GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sao Mai Group Corp (STC:ASM) » Definitions » Interest Expense

Sao Mai Group (STC:ASM) Interest Expense : ₫-683,398 Mil (TTM As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sao Mai Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sao Mai Group's interest expense for the three months ended in Sep. 2024 was ₫ -164,351 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₫-683,398 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. Sao Mai Group's Operating Income for the three months ended in Sep. 2024 was ₫ 232,034 Mil. Sao Mai Group's Interest Expense for the three months ended in Sep. 2024 was ₫ -164,351 Mil. Sao Mai Group's Interest Coverage for the quarter that ended in Sep. 2024 was 1.41. 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.


Sao Mai Group Interest Expense Historical Data

The historical data trend for Sao Mai 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.

* Premium members only.

Sao Mai Group Interest Expense Chart

Sao Mai Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -257,069.61 -523,098.37 -447,285.07 -472,579.93 -741,880.60

Sao Mai Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6,192.28 -176,239.61 -147,738.22 -195,069.35 -164,351.03

Sao Mai 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-683,398 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.


Sao Mai Group  (STC:ASM) 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.

Sao Mai Group's Interest Expense for the three months ended in Sep. 2024 was ₫-164,351 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₫232,034 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₫4,476,571 Mil.

Sao Mai Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*232034.198/-164351.033
=1.41

* 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.


Sao Mai Group Business Description

Traded in Other Exchanges
N/A
Address
Number 326 Hung Vuong Street, My Long Ward, An Giang, Long Xuyen City, VNM
Sao Mai Group Corp is a company engaged in the real estate sector. It develops urban zones, residential areas and resorts, as well as leases houses and offices. It is also engaged in investment in the infrastructure business, residential area, urban area, industrial zone.