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PJICO Insurance (STC:PGI) Debt-to-Equity : 0.15 (As of Jun. 2024)


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What is PJICO Insurance Debt-to-Equity?

PJICO Insurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₫270,326 Mil. PJICO Insurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₫0 Mil. PJICO Insurance's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₫1,832,385 Mil. PJICO Insurance's debt to equity for the quarter that ended in Jun. 2024 was 0.15.

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 PJICO Insurance's Debt-to-Equity or its related term are showing as below:

STC:PGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.16   Max: 0.25
Current: 0.15

During the past 6 years, the highest Debt-to-Equity Ratio of PJICO Insurance was 0.25. The lowest was 0.01. And the median was 0.16.

STC:PGI's Debt-to-Equity is ranked better than
58.21% of 390 companies
in the Insurance industry
Industry Median: 0.2 vs STC:PGI: 0.15

PJICO Insurance Debt-to-Equity Historical Data

The historical data trend for PJICO Insurance'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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PJICO Insurance Debt-to-Equity Chart

PJICO Insurance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - - - - 0.19

PJICO Insurance Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.15 0.19 0.18 0.15

Competitive Comparison of PJICO Insurance's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, PJICO Insurance'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.


PJICO Insurance's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PJICO Insurance's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PJICO Insurance's Debt-to-Equity falls into.



PJICO Insurance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PJICO Insurance's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PJICO Insurance's Debt to Equity Ratio for the quarter that ended in Jun. 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.


PJICO Insurance  (STC:PGI) 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.


PJICO Insurance Debt-to-Equity Related Terms

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


PJICO Insurance Business Description

Traded in Other Exchanges
N/A
Address
21st Floor MIPEC Tower, 229 Tay Son Street, Dong Da Di, Ha Noi, VNM
PJICO Insurance Corp is an insurance company. The company is engaged in providing various non-life insurance products which include automobile insurance covering third-party liability, passenger accidents, and automobile damage.