Tay Ninh Rubber JSC

Tay Ninh Rubber JSC Interest Coverage

The Interest Coverage Ratio of Tay Ninh Rubber JSC (TRC.VN) as of Nov 4, 2026 is 65.32. In the previous year, Interest Coverage Ratio was 19.45 — a change of 235.82% (higher).

Interest Coverage

65.32

YoY

235.82%

Last updated:

Interest Coverage Ratio of Tay Ninh Rubber JSC is 2024 65.32 . Interest Coverage Ratio of Tay Ninh Rubber JSC was 2023 19.45 . It decreases by 235.82% higher compared to the previous year.

The Tay Ninh Rubber JSC Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2014
3.01 VND
Jan 1, 2015
2.00 VND
Jan 1, 2016
5.07 VND
Jan 1, 2017
16.03 VND
Jan 1, 2018
2.77 VND
Jan 1, 2023
19.45 VND
Jan 1, 2024
65.32 VND
The Tay Ninh Rubber JSC Interest Coverage history
YEARInterest CoverageYoY
65.32+235.82%
19.45+602.63%
2.77-82.73%
16.03+216.35%
5.07+153.53%
2.00-33.59%
3.01—

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Tay Ninh Rubber JSC Stock analysis

What does Tay Ninh Rubber JSC do? Tay Ninh Rubber JSC generates revenue primarily through the sale of natural rubber products, including rubber plantation, processing, and trading of natural latex rubber. The company also sells fertilizers, petroleum products, and metal containers, with 95.79% of net revenue coming from product sales as of December 31, 2012. Its subsidiary Vietnam Rubber Industry Group (VRG) holds a significant stake, and the company operates plantations and a mechanical enterprise. Tay Ninh Siem Reap Aphivath Caoutchouc Co., Ltd. in Cambodia serves as a new subsidiary for rubber-related activities. The firm targets buyers in the rubber and agricultural sectors, including those requiring natural latex rubber, fertilizers, and petroleum products. Rubber wood processing, petroleum transportation, and post-harvest crop activities further diversify its revenue streams. The company's operations span rubber cultivation, processing, and export, with a focus on natural rubber and related products. Tay Ninh Rubber JSC's business model relies on vertical integration, managing rubber plantations, processing facilities, and export channels. The company's subsidiary structure, including the Cambodian subsidiary, supports its expansion into regional markets. Revenue from rubber products remains the core, with additional income from trading fertilizers, petroleum, and metal containers. Tay Ninh Rubber JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Tay Ninh Rubber JSC stock

Interest Coverage Ratio of Tay Ninh Rubber JSC is 65.32 in 2024.

Interest Coverage Ratio of Tay Ninh Rubber JSC changed from 19.45 to 65.32, representing a 235.82% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Tay Ninh Rubber JSC 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 Tay Ninh Rubber JSC with sector peers and the industry average to assess whether it is attractive.

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Leverage — Tay Ninh Rubber JSC

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