Hai Minh

Hai Minh Interest Coverage

The Interest Coverage Ratio of Hai Minh (HMH.VN) as of Oct 27, 2026 is 0.58. In the previous year, Interest Coverage Ratio was 2.07 — a change of -72.00% (lower).

Interest Coverage

0.58

YoY

-72.00%

Last updated:

Interest Coverage Ratio of Hai Minh is 2025 0.58 . Interest Coverage Ratio of Hai Minh was 2024 2.07 . It decreases by -72.00% lower compared to the previous year.

The Hai Minh Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
0.44 VND
Jan 1, 2019
2.75 VND
Jan 1, 2020
0.54 VND
Jan 1, 2021
0.75 VND
Jan 1, 2022
102.84 VND
Jan 1, 2023
0.46 VND
Jan 1, 2024
2.07 VND
Jan 1, 2025
0.58 VND
The Hai Minh Interest Coverage history
YEARInterest CoverageYoY
0.58-72.00%
2.07+353.10%
0.46-99.56%
102.84+13,563.41%
0.75+39.49%
0.54-80.37%
2.75+525.02%
0.44+92.35%
0.23-47.26%
0.43-55.70%
0.98+62.85%
0.60—

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Hai Minh Stock analysis

What does Hai Minh do? Hai Minh Corp. generates revenue through its shipping and cargo handling services, including local and long-distance freight trucking, inland water freight transportation, and operations of inland container depots (ICD's) and container freight stations (CFS's). The company provides customs clearance, freight forwarding, and ship agency services to clients in the logistics and transportation sector. Additionally, Hai Minh Corp. earns income from trading and repairing transportation equipment, renting out transportation equipment, and offering goods consignment agency services. Its subsidiary Hoang Nam Logistics Co Ltd. was dissolved on March 25, 2014, but the company continues to focus on core logistics services. The primary customers for Hai Minh Corp.'s services are businesses requiring freight transportation, customs clearance, and logistics solutions. These include companies engaged in trade, manufacturing, and supply chain management that rely on efficient cargo movement. The firm's inland container depots and freight stations serve as critical infrastructure for handling containerized cargo, supporting both domestic and international shipping needs. The dissolution of Hoang Nam Logistics Co Ltd. in 2014 indicates a strategic shift away from certain subsidiary operations towards core service offerings. Hai Minh Corp. operates within the logistics and transportation industry, targeting clients who need comprehensive shipping and cargo handling solutions. Its service portfolio includes freight trucking, inland water freight, ICD and CFS operations, customs clearance, freight forwarding, ship agency, equipment trading and repair, equipment rental, and consignment services. The company's revenue streams are derived from the direct provision of these services to businesses requiring efficient cargo movement and logistics support. Hai Minh is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Hai Minh stock

Interest Coverage Ratio of Hai Minh is 0.58 in 2025.

Interest Coverage Ratio of Hai Minh changed from 2.07 to 0.58, representing a -72.00% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Hai Minh since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Hai Minh with sector peers and the industry average to assess whether it is attractive.

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Leverage — Hai Minh

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