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Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Interest Expense : ₫-324,293 Mil (TTM As of Mar. 2024)


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What is Sai Gon Thuong Tin Real Estate Joint Stock Company Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sai Gon Thuong Tin Real Estate Joint Stock Company's interest expense for the three months ended in Mar. 2024 was ₫ -78,677 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-324,293 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. Sai Gon Thuong Tin Real Estate Joint Stock Company's Operating Income for the three months ended in Mar. 2024 was ₫ 23,065 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Interest Expense for the three months ended in Mar. 2024 was ₫ -78,677 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Interest Coverage for the quarter that ended in Mar. 2024 was 0.29. 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.


Sai Gon Thuong Tin Real Estate Joint Stock Company Interest Expense Historical Data

The historical data trend for Sai Gon Thuong Tin Real Estate Joint Stock Company'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.

Sai Gon Thuong Tin Real Estate Joint Stock Company Interest Expense Chart

Sai Gon Thuong Tin Real Estate Joint Stock Company Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -152,448.45 -240,949.57 -396,209.82 -310,571.74 -304,520.44

Sai Gon Thuong Tin Real Estate Joint Stock Company 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 -76,173.35 -92,309.90 -88,123.85 -65,182.45 -78,677.29

Sai Gon Thuong Tin Real Estate Joint Stock Company 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 ₫-324,293 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.


Sai Gon Thuong Tin Real Estate Joint Stock Company  (STC:SCR) 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.

Sai Gon Thuong Tin Real Estate Joint Stock Company's Interest Expense for the three months ended in Mar. 2024 was ₫-78,677 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫23,065 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫1,428,805 Mil.

Sai Gon Thuong Tin Real Estate Joint Stock Company'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*23064.779/-78677.287
=0.29

* 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.


Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Business Description

Traded in Other Exchanges
N/A
Address
No 253 Hoang Van Thu, TTC Building, Ward 2, Tan Binh District, Ho Chi Minh City, VNM
Sai Gon Thuong Tin Real Estate Joint Stock Company is engaged in trade in real estate, own land use rights, lease land use rights and houses, and invest and construct the infrastructure of industrial parks. The projects of the company are belleza apartment, carillon apartment, and hoa binh sacromreal project.