Gelex Electricity JSC (STC:GEE) Debt-to-Equity : 0.54 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Gelex Electricity JSC Debt-to-Equity?

Gelex Electricity JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫2,971,093 Mil. Gelex Electricity JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫453,425 Mil. Gelex Electricity JSC's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₫6,397,423 Mil. Gelex Electricity JSC's debt to equity for the quarter that ended in Dec. 2024 was 0.54.

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

STC:GEE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 1.49 Max: 2.55
Current: 0.54

During the past 4 years, the highest Debt-to-Equity Ratio of Gelex Electricity JSC was 2.55. The lowest was 0.54. And the median was 1.49.

STC:GEE's Debt-to-Equity is ranked worse than
69.06% of 2592 companies
in the Industrial Products industry
Industry Median: 0.29 vs STC:GEE: 0.54

Gelex Electricity JSC Debt-to-Equity Historical Data

The historical data trend for Gelex Electricity 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.

Gelex Electricity JSC Debt-to-Equity Chart

Gelex Electricity JSC Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

2.55

1.81

1.17

0.54

Gelex Electricity JSC Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial					1.17	1.15	0.85	0.75	0.54

Competitive Comparison of Gelex Electricity JSC's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Gelex Electricity 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.

Gelex Electricity JSC's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Electricity JSC's Debt-to-Equity distribution charts can be found below:

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

Gelex Electricity JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gelex Electricity JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(2971092.932	+	453424.828)	/	6397423.354
	=	0.54

Gelex Electricity JSC's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(2971092.932	+	453424.828)	/	6397423.354
	=	0.54

Gelex Electricity JSC (STC:GEE) 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.

Gelex Electricity JSC Debt-to-Equity Related Terms

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

Gelex Electricity JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gelex Electricity JSC (STC:GEE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM

Website

https://www.gelex-electric.com

Gelex Electricity JSC is a company engaged in Manufacturing and trading of electrical equipment. It directly owns 5 production and business subsidiaries in the field of electrical equipment including: Vietnam Electric Cable Joint Stock Company, Electrical Equipment Joint Stock Company, Hanoi Electromechanical Manufacturing Joint Stock Company and EMIC Electrical Measurement Equipment Joint Stock Company, Copper Wire Company Vietnam CFT.

Gelex Electricity JSC Headlines

No Headlines