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Viet Nam Petroleum Transport JSC (STC:VIP) Interest Expense : ₫-46 Mil (TTM As of Mar. 2024)


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What is Viet Nam Petroleum Transport JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Viet Nam Petroleum Transport JSC's interest expense for the three months ended in Mar. 2024 was ₫ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-46 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. Viet Nam Petroleum Transport JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 13,098 Mil. Viet Nam Petroleum Transport JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ 0 Mil. Viet Nam Petroleum Transport JSC has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Viet Nam Petroleum Transport JSC Interest Expense Historical Data

The historical data trend for Viet Nam Petroleum Transport 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.

Viet Nam Petroleum Transport JSC Interest Expense Chart

Viet Nam Petroleum Transport 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 -19,158.49 -16,330.59 -24,053.22 -11,334.50 -0.08

Viet Nam Petroleum Transport 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 - - -45.52 -0.08 -

Viet Nam Petroleum Transport 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 ₫-46 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.


Viet Nam Petroleum Transport JSC  (STC:VIP) 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.

Viet Nam Petroleum Transport JSC's Interest Expense for the three months ended in Mar. 2024 was ₫0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫13,098 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫0 Mil.

Viet Nam Petroleum Transport JSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Viet Nam Petroleum Transport JSC had no long-term debt (1).

* 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:

Viet Nam Petroleum Transport JSC has no debt.


Viet Nam Petroleum Transport JSC (STC:VIP) Business Description

Traded in Other Exchanges
N/A
Address
37 Phan Boi Chau, Quang Trung Ward, Hong Bang District, Hai Phong City, VNM
Viet Nam Petroleum Transport JSC is a Vietnam based company engaged in the marine transportation of petroleum and petroleum products. It also offers shipping agency, ship brokerage, customs brokerage, and business travel and inbound tourism services. The other activities of the company are trading in petroleum and infrastructure; trading in materials, equipment, spare parts; and constructing civil, industrial, traffic works and technical infrastructure for urban area and industrial zone.

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