Vinacomin Machinery Joint Stock Company (HSTC:CTT) Interest Expense : ₫-11,119 Mil (TTM As of Sep. 2023)

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What is Vinacomin Machinery Joint Stock Company Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vinacomin Machinery Joint Stock Company's interest expense for the three months ended in Sep. 2023 was ₫ -2,423 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₫-11,119 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. Vinacomin Machinery Joint Stock Company's Operating Income for the three months ended in Sep. 2023 was ₫ 6,209 Mil. Vinacomin Machinery Joint Stock Company's Interest Expense for the three months ended in Sep. 2023 was ₫ -2,423 Mil. Vinacomin Machinery Joint Stock Company's Interest Coverage for the quarter that ended in Sep. 2023 was 2.56. 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.

Vinacomin Machinery Joint Stock Company Interest Expense Historical Data

The historical data trend for Vinacomin Machinery Joint Stock Company'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.

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Vinacomin Machinery Joint Stock Company Interest Expense Chart

Vinacomin Machinery Joint Stock Company Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Interest Expense

-16,474.77

-15,060.58

-14,113.58

-14,438.07

Vinacomin Machinery Joint Stock Company Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial													-3,205.55	-3,071.57	-4,470.53	-4,226.00	-2,422.93

Vinacomin Machinery Joint Stock Company 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 ₫-11,119 Mil.

Vinacomin Machinery Joint Stock Company (HSTC:CTT) 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.

Vinacomin Machinery Joint Stock Company's Interest Expense for the three months ended in Sep. 2023 was ₫-2,423 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₫6,209 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₫19,706 Mil.

Vinacomin Machinery Joint Stock Company'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	*	6209.243	/	-2422.93
	=	2.56

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

Vinacomin Machinery Joint Stock Company (HSTC:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinacomin Machinery Joint Stock Company (HSTC:CTT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM

Website

http://www.chetaomay.com.vn

Vinacomin Machinery Joint Stock Company is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.