PVI Holdings (HSTC:PVI) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is PVI Holdings Debt-to-Equity?

PVI Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫882,825 Mil. PVI Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. PVI Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫8,096,976 Mil. PVI Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 PVI Holdings's Debt-to-Equity or its related term are showing as below:

HSTC:PVI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.11
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of PVI Holdings was 0.11. The lowest was 0.00. And the median was 0.06.

HSTC:PVI's Debt-to-Equity is ranked better than
67.01% of 391 companies
in the Insurance industry
Industry Median: 0.23 vs HSTC:PVI: 0.11

PVI Holdings Debt-to-Equity Historical Data

The historical data trend for PVI Holdings'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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PVI Holdings Debt-to-Equity Chart

PVI Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.03

PVI Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	0.08	0.10	0.10	0.11

Competitive Comparison of PVI Holdings's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, PVI Holdings'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.

PVI Holdings's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PVI Holdings's Debt-to-Equity distribution charts can be found below:

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

PVI Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PVI Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(28998	+	0)	/	7603028.703
	=	0.00

PVI Holdings'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
	=	(882824.942	+	0)	/	8096976.293
	=	0.11

PVI Holdings (HSTC:PVI) 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.

PVI Holdings Debt-to-Equity Related Terms

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PVI Holdings (HSTC:PVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PVI Holdings (HSTC:PVI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pham Van Bach Street, PVI Tower, Lot VP2, Yen Hoa Ward, Cau Giay District, Hanoi, VNM

Website

https://www.pviholdings.com.vn

PVI Holdings is a Vietnam-based investment holding company. The company's operating industry includes financial services and real estate business. Through its subsidiaries, the company is engaged in the multiline insurance business, including energy insurance, marine insurance, health and personal accident insurance, liability insurance, construction and erection insurance, property insurance, motor vehicle insurance, aviation insurance, agriculture insurance, credit insurance and goods transported insurance, among others; reinsurance business; financial services and real estate trading.