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PetroVietnam Gas JSC (STC:GAS) Interest Expense : ₫-592,042 Mil (TTM As of Mar. 2024)


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What is PetroVietnam Gas JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PetroVietnam Gas JSC's interest expense for the three months ended in Mar. 2024 was ₫ -108,404 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-592,042 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. PetroVietnam Gas JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 2,887,959 Mil. PetroVietnam Gas JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -108,404 Mil. PetroVietnam Gas JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 26.64. 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.


PetroVietnam Gas JSC Interest Expense Historical Data

The historical data trend for PetroVietnam Gas 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.

PetroVietnam Gas JSC Interest Expense Chart

PetroVietnam Gas 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 -197,609.81 -101,218.19 -304,138.74 -336,861.02 -339,976.06

PetroVietnam Gas 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 -62,075.20 -95,220.05 -278,491.97 -109,925.46 -108,404.07

PetroVietnam Gas 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 ₫-592,042 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.


PetroVietnam Gas JSC  (STC:GAS) 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.

PetroVietnam Gas JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-108,404 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫2,887,959 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫4,233,471 Mil.

PetroVietnam Gas 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*2887958.547/-108404.069
=26.64

* 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.


PetroVietnam Gas JSC (STC:GAS) Business Description

Traded in Other Exchanges
N/A
Address
No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM
PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.

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