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Binh Minh Plastics JSC (STC:BMP) Interest Expense : ₫-36 Mil (TTM As of Mar. 2024)


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What is Binh Minh Plastics JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Binh Minh Plastics JSC's interest expense for the three months ended in Mar. 2024 was ₫ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-36 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. Binh Minh Plastics JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 246,697 Mil. Binh Minh Plastics JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -7 Mil. Binh Minh Plastics JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 35,072.03. 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.


Binh Minh Plastics JSC Interest Expense Historical Data

The historical data trend for Binh Minh Plastics JSC'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.

Binh Minh Plastics JSC Interest Expense Chart

Binh Minh Plastics JSC 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 -125.17 -50.84 -39.58 -27.58 -38.68

Binh Minh Plastics JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -9.42 -9.72 -9.95 -9.59 -7.03

Binh Minh Plastics JSC 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-36 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.


Binh Minh Plastics JSC  (STC:BMP) 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.

Binh Minh Plastics JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫246,697 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫0 Mil.

Binh Minh Plastics JSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*246696.688/-7.034
=35,072.03

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Binh Minh Plastics JSC has enough cash to cover all of its debt. Its financial situation is stable.


Binh Minh Plastics JSC (STC:BMP) Business Description

Traded in Other Exchanges
N/A
Address
240 Hau Giang Street, Ward 9, District 6, Ho Chi Minh City, VNM
Binh Minh Plastics JSC is engaged in the manufacture and trade of civil and industrial products made of plastic and rubber. Its products include uPVC pipes and fittings, HPPE pipes, Rubber seal products, Aerosol & workwear caps, Glue products uPVC and others. It also manufactures and trades moulds for the plastic and casting industries. In addition, it is involved in the consultancy and execution of water drainage, yards, and warehouses; transportation of goods by road; and provision of laboratory equipment and advertising services. The business of the group is functioned through Vietnam.

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