Vietnam Electric Cable (STC:CAV) Debt-to-Equity : 1.38 (As of Mar. 2024)

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What is Vietnam Electric Cable Debt-to-Equity?

Vietnam Electric Cable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,942,455 Mil. Vietnam Electric Cable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫155,699 Mil. Vietnam Electric Cable's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫1,522,451 Mil. Vietnam Electric Cable's debt to equity for the quarter that ended in Mar. 2024 was 1.38.

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 Vietnam Electric Cable's Debt-to-Equity or its related term are showing as below:

STC:CAV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.96 Max: 1.92
Current: 1.38

During the past 13 years, the highest Debt-to-Equity Ratio of Vietnam Electric Cable was 1.92. The lowest was 0.32. And the median was 0.96.

STC:CAV's Debt-to-Equity is ranked worse than
92.2% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs STC:CAV: 1.38

Vietnam Electric Cable Debt-to-Equity Historical Data

The historical data trend for Vietnam Electric Cable'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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Vietnam Electric Cable Debt-to-Equity Chart

Vietnam Electric Cable Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.00

0.99

1.56

1.05

1.16

Vietnam Electric Cable 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															0.99	0.65	0.97	1.16	1.38

Competitive Comparison of Vietnam Electric Cable's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Vietnam Electric Cable'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 Electric Cable's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vietnam Electric Cable's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vietnam Electric Cable's Debt-to-Equity falls into.

Vietnam Electric Cable Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam Electric Cable'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
	=	(1503105.554	+	172144.959)	/	1443383.599
	=	1.16

Vietnam Electric Cable'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
	=	(1942454.912	+	155698.779)	/	1522451.055
	=	1.38

Vietnam Electric Cable (STC:CAV) 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 Electric Cable Debt-to-Equity Related Terms

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

Vietnam Electric Cable (STC:CAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vietnam Electric Cable Corp (STC:CAV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

70-72 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, VNM

Website

http://www.cadivi-vn.com

Vietnam Electric Cable Corp is a Vietnam based company engaged in the manufacturing of electric wires and cables. The company's products include building wires, low voltage power cables, medium voltage cables, control cables, bare conductors, service entrance cables, multiplex cables, coaxial cables, automotive cables, hybrid cables and others.

Vietnam Electric Cable (STC:CAV) Headlines

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