Thaiholdings JSC

Thaiholdings JSC Interest Coverage

The Interest Coverage Ratio of Thaiholdings JSC (THD.VN) as of Nov 1, 2026 is -0.04. In the previous year, Interest Coverage Ratio was -0.79 — a change of -94.35% (higher).

Interest Coverage

-0.04

YoY

-94.35%

Last updated:

Interest Coverage Ratio of Thaiholdings JSC is 2024 -0.04 . Interest Coverage Ratio of Thaiholdings JSC was 2023 -0.79 . It decreases by -94.35% higher compared to the previous year.

The Thaiholdings JSC Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
0.20 VND
Jan 1, 2019
5.21 VND
Jan 1, 2020
325.58 VND
Jan 1, 2021
1.24 VND
Jan 1, 2022
0.03 VND
Jan 1, 2023
-0.79 VND
Jan 1, 2024
-0.04 VND
The Thaiholdings JSC Interest Coverage history
YEARInterest CoverageYoY
-0.04-94.35%
-0.79-2,850.86%
0.03-97.68%
1.24-99.62%
325.58+6,150.02%
5.21+2,555.99%
0.20—

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Thaiholdings JSC Stock analysis

What does Thaiholdings JSC do? Thaiholdings JSC generates revenue through real estate leasing of two office buildings and the wholesale trading of construction materials including brick, stones, concrete, cement, sand, and steel. The company also earns income from importing meat and poultry products for domestic sale. Its primary customers are businesses requiring construction supplies and domestic consumers purchasing meat and poultry. The company serves the real estate and construction materials sectors with a focus on wholesale distribution and property leasing. The firm's revenue streams are derived from three main segments: real estate leasing of office buildings, wholesale trading of construction materials, and import of meat and poultry products. These activities target commercial clients for construction materials and domestic consumers for food products. Thaiholdings JSC operates within the construction and real estate industries, focusing on local market distribution of goods and properties. The company's business model relies on the consistent demand for construction materials in Vietnam's growing infrastructure sector and the steady consumption of meat and poultry products in domestic markets. By leveraging its wholesale distribution network for construction materials and its import capabilities for food products, Thaiholdings JSC maintains multiple revenue channels without relying on external partnerships or sponsorships. Thaiholdings JSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Thaiholdings JSC stock

Interest Coverage Ratio of Thaiholdings JSC is -0.04 in 2024.

Interest Coverage Ratio of Thaiholdings JSC changed from -0.79 to -0.04, representing a -94.35% change. The value is higher than the previous year.

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

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Leverage — Thaiholdings JSC

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