Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Debt-to-Equity : 0.22 (As of Mar. 2024)

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What is Joint Stock Commercial Bank for Foreign Trade of Vietnam Debt-to-Equity?

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Joint Stock Commercial Bank for Foreign Trade of Vietnam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫38,046,071 Mil. Joint Stock Commercial Bank for Foreign Trade of Vietnam's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫173,513,570 Mil. Joint Stock Commercial Bank for Foreign Trade of Vietnam's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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 Joint Stock Commercial Bank for Foreign Trade of Vietnam's Debt-to-Equity or its related term are showing as below:

STC:VCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.27 Max: 0.62
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Joint Stock Commercial Bank for Foreign Trade of Vietnam was 0.62. The lowest was 0.13. And the median was 0.27.

STC:VCB's Debt-to-Equity is ranked better than
80.37% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs STC:VCB: 0.22

Joint Stock Commercial Bank for Foreign Trade of Vietnam Debt-to-Equity Historical Data

The historical data trend for Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Debt-to-Equity Chart

Joint Stock Commercial Bank for Foreign Trade of Vietnam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.30

0.25

0.21

0.26

0.24

Joint Stock Commercial Bank for Foreign Trade of Vietnam 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															0.32	0.14	0.13	0.24	0.22

Competitive Comparison of Joint Stock Commercial Bank for Foreign Trade of Vietnam's Debt-to-Equity

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Foreign Trade of Vietnam's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Foreign Trade of Vietnam's Debt-to-Equity falls into.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Joint Stock Commercial Bank for Foreign Trade of Vietnam'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
	=	(0	+	39788750)	/	164918676
	=	0.24

Joint Stock Commercial Bank for Foreign Trade of Vietnam'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
	=	(0	+	38046071)	/	173513570
	=	0.22

Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) 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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Debt-to-Equity Related Terms

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Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 198 Tran Quang Khai Street, Hoan Kiem District, Ha Noi, VNM

Website

http://www.vietcombank.com.vn

Joint Stock Commercial Bank for Foreign Trade of Vietnam is engaged in the provision of banking products and services. The company's operating segment includes Banking financial services; Non-banking financial services; Securities and Others. It generates maximum revenue from the Banking financial services segment. Its geographical segment includes the North; the Middle and Central Highland; the South and Overseas of which the North segment derives a majority of revenue to the company. The company services include Personal loans, Electronic banking, Savings and Investment, Card, Payment and currency management, Commercial finance, Foreign exchange and capital markets, factoring and others.

Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Headlines

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