Pomina Steel (HSTC:POM) Debt-to-Equity : 5.38 (As of Mar. 2024)

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What is Pomina Steel Debt-to-Equity?

Pomina Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫5,412,146 Mil. Pomina Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫845,969 Mil. Pomina Steel's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫1,163,823 Mil. Pomina Steel's debt to equity for the quarter that ended in Mar. 2024 was 5.38.

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 Pomina Steel's Debt-to-Equity or its related term are showing as below:

HSTC:POM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94 Med: 1.97 Max: 5.38
Current: 5.38

During the past 13 years, the highest Debt-to-Equity Ratio of Pomina Steel was 5.38. The lowest was 0.94. And the median was 1.97.

HSTC:POM's Debt-to-Equity is ranked worse than
98.21% of 558 companies
in the Steel industry
Industry Median: 0.43 vs HSTC:POM: 5.38

Pomina Steel Debt-to-Equity Historical Data

The historical data trend for Pomina Steel'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.

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Pomina Steel Debt-to-Equity Chart

Pomina Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.08

1.97

2.34

2.39

4.07

Pomina Steel 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															2.56	3.03	3.20	4.07	5.38

Competitive Comparison of Pomina Steel's Debt-to-Equity

For the Steel subindustry, Pomina Steel'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.

Pomina Steel's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pomina Steel's Debt-to-Equity distribution charts can be found below:

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

Pomina Steel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pomina Steel'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
	=	(5632099.517	+	845968.788)	/	1589927.209
	=	4.07

Pomina Steel'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
	=	(5412146.248	+	845968.788)	/	1163822.947
	=	5.38

Pomina Steel (HSTC:POM) 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.

Pomina Steel Debt-to-Equity Related Terms

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Pomina Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pomina Steel Corp (HSTC:POM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Street 27, Song Than 2 Industrial Part, Di An Ward, Di An Town, Binh Duong Province, Ho Chi Minh, VNM

Website

http://www.pomina-steel.com

Pomina Steel Corp is engaged in the production and distribution of steel products in Vietnam. It provides products such as rolled steel, deformed bars, wire rod, plain bars and other products made from steel.