Kinh Bac City Development Holding (STC:KBC) Debt-to-Equity : 0.32 (As of Sep. 2024)

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What is Kinh Bac City Development Holding Debt-to-Equity?

Kinh Bac City Development Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫391,872 Mil. Kinh Bac City Development Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫5,538,813 Mil. Kinh Bac City Development Holding's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫18,527,528 Mil. Kinh Bac City Development Holding's debt to equity for the quarter that ended in Sep. 2024 was 0.32.

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 Kinh Bac City Development Holding's Debt-to-Equity or its related term are showing as below:

STC:KBC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.31 Max: 0.75
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Kinh Bac City Development Holding was 0.75. The lowest was 0.20. And the median was 0.31.

STC:KBC's Debt-to-Equity is ranked better than
71.44% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs STC:KBC: 0.32

Kinh Bac City Development Holding Debt-to-Equity Historical Data

The historical data trend for Kinh Bac City Development Holding'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.

Kinh Bac City Development Holding Debt-to-Equity Chart

Kinh Bac City Development Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.20

0.59

0.50

0.48

0.20

Kinh Bac City Development Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															0.21	0.20	0.22	0.27	0.32

Competitive Comparison of Kinh Bac City Development Holding's Debt-to-Equity

For the Real Estate Services subindustry, Kinh Bac City Development Holding'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.

Kinh Bac City Development Holding's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kinh Bac City Development Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kinh Bac City Development Holding's Debt-to-Equity falls into.

Kinh Bac City Development Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kinh Bac City Development Holding'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
	=	(337323.251	+	3322049.864)	/	18175964.597
	=	0.20

Kinh Bac City Development Holding'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
	=	(391871.716	+	5538813.2)	/	18527527.652
	=	0.32

Kinh Bac City Development Holding (STC:KBC) 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.

Kinh Bac City Development Holding Debt-to-Equity Related Terms

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Kinh Bac City Development Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kinh Bac City Development Holding Corp (STC:KBC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot B7, Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Hanoi, VNM

Website

https://www.kinhbaccity.vn

Kinh Bac City Development Holding Corp is a real estate company. It is engaged in the investment, construction, development, and management of infrastructure projects such as industrial parks, offices, trade centers, hotels, and finance and other projects. The company generates revenue in the form of land lease, leasing and sales of premises, warehousing, clean water supply, electricity, wastewater treatment, non-service, and transferring real estate. The company operates only in Vietnam.

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