Development Investment Construction JSC (STC:DIG) Debt-to-Equity : 0.56 (As of Mar. 2024)

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What is Development Investment Construction JSC Debt-to-Equity?

Development Investment Construction JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,931,978 Mil. Development Investment Construction JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫2,306,652 Mil. Development Investment Construction JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫7,532,554 Mil. Development Investment Construction JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.56.

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 Development Investment Construction JSC's Debt-to-Equity or its related term are showing as below:

STC:DIG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 0.58 Max: 0.73
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of Development Investment Construction JSC was 0.73. The lowest was 0.31. And the median was 0.58.

STC:DIG's Debt-to-Equity is ranked worse than
57.73% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs STC:DIG: 0.56

Development Investment Construction JSC Debt-to-Equity Historical Data

The historical data trend for Development Investment Construction 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.

Development Investment Construction JSC Debt-to-Equity Chart

Development Investment Construction JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.66

0.51

0.41

Development Investment Construction 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															0.36	0.36	0.37	0.41	0.56

Competitive Comparison of Development Investment Construction JSC's Debt-to-Equity

For the Infrastructure Operations subindustry, Development Investment Construction 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.

Development Investment Construction JSC's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Development Investment Construction JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Development Investment Construction JSC's Debt-to-Equity falls into.

Development Investment Construction JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Development Investment Construction JSC'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
	=	(2150271.177	+	961364.39)	/	7649752.815
	=	0.41

Development Investment Construction JSC'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
	=	(1931978.288	+	2306651.836)	/	7532553.994
	=	0.56

Development Investment Construction JSC (STC:DIG) 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.

Development Investment Construction JSC Debt-to-Equity Related Terms

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

Development Investment Construction JSC (STC:DIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Development Investment Construction JSC (STC:DIG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Le Hong Phong, Ward 8, Vung Tau, VNM

Website

http://www.dic.vn

Development Investment Construction JSC is involved in the construction of industrial, civil, and technical projects, as well as infrastructures, industrial zones, transport and irrigation works. In addition, the company manufactures and trades in construction materials and construction related item.

Development Investment Construction JSC (STC:DIG) Headlines

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