Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Interest Expense : ₫-92,939,705 Mil (TTM As of Mar. 2024)

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What is Joint Stock Commercial Bank for Investment and Development of Vietnam Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Joint Stock Commercial Bank for Investment and Development of Vietnam's interest expense for the three months ended in Mar. 2024 was ₫ -20,054,622 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-92,939,705 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. Joint Stock Commercial Bank for Investment and Development of Vietnam's Operating Income for the three months ended in Mar. 2024 was ₫ Mil. Joint Stock Commercial Bank for Investment and Development of Vietnam's Interest Expense for the three months ended in Mar. 2024 was ₫ Mil. 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Interest Expense Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Interest Expense Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-64,769,417.00

-64,890,703.00

-54,184,600.00

-65,041,035.00

-96,625,750.00

Joint Stock Commercial Bank for Investment and Development of Vietnam 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															-23,799,014.00	-25,878,522.00	-24,321,190.00	-22,685,371.00	-20,054,622.00

Joint Stock Commercial Bank for Investment and Development of Vietnam 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 ₫-92,939,705 Mil.

Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM

Website

http://www.bidv.com.vn

Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.