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Khang Dien House Trading and Investment JSC (STC:KDH) Interest Coverage : 5.56 (As of Mar. 2024)


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What is Khang Dien House Trading and Investment JSC 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. Khang Dien House Trading and Investment JSC's Operating Income for the three months ended in Mar. 2024 was ₫117,718 Mil. Khang Dien House Trading and Investment JSC's Interest Expense for the three months ended in Mar. 2024 was ₫-21,158 Mil. Khang Dien House Trading and Investment JSC's interest coverage for the quarter that ended in Mar. 2024 was 5.56. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Khang Dien House Trading and Investment JSC's Interest Coverage or its related term are showing as below:

STC:KDH' s Interest Coverage Range Over the Past 10 Years
Min: 0.56   Med: 10.06   Max: 40.48
Current: 5.91


STC:KDH's Interest Coverage is ranked better than
58.36% of 1340 companies
in the Real Estate industry
Industry Median: 4.005 vs STC:KDH: 5.91

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


Khang Dien House Trading and Investment JSC Interest Coverage Historical Data

The historical data trend for Khang Dien House Trading and Investment JSC'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.

Khang Dien House Trading and Investment JSC Interest Coverage Chart

Khang Dien House Trading and Investment JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.48 19.77 19.46 11.83 8.29

Khang Dien House Trading and Investment JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 382.73 34.90 844.40 1.35 5.56

Competitive Comparison of Khang Dien House Trading and Investment JSC's Interest Coverage

For the Real Estate Services subindustry, Khang Dien House Trading and Investment JSC'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.


Khang Dien House Trading and Investment JSC's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Khang Dien House Trading and Investment JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Khang Dien House Trading and Investment JSC's Interest Coverage falls into.



Khang Dien House Trading and Investment JSC 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.

Khang Dien House Trading and Investment JSC'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, Khang Dien House Trading and Investment JSC's Interest Expense was ₫-147,186 Mil. Its Operating Income was ₫1,219,676 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫4,901,500 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1219675.559/-147186.146
=8.29

Khang Dien House Trading and Investment JSC's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Khang Dien House Trading and Investment JSC's Interest Expense was ₫-21,158 Mil. Its Operating Income was ₫117,718 Mil. And its Long-Term Debt & Capital Lease Obligation was ₫6,273,723 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*117717.576/-21157.85
=5.56

* 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.


Khang Dien House Trading and Investment JSC  (STC:KDH) 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 .


Khang Dien House Trading and Investment JSC Interest Coverage Related Terms

Thank you for viewing the detailed overview of Khang Dien House Trading and Investment JSC's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Khang Dien House Trading and Investment JSC (STC:KDH) Business Description

Traded in Other Exchanges
N/A
Address
11th Floor Saigon Center, , Ben Nghe Ward, Suite 1 and 2, 67 Le Loi, District 1, Ho Chi Minh, VNM
Khang Dien House Trading and Investment JSC is a real estate company. It is engaged in the business of developing real estate and offering construction services. The company provides housing products under the Khang Dien brand. Geographically, the company operates within Vietnam.

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