GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vinacomin - Power Holding Corp (HSTC:DTK) » Definitions » Interest Coverage

Vinacomin - Power Holding (HSTC:DTK) Interest Coverage : 4.35 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Vinacomin - Power Holding Interest Coverage?

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 by its Interest Expense. Vinacomin - Power Holding's Operating Income for the three months ended in Mar. 2024 was ₫299,672 Mil. Vinacomin - Power Holding's Interest Expense for the three months ended in Mar. 2024 was ₫-68,811 Mil. Vinacomin - Power Holding's interest coverage for the quarter that ended in Mar. 2024 was 4.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vinacomin - Power Holding's Interest Coverage or its related term are showing as below:

HSTC:DTK' s Interest Coverage Range Over the Past 10 Years
Min: 1.88   Med: 2.54   Max: 3.25
Current: 1.88


HSTC:DTK's Interest Coverage is ranked worse than
66.46% of 328 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.2 vs HSTC:DTK: 1.88

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Vinacomin - Power Holding Interest Coverage Historical Data

The historical data trend for Vinacomin - Power Holding's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Vinacomin - Power Holding Interest Coverage Chart

Vinacomin - Power Holding Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
3.25 2.54 2.30

Vinacomin - Power Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.58 2.64 0.22 2.23 4.35

Competitive Comparison of Vinacomin - Power Holding's Interest Coverage

For the Utilities - Renewable subindustry, Vinacomin - Power Holding's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vinacomin - Power Holding's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vinacomin - Power Holding's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vinacomin - Power Holding's Interest Coverage falls into.



Vinacomin - Power Holding Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vinacomin - Power Holding's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Vinacomin - Power Holding's Interest Expense was ₫-371,501 Mil. Its Operating Income was ₫856,220 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫1,621,352 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*856219.725/-371501.458
=2.30

Vinacomin - Power Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Vinacomin - Power Holding's Interest Expense was ₫-68,811 Mil. Its Operating Income was ₫299,672 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫1,259,703 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*299671.965/-68811.137
=4.35

* 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.


Vinacomin - Power Holding  (HSTC:DTK) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Vinacomin - Power Holding Interest Coverage Related Terms

Thank you for viewing the detailed overview of Vinacomin - Power Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinacomin - Power Holding (HSTC:DTK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM
Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

Vinacomin - Power Holding (HSTC:DTK) Headlines

No Headlines