Vietnam National Petroleum Group (STC:PLX) Debt-to-Equity : 0.69 (As of Dec. 2024)

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What is Vietnam National Petroleum Group Debt-to-Equity?

Vietnam National Petroleum Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫17,384,522 Mil. Vietnam National Petroleum Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫487,102 Mil. Vietnam National Petroleum Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₫26,022,863 Mil. Vietnam National Petroleum Group's debt to equity for the quarter that ended in Dec. 2024 was 0.69.

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 Vietnam National Petroleum Group's Debt-to-Equity or its related term are showing as below:

STC:PLX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.69 Max: 0.79
Current: 0.69

During the past 9 years, the highest Debt-to-Equity Ratio of Vietnam National Petroleum Group was 0.79. The lowest was 0.50. And the median was 0.69.

STC:PLX's Debt-to-Equity is ranked worse than
62.45% of 823 companies
in the Oil & Gas industry
Industry Median: 0.45 vs STC:PLX: 0.69

Vietnam National Petroleum Group Debt-to-Equity Historical Data

The historical data trend for Vietnam National Petroleum Group'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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Vietnam National Petroleum Group Debt-to-Equity Chart

Vietnam National Petroleum Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.76

0.61

0.59

0.76

0.69

Vietnam National Petroleum Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.62	0.70	0.54	0.69

Competitive Comparison of Vietnam National Petroleum Group's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Vietnam National Petroleum Group'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.

Vietnam National Petroleum Group's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vietnam National Petroleum Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vietnam National Petroleum Group's Debt-to-Equity falls into.

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Vietnam National Petroleum Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam National Petroleum Group'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
	=	(17384522.205	+	487101.948)	/	26022862.678
	=	0.69

Vietnam National Petroleum Group'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
	=	(17384522.205	+	487101.948)	/	26022862.678
	=	0.69

Vietnam National Petroleum Group (STC:PLX) 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.

Vietnam National Petroleum Group Debt-to-Equity Related Terms

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Vietnam National Petroleum Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vietnam National Petroleum Group (STC:PLX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Kham Thien, Kham Thien Ward, Dong Da District, Hanoi, VNM

Website

http://www.petrolimex.com.vn

Vietnam National Petroleum Group is engaged in import, export, and deal in petroleum, refining, and petrochemical products. The firm also invests in fields like engineering, mechanical and oil equipment, insurance, banking, and other commercial activities.