Vietnam Dairy Products JSC (STC:VNM) Interest Expense : ₫-408,717 Mil (TTM As of Mar. 2024)

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What is Vietnam Dairy Products JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vietnam Dairy Products JSC's interest expense for the three months ended in Mar. 2024 was ₫ -86,421 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-408,717 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. Vietnam Dairy Products JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 2,485,568 Mil. Vietnam Dairy Products JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -86,421 Mil. Vietnam Dairy Products JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 28.76. 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.

Vietnam Dairy Products JSC Interest Expense Historical Data

The historical data trend for Vietnam Dairy Products 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.

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Vietnam Dairy Products JSC Interest Expense Chart

Vietnam Dairy Products JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-109,034.05

-144,030.07

-89,019.77

-166,881.01

-354,821.15

Vietnam Dairy Products 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															-82,533.04	-115,957.69	-110,138.42	-96,199.77	-86,420.85

Vietnam Dairy Products 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 ₫-408,717 Mil.

Vietnam Dairy Products JSC (STC:VNM) 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.

Vietnam Dairy Products JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-86,421 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫2,485,568 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫211,809 Mil.

Vietnam Dairy Products 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	*	2485567.668	/	-86420.851
	=	28.76

The higher the ratio, the stronger the company's financial strength is.

Vietnam Dairy Products JSC (STC:VNM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam Dairy Products JSC (STC:VNM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM

Website

https://www.vinamilk.com.vn

Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

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