Vingroup JSC (STC:VIC) Debt-to-Equity : 1.88 (As of Dec. 2023)

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What is Vingroup JSC Debt-to-Equity?

Vingroup JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫116,235,201 Mil. Vingroup JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₫97,018,190 Mil. Vingroup JSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₫113,741,004 Mil. Vingroup JSC's debt to equity for the quarter that ended in Dec. 2023 was 1.87.

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 Vingroup JSC's Debt-to-Equity or its related term are showing as below:

STC:VIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.31 Med: 1.6 Max: 1.88
Current: 1.88

During the past 13 years, the highest Debt-to-Equity Ratio of Vingroup JSC was 1.88. The lowest was 1.31. And the median was 1.60.

STC:VIC's Debt-to-Equity is ranked worse than
80.69% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs STC:VIC: 1.88

Vingroup JSC Debt-to-Equity Historical Data

The historical data trend for Vingroup 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.

Vingroup JSC Debt-to-Equity Chart

Vingroup JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.64

1.31

1.55

1.88

Vingroup 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															1.55	1.70	1.65	1.58	1.88

Competitive Comparison of Vingroup JSC's Debt-to-Equity

For the Real Estate Services subindustry, Vingroup 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.

Vingroup JSC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vingroup JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vingroup JSC's Debt-to-Equity falls into.

Vingroup JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vingroup 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
	=	(116235201	+	97018190)	/	113741004
	=	1.87

Vingroup 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
	=	(116235201	+	97018190)	/	113741004
	=	1.87

Vingroup JSC (STC:VIC) 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.

Vingroup JSC Debt-to-Equity Related Terms

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Vingroup JSC (STC:VIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vingroup JSC (STC:VIC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM

Website

http://www.vingroup.net

Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.

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