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EVN Finance JSC (STC:EVF) Debt-to-Equity : 3.68 (As of Mar. 2024)


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What is EVN Finance JSC Debt-to-Equity?

EVN Finance JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. EVN Finance JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫31,580,359 Mil. EVN Finance JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫8,573,623 Mil. EVN Finance JSC's debt to equity for the quarter that ended in Mar. 2024 was 3.68.

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 EVN Finance JSC's Debt-to-Equity or its related term are showing as below:

STC:EVF' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.64   Med: 5.56   Max: 6.77
Current: 3.68

During the past 4 years, the highest Debt-to-Equity Ratio of EVN Finance JSC was 6.77. The lowest was 3.64. And the median was 5.56.

STC:EVF's Debt-to-Equity is ranked worse than
96.11% of 283 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs STC:EVF: 3.68

EVN Finance JSC Debt-to-Equity Historical Data

The historical data trend for EVN Finance 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.

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EVN Finance JSC Debt-to-Equity Chart

EVN Finance JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
3.64 5.23 5.53 3.76

EVN Finance JSC Quarterly Data
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 5.56 6.41 6.77 3.76 3.68

Competitive Comparison of EVN Finance JSC's Debt-to-Equity

For the Financial Conglomerates subindustry, EVN Finance 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.


EVN Finance JSC's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, EVN Finance JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EVN Finance JSC's Debt-to-Equity falls into.



EVN Finance JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EVN Finance JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

EVN Finance 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.


EVN Finance JSC  (STC:EVF) 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.


EVN Finance JSC Debt-to-Equity Related Terms

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


EVN Finance JSC (STC:EVF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
14-15-16th Floor, Block B, EVN Building, 11 Cua Bac, Truc Bach Ward, Ba Dinh District, Hanoi, VNM
EVN Finance JSC is engaged in the provision of financial services.