Southeast Asia Commercial Joint Stock Bank (STC:SSB) Debt-to-Equity

: 1.21 (As of Dec. 2023)

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Southeast Asia Commercial Joint Stock Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫0 Mil. Southeast Asia Commercial Joint Stock Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫36,498,359 Mil. Southeast Asia Commercial Joint Stock Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₫30,296,839 Mil. Southeast Asia Commercial Joint Stock Bank's debt to equity for the quarter that ended in Dec. 2023 was 1.20.

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 Southeast Asia Commercial Joint Stock Bank's Debt-to-Equity or its related term are showing as below:

STC:SSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.21 Med: 1.91 Max: 2.37
Current: 1.21

During the past 6 years, the highest Debt-to-Equity Ratio of Southeast Asia Commercial Joint Stock Bank was 2.37. The lowest was 1.21. And the median was 1.91.

STC:SSB's Debt-to-Equity is ranked worse than
69.89% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs STC:SSB: 1.21

Southeast Asia Commercial Joint Stock Bank Debt-to-Equity Historical Data

The historical data trend for Southeast Asia Commercial Joint Stock Bank'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.

Southeast Asia Commercial Joint Stock Bank Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.37

1.77

2.24

1.41

1.21

Southeast Asia Commercial Joint Stock Bank Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity														1.41	1.67	1.51	1.51	1.21

Competitive Comparison

For the Banks - Regional subindustry, Southeast Asia Commercial Joint Stock Bank'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.

Southeast Asia Commercial Joint Stock Bank Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Southeast Asia Commercial Joint Stock Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Southeast Asia Commercial Joint Stock Bank's Debt-to-Equity falls into.

Southeast Asia Commercial Joint Stock Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southeast Asia Commercial Joint Stock Bank'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	+	36498359)	/	30296839
	=	1.20

Southeast Asia Commercial Joint Stock Bank's Debt to Equity Ratio for the quarter 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	+	36498359)	/	30296839
	=	1.20

Southeast Asia Commercial Joint Stock Bank (STC:SSB) 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.

Southeast Asia Commercial Joint Stock Bank Debt-to-Equity Related Terms

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Southeast Asia Commercial Joint Stock Bank (STC:SSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southeast Asia Commercial Joint Stock Bank (STC:SSB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Tran Hung Dao, Hoan Kiem District, Hanoi, VNM

Website

https://www.seabank.com.vn

Southeast Asia Commercial Joint Stock Bank is a commercial bank in Vietnam. The bank provides deposit facility, loans, credit and debit cards, saving services, money transfer, electronic banking, and other related services.