Binh Duong Trade and Development JSC (STC:TDC) Debt-to-Equity : 2.07 (As of Dec. 2023)

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What is Binh Duong Trade and Development JSC Debt-to-Equity?

Binh Duong Trade and Development JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫889,800 Mil. Binh Duong Trade and Development JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫689,686 Mil. Binh Duong Trade and Development JSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₫764,946 Mil. Binh Duong Trade and Development JSC's debt to equity for the quarter that ended in Dec. 2023 was 2.06.

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 Binh Duong Trade and Development JSC's Debt-to-Equity or its related term are showing as below:

STC:TDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 1.55 Max: 2.07
Current: 2.07

During the past 13 years, the highest Debt-to-Equity Ratio of Binh Duong Trade and Development JSC was 2.07. The lowest was 0.99. And the median was 1.55.

STC:TDC's Debt-to-Equity is ranked worse than
96.33% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs STC:TDC: 2.07

Binh Duong Trade and Development JSC Debt-to-Equity Historical Data

The historical data trend for Binh Duong Trade and Development 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.

* Premium members only.

Binh Duong Trade and Development JSC Debt-to-Equity Chart

Binh Duong Trade and Development JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.20

1.26

1.36

1.45

2.07

Binh Duong Trade and Development JSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.45	1.51	2.10	2.12	2.07

Competitive Comparison of Binh Duong Trade and Development JSC's Debt-to-Equity

For the Building Materials subindustry, Binh Duong Trade and Development 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.

Binh Duong Trade and Development JSC's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Binh Duong Trade and Development JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Binh Duong Trade and Development JSC's Debt-to-Equity falls into.

Binh Duong Trade and Development JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Binh Duong Trade and Development JSC'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
	=	(889800.078	+	689685.706)	/	764945.875
	=	2.06

Binh Duong Trade and Development JSC'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
	=	(889800.078	+	689685.706)	/	764945.875
	=	2.06

Binh Duong Trade and Development JSC (STC:TDC) 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.

Binh Duong Trade and Development JSC Debt-to-Equity Related Terms

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Binh Duong Trade and Development JSC (STC:TDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Binh Duong Trade and Development JSC (STC:TDC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 26-27, Dong Khoi Street, Plot I, Hoa Phu Ward, Binh Duong, Thu Dau Mot, VNM

Website

http://www.becamextdc.com.vn

Binh Duong Trade and Development JSC is a Vietnam based company engaged in the business lines of Trading real estate business, Construction, Production of materials and Material business. The real estate projects of the company include luxury apartment, the ground, villas, shop house, social security housing projects and others.