Saigon Beer Alcohol Beverage (STC:SAB) Interest Expense : ₫-27,160 Mil (TTM As of Mar. 2024)

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What is Saigon Beer Alcohol Beverage Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saigon Beer Alcohol Beverage's interest expense for the three months ended in Mar. 2024 was ₫ -8,799 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-27,160 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. Saigon Beer Alcohol Beverage's Operating Income for the three months ended in Mar. 2024 was ₫ 1,052,116 Mil. Saigon Beer Alcohol Beverage's Interest Expense for the three months ended in Mar. 2024 was ₫ -8,799 Mil. Saigon Beer Alcohol Beverage's Interest Coverage for the quarter that ended in Mar. 2024 was 119.58. 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.

Saigon Beer Alcohol Beverage Interest Expense Historical Data

The historical data trend for Saigon Beer Alcohol Beverage'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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Saigon Beer Alcohol Beverage Interest Expense Chart

Saigon Beer Alcohol Beverage Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-37,367.21

-63,681.33

-48,739.80

-45,517.30

-50,214.73

Saigon Beer Alcohol Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-13,730.25	-17,523.73	-10,637.82	-7,723.01	-8,798.79

Saigon Beer Alcohol Beverage 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 ₫-27,160 Mil.

Saigon Beer Alcohol Beverage (STC:SAB) 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.

Saigon Beer Alcohol Beverage's Interest Expense for the three months ended in Mar. 2024 was ₫-8,799 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫1,052,116 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫170,443 Mil.

Saigon Beer Alcohol Beverage'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	*	1052115.793	/	-8798.792
	=	119.58

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. Saigon Beer Alcohol Beverage Corp has enough cash to cover all of its debt. Its financial situation is stable.

Saigon Beer Alcohol Beverage (STC:SAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Saigon Beer Alcohol Beverage Corp (STC:SAB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 187, Nguyen Chi Thanh Street, Ward 12, District 5, Ho Chi Minh City, VNM

Website

https://www.sabeco.com.vn

Saigon Beer Alcohol Beverage Corp operates in the beverage industry. The company produces and sells beer, alcohol, beverages, and related products including material and packaging materials; to provide warehousing, logistics, and transportation services; to manufacture mechanical equipment, structural steel construction, and mechanical equipment installation services; and to construct and provide real estate services.

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