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Viet Nam Forestry Joint Stock Co (HSTC:VIF) Debt-to-EBITDA : 0.19 (As of Sep. 2024)


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What is Viet Nam Forestry Joint Stock Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viet Nam Forestry Joint Stock Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫94,685 Mil. Viet Nam Forestry Joint Stock Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫2,223 Mil. Viet Nam Forestry Joint Stock Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ₫520,183 Mil. Viet Nam Forestry Joint Stock Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.19.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA or its related term are showing as below:

HSTC:VIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.34   Max: 0.52
Current: 0.21

During the past 5 years, the highest Debt-to-EBITDA Ratio of Viet Nam Forestry Joint Stock Co was 0.52. The lowest was 0.21. And the median was 0.34.

HSTC:VIF's Debt-to-EBITDA is ranked better than
94.5% of 218 companies
in the Forest Products industry
Industry Median: 3.26 vs HSTC:VIF: 0.21

Viet Nam Forestry Joint Stock Co Debt-to-EBITDA Historical Data

The historical data trend for Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA 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.

Viet Nam Forestry Joint Stock Co Debt-to-EBITDA Chart

Viet Nam Forestry Joint Stock Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.33 0.52 0.52 0.29 0.34

Viet Nam Forestry Joint Stock Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.37 0.18 0.21 0.19

Competitive Comparison of Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA

For the Lumber & Wood Production subindustry, Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA falls into.



Viet Nam Forestry Joint Stock Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(118264.164 + 5008.237) / 365882.275
=0.34

Viet Nam Forestry Joint Stock Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(94685.288 + 2223.237) / 520183.328
=0.19

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


Viet Nam Forestry Joint Stock Co  (HSTC:VIF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Viet Nam Forestry Joint Stock Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Viet Nam Forestry Joint Stock Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Viet Nam Forestry Joint Stock Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No 127 Lo Duc Street, Floor 13 + 14 Vinafor building, Dong Mac Ward, Hai Ba Trung District, Ha Noi, VNM
Viet Nam Forestry Corp Joint Stock Co is an operator of forest that grows and processes wood. The company's types of artificial boards include particle board, MDF fibreboard, and plywood slabs. It also produces furniture form wood.

Viet Nam Forestry Joint Stock Co Headlines

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