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Vincom Retail JSC (STC:VRE) Interest Expense : ₫-292,556 Mil (TTM As of Mar. 2024)


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What is Vincom Retail JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vincom Retail JSC's interest expense for the three months ended in Mar. 2024 was ₫ -104,205 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-292,556 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. Vincom Retail JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 1,047,953 Mil. Vincom Retail JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -104,205 Mil. Vincom Retail JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 10.06. 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.


Vincom Retail JSC Interest Expense Historical Data

The historical data trend for Vincom Retail 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.

Vincom Retail JSC Interest Expense Chart

Vincom Retail JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -296,528.00 -443,319.00 -445,044.00 -321,345.00 -301,824.00

Vincom Retail 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 -90,901.00 -72,954.00 -69,870.00 -45,527.00 -104,205.00

Vincom Retail 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 ₫-292,556 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.


Vincom Retail JSC  (STC:VRE) 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.

Vincom Retail JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-104,205 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫1,047,953 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫2,148,375 Mil.

Vincom Retail 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*1047953/-104205
=10.06

* 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.


Vincom Retail JSC (STC:VRE) Business Description

Traded in Other Exchanges
N/A
Address
No.7 Bang Lang 1 Street, Vinhomes Riverside Urban Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
Vincom Retail JSC is real estate service provider in Vietnam. The company is engaged in developing and operating shopping center and shopping malls.