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Gelex Group JSC (STC:GEX) Interest Expense : ₫-1,593,608 Mil (TTM As of Mar. 2024)


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What is Gelex Group JSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gelex Group JSC's interest expense for the three months ended in Mar. 2024 was ₫ -370,418 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-1,593,608 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. Gelex Group JSC's Operating Income for the three months ended in Mar. 2024 was ₫ 662,646 Mil. Gelex Group JSC's Interest Expense for the three months ended in Mar. 2024 was ₫ -370,418 Mil. Gelex Group JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 1.79. 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.


Gelex Group JSC Interest Expense Historical Data

The historical data trend for Gelex Group 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.

Gelex Group JSC Interest Expense Chart

Gelex Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -768,514.18 -924,250.07 -1,364,387.49 -1,642,482.72 -1,619,237.00

Gelex Group 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 -386,100.23 -399,745.76 -428,299.26 -395,144.24 -370,418.50

Gelex Group 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 ₫-1,593,608 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.


Gelex Group JSC  (STC:GEX) 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.

Gelex Group JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-370,418 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫662,646 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫10,769,892 Mil.

Gelex Group 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*662645.542/-370418.498
=1.79

* 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.


Gelex Group JSC (STC:GEX) Business Description

Traded in Other Exchanges
N/A
Address
No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC, formerly Viet Nam Electrical Equipment JSC operates in the electronic components industry. The company is engaged in manufacturing and supplying of electrical equipment like electric wire and cable, transformers, electric motors and, electric measuring devices. The firm is also engaged in researching and building renewable energy industry and providing logistics services.