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F.I.T Group JSC (STC:FIT) Interest Expense : ₫-436,431 Mil (TTM As of Mar. 2024)


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What is F.I.T Group JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. F.I.T Group JSC's interest expense for the three months ended in Mar. 2024 was ₫ -15,455 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-436,431 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. F.I.T Group JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 13,340 Mil. F.I.T Group JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -15,455 Mil. F.I.T Group JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 0.86. 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.


F.I.T Group JSC Interest Expense Historical Data

The historical data trend for F.I.T Group 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.

F.I.T Group JSC Interest Expense Chart

F.I.T Group 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 -49,520.71 -59,578.31 -153,420.53 -93,515.21 -251,612.37

F.I.T Group 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 -15,823.48 -17,434.27 -203,336.70 -200,204.92 -15,454.99

F.I.T Group 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 ₫-436,431 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.


F.I.T Group JSC  (STC:FIT) 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.

F.I.T Group JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-15,455 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫13,340 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫265,771 Mil.

F.I.T Group 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*13340.036/-15454.992
=0.86

* 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.


F.I.T Group JSC (STC:FIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Le Van Luong, 5th Floor, Times Tower, HACC1 Complex, Thanh Xuan District, Hanoi, VNM
F.I.T Group JSC is a Vietnam based company operating in the investment advisory field and financial services. It offers advisory services such as capital mobilization and consultant service for the project, person and business; and M&A advisory service. In addition, the group is also engaged in providing real estate services, which includes appraising service, real estate repo service, management real estate service, mobilizing capital for real estate service, financial advisory service for real estate project including, rent, sell and purchase activities, and direct investment into real estate project. Through its subsidiaries, the group is also involved in the businesses of pharmaceutical, agriculture, FMCG and others.