2026 was € 31 Mil. VNET Group's Interest Expense for the three months ended in Mar. 2026 was € -28 Mil. VNET Group's Interest Coverage for the quarter that ended in Mar. 2026 was 1.12. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


VNET Group  (HAM:217A) Interest Expense Explanation

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. The higher, the better.

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

VNET Group's Interest Expense for the three months ended in Mar. 2026 was €-28 Mil. Its Operating Income for the three months ended in Mar. 2026 was €31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €2,920 Mil.

VNET Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*30.991/-27.742
=1.12

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. VNET Group Inc interest coverage is 1.08, which is low.


VNET Group Interest Expense Historical Data

* Premium members only.

The historical data trend for VNET Group's Interest Expense 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.

VNET Group Interest Expense Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.54 -37.01 -40.09 -52.60 -72.58

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -12.84 -19.02 -18.06 -22.97 -27.74
HAM:217A
59GF Score
VNET Group Inc HAM:217A
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VNET Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-88 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-88 Mil mean?
VNET Group (HAM:217A) has a Interest Expense of €-88 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on VNET Group and its competitors.
Is VNET Group's Interest Expense too high?
VNET Group's current Interest Expense is €-88 Mil. Overall, VNET Group has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Interest Expense compare to INOD and KD?
VNET Group's Interest Expense of €-88 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on VNET Group and its competitors. VNET Group's current Interest Expense is €-88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
VNET Group (HAM:217A) has a current Interest Expense of €-88 Mil. The stock's GF Value™ is €3.88, compared to a current price of €6.64 — trading 71.1% above its estimated fair value. The current Interest Expense is €-88 Mil. VNET Group's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For VNET Group (HAM:217A), the current Interest Expense is €-88 Mil 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 VNET Group (HAM:217A) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of €6.64 is trading 71.1% above its estimated GF Value™ of €3.88.

Key valuation signals for HAM:217A:

  • Interest Expense: €-88 Mil
  • GF Value™: €3.88 vs. price of €6.64 (71.1% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the HAM:217A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VNET Group Business Description

Other Exchanges VNET:USA217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
59GF Score

Get the complete analysis for HAM:217A

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

€6.64
Price
€3.88
GF Value