Airports of Vietnam (HSTC:ACV) Interest Expense : ₫-68,316 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Airports of Vietnam Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Airports of Vietnam's interest expense for the three months ended in Sep. 2023 was ₫ -15,638 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₫-68,316 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. Airports of Vietnam's Operating Income for the three months ended in Sep. 2023 was ₫ 2,322,261 Mil. Airports of Vietnam's Interest Expense for the three months ended in Sep. 2023 was ₫ -15,638 Mil. Airports of Vietnam's Interest Coverage for the quarter that ended in Sep. 2023 was 148.51. 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.

Airports of Vietnam Interest Expense Historical Data

The historical data trend for Airports of Vietnam'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.

* Premium members only.

Airports of Vietnam Interest Expense Chart

Airports of Vietnam Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-95,084.58

-96,418.31

-96,219.75

-88,792.73

-73,083.86

Airports of Vietnam Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-16,883.49	-18,319.06	-17,638.96	-16,720.54	-15,637.56

Airports of Vietnam 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-68,316 Mil.

Airports of Vietnam (HSTC:ACV) Interest Expense Explanation

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

Airports of Vietnam's Interest Expense for the three months ended in Sep. 2023 was ₫-15,638 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₫2,322,261 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₫10,333,427 Mil.

Airports of Vietnam's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	2322261.08	/	-15637.558
	=	148.51

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Airports Corp. of Vietnam has enough cash to cover all of its debt. Its financial situation is stable.

Airports of Vietnam (HSTC:ACV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Corp. of Vietnam (HSTC:ACV) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 58 Truong Son, Ward 2, Tan Binh District, Vietnam Airport Corporation Building, Ho Chi Minh, VNM

Website

https://www.vietnamairport.vn

Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.