Vietnam Engine & Agricultural Machinery (HSTC:VEA) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Vietnam Engine & Agricultural Machinery Debt-to-Equity?

Vietnam Engine & Agricultural Machinery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫135,218 Mil. Vietnam Engine & Agricultural Machinery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫0 Mil. Vietnam Engine & Agricultural Machinery's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫30,287,011 Mil. Vietnam Engine & Agricultural Machinery's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 Vietnam Engine & Agricultural Machinery's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of Vietnam Engine & Agricultural Machinery was 0.04. The lowest was 0.00. And the median was 0.01.

HSTC:VEA's Debt-to-Equity is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.375
* Ranked among companies with meaningful Debt-to-Equity only.

Vietnam Engine & Agricultural Machinery Debt-to-Equity Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery'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.

Vietnam Engine & Agricultural Machinery Debt-to-Equity Chart

Vietnam Engine & Agricultural Machinery Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.04

0.01

Vietnam Engine & Agricultural Machinery Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial												0.03	0.01	0.01	0.01	-

Competitive Comparison of Vietnam Engine & Agricultural Machinery's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery'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.

Vietnam Engine & Agricultural Machinery's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's Debt-to-Equity falls into.

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Vietnam Engine & Agricultural Machinery Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam Engine & Agricultural Machinery'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
	=	(142815.137	+	0)	/	25498029.158
	=	0.01

Vietnam Engine & Agricultural Machinery's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(135218.074	+	0)	/	30287011.321
	=	0.00

Vietnam Engine & Agricultural Machinery (HSTC:VEA) 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.

Vietnam Engine & Agricultural Machinery Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vietnam Engine & Agricultural Machinery's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Vietnam Engine & Agricultural Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Vietnam Engine & Agricultural Machinery Corp (HSTC:VEA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM

Website

http://www.veamcorp.com

Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Its products include VEAM cars, tractors, engine, agricultural machinery, and accessories.