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Saigon - Hanoi Securities JSC (HSTC:SHS) Debt-to-Equity : 0.08 (As of Mar. 2024)


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What is Saigon - Hanoi Securities JSC Debt-to-Equity?

Saigon - Hanoi Securities JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫846,000 Mil. Saigon - Hanoi Securities JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Saigon - Hanoi Securities JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫10,660,820 Mil. Saigon - Hanoi Securities JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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

HSTC:SHS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.76   Max: 1.5
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Saigon - Hanoi Securities JSC was 1.50. The lowest was 0.04. And the median was 0.76.

HSTC:SHS's Debt-to-Equity is ranked better than
74.34% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs HSTC:SHS: 0.08

Saigon - Hanoi Securities JSC Debt-to-Equity Historical Data

The historical data trend for Saigon - Hanoi Securities 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.

Saigon - Hanoi Securities JSC Debt-to-Equity Chart

Saigon - Hanoi Securities JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.59 0.64 0.11 0.09

Saigon - Hanoi Securities JSC 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 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 0.14 0.07 0.04 0.09 0.08

Competitive Comparison of Saigon - Hanoi Securities JSC's Debt-to-Equity

For the Asset Management subindustry, Saigon - Hanoi Securities 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.


Saigon - Hanoi Securities JSC's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's Debt-to-Equity distribution charts can be found below:

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



Saigon - Hanoi Securities JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saigon - Hanoi Securities JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Saigon - Hanoi Securities JSC's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Saigon - Hanoi Securities JSC  (HSTC:SHS) 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.


Saigon - Hanoi Securities JSC Debt-to-Equity Related Terms

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Saigon - Hanoi Securities JSC (HSTC:SHS) Business Description

Traded in Other Exchanges
N/A
Address
Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.

Saigon - Hanoi Securities JSC (HSTC:SHS) Headlines

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