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Gemadept (STC:GMD) Interest Expense : ₫-155,616 Mil (TTM As of Mar. 2024)


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What is Gemadept Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gemadept's interest expense for the three months ended in Mar. 2024 was ₫ -35,834 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₫-155,616 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. Gemadept's Operating Income for the three months ended in Mar. 2024 was ₫ 300,765 Mil. Gemadept's Interest Expense for the three months ended in Mar. 2024 was ₫ -35,834 Mil. Gemadept's Interest Coverage for the quarter that ended in Mar. 2024 was 8.39. 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.


Gemadept Interest Expense Historical Data

The historical data trend for Gemadept'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.

Gemadept Interest Expense Chart

Gemadept 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 -145,399.81 -146,594.71 -119,252.96 -130,757.00 -134,993.14

Gemadept 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 -36,499.81 -30,878.77 -51,064.40 -37,838.71 -35,833.74

Gemadept 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 ₫-155,616 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.


Gemadept  (STC:GMD) 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.

Gemadept's Interest Expense for the three months ended in Mar. 2024 was ₫-35,834 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₫300,765 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₫1,624,965 Mil.

Gemadept'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*300765.24/-35833.743
=8.39

* 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.


Gemadept (STC:GMD) Business Description

Traded in Other Exchanges
N/A
Address
21st Floor, Gemadept Tower, 6 Le Thanh Ton, Ben Nghe Ward, District 1, Ho Chi Minh, VNM
Gemadept Corp is in port operation, logistics, rubber plantation and real estate. It has Port operation, Logistics services, Planting rubber trees and Trading real estate segments. Port operation segment operates a system which stretches from north to south, in big cities and major industrial zones. Logistics services segment consists of distribution center services, container liner services, project cargo transport, multi-modal transport, ship and crew management, freight forwarding services and air cargo terminal. Rubber trees segment covers planting, exploiting and processing of rubber trees in Cambodia. Real estate segment builds and operates commercial centers, hotels, office buildings in big cities. The company derives the majority of its revenue from Logistics segment.

Gemadept (STC:GMD) Headlines

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