Vinacomin - Power Holding (HSTC:DTK) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is Vinacomin - Power Holding Debt-to-Equity?

Vinacomin - Power Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫3,105,057 Mil. Vinacomin - Power Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,259,703 Mil. Vinacomin - Power Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫8,361,534 Mil. Vinacomin - Power Holding's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vinacomin - Power Holding's Debt-to-Equity or its related term are showing as below:

HSTC:DTK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 0.67 Max: 1.02
Current: 0.52

During the past 3 years, the highest Debt-to-Equity Ratio of Vinacomin - Power Holding was 1.02. The lowest was 0.52. And the median was 0.67.

HSTC:DTK's Debt-to-Equity is ranked better than
66.24% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs HSTC:DTK: 0.52

Vinacomin - Power Holding Debt-to-Equity Historical Data

The historical data trend for Vinacomin - Power Holding's Debt-to-Equity 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.

Vinacomin - Power Holding Debt-to-Equity Chart

Vinacomin - Power Holding Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

1.02

0.78

0.57

Vinacomin - Power Holding Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial						0.73	0.62	0.62	0.57	0.52

Competitive Comparison of Vinacomin - Power Holding's Debt-to-Equity

For the Utilities - Renewable subindustry, Vinacomin - Power Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vinacomin - Power Holding's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vinacomin - Power Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vinacomin - Power Holding's Debt-to-Equity falls into.

Vinacomin - Power Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vinacomin - Power Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3041153.651	+	1621352.39)	/	8134646.51
	=	0.57

Vinacomin - Power Holding's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3105057.026	+	1259702.834)	/	8361534.398
	=	0.52

Vinacomin - Power Holding (HSTC:DTK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vinacomin - Power Holding Debt-to-Equity Related Terms

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Vinacomin - Power Holding (HSTC:DTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vinacomin - Power Holding Corp (HSTC:DTK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM

Website

http://www.vinacominpower.vn

Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

Vinacomin - Power Holding (HSTC:DTK) Headlines

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