Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Debt-to-Equity : 1.51 (As of Mar. 2024)

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What is Thanh Thanh Cong � Bien Hoa JSC Debt-to-Equity?

Thanh Thanh Cong � Bien Hoa JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫13,307,234 Mil. Thanh Thanh Cong � Bien Hoa JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,799,858 Mil. Thanh Thanh Cong � Bien Hoa JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫9,987,146 Mil. Thanh Thanh Cong � Bien Hoa JSC's debt to equity for the quarter that ended in Mar. 2024 was 1.51.

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 Thanh Thanh Cong � Bien Hoa JSC's Debt-to-Equity or its related term are showing as below:

STC:SBT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 1.24 Max: 1.7
Current: 1.51

During the past 13 years, the highest Debt-to-Equity Ratio of Thanh Thanh Cong � Bien Hoa JSC was 1.70. The lowest was 0.61. And the median was 1.24.

STC:SBT's Debt-to-Equity is ranked worse than
87.8% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs STC:SBT: 1.51

Thanh Thanh Cong � Bien Hoa JSC Debt-to-Equity Historical Data

The historical data trend for Thanh Thanh Cong � Bien Hoa JSC'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.

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Thanh Thanh Cong � Bien Hoa JSC Debt-to-Equity Chart

Thanh Thanh Cong � Bien Hoa JSC Annual Data

Trend

Dec13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.58

1.12

1.17

1.27

1.24

Thanh Thanh Cong � Bien Hoa JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.45	1.24	1.23	1.44	1.51

Competitive Comparison of Thanh Thanh Cong � Bien Hoa JSC's Debt-to-Equity

For the Confectioners subindustry, Thanh Thanh Cong � Bien Hoa JSC'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.

Thanh Thanh Cong � Bien Hoa JSC's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thanh Thanh Cong � Bien Hoa JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thanh Thanh Cong � Bien Hoa JSC's Debt-to-Equity falls into.

Thanh Thanh Cong � Bien Hoa JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thanh Thanh Cong � Bien Hoa JSC's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(11107312.778	+	579742.983)	/	9424729.531
	=	1.24

Thanh Thanh Cong � Bien Hoa JSC'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
	=	(13307234.209	+	1799858.098)	/	9987146.129
	=	1.51

Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) 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.

Thanh Thanh Cong � Bien Hoa JSC Debt-to-Equity Related Terms

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Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tan Hung commune, Tay Ninh Province, Tan Chau, VNM

Website

http://www.ttcsugar.com.vn

Thanh Thanh Cong - Bien Hoa JSC is a Vietnamese company engaged in the production and trading sugar and by-products. The company is also involved in producing and trading fertilizers and agricultural materials, construction of industrial park infrastructure, building supermarkets, restaurants, and hotels. It produces commercial electricity and electricity for self-use from bagasse and/or coal.