Vietnam National Petroleum Group (STC:PLX) Debt-to-Equity: 0.43 (As of Mar. 2026) — 39% Below Median


STC:PLX Vietnam National Petroleum Group STC:PLX
92 GF Score
Price ₫34,900.00
GF Value ₫42,425.71
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

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

Vietnam National Petroleum Group STC:PLX -0.57% 92 Debt-to-Equity is 0.43 as of Mar. 2026, which is 39% below its 10-year median of 0.70. GuruFocus rates STC:PLX with a GF Score™ of 92/100 and a GF Value™ of ₫42,425.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 797 Oil & Gas companies, Vietnam National Petroleum Group ranks better than 53.2% on this metric.

Vietnam National Petroleum Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫10,352,301 Mil. Vietnam National Petroleum Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫652,776 Mil. Vietnam National Petroleum Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₫25,403,166 Mil. Vietnam National Petroleum Group's debt to equity for the quarter that ended in Mar. 2026 was 0.43.

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: 0.43   Med: 0.7   Max: 0.98
Current: 0.43

During the past 10 years, the highest Debt-to-Equity Ratio of Vietnam National Petroleum Group was 0.98. The lowest was 0.43. And the median was 0.70.

STC:PLX's Debt-to-Equity is ranked better than
53.2% of 797 companies
in the Oil & Gas industry
Industry Median: 0.46 vs STC:PLX: 0.43

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


Vietnam National Petroleum Group Debt-to-Equity Historical Data

* Premium members only.

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.

Vietnam National Petroleum Group Debt-to-Equity Chart

Vietnam National Petroleum Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.59 0.76 0.69 0.71

Vietnam National Petroleum Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.79 0.85 0.98 0.71 0.43

STC:PLX vs VLO, MPC, PSX: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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.


STC:PLX
92GF Score
Vietnam National Petroleum Group STC:PLX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 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
=(18085030.169 + 609034.269) / 26206513.502
=0.71

Vietnam National Petroleum Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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
=(10352300.555 + 652775.808) / 25403166.062
=0.43

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.43 mean?
Vietnam National Petroleum Group (STC:PLX) has a Debt-to-Equity of 0.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vietnam National Petroleum Group and its competitors. This is 39% below median its historical median of 0.70. Over the past decade, Vietnam National Petroleum Group's Debt-to-Equity has ranged from 0.43 to 0.98. According to the industry distribution chart, Vietnam National Petroleum Group ranks #373 out of 797 companies in the Oil & Gas industry, placing it in the top 46.8%.
Is Vietnam National Petroleum Group's Debt-to-Equity too high?
Vietnam National Petroleum Group's current Debt-to-Equity of 0.43 is 39% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.98. The Oil & Gas industry median Debt-to-Equity is 0.46. Vietnam National Petroleum Group's value of 0.43 is 6.5% below this industry median. Based on the distribution chart, Vietnam National Petroleum Group ranks #373 out of 797 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Vietnam National Petroleum Group has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam National Petroleum Group's Debt-to-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Vietnam National Petroleum Group ranks #373 out of 797 companies for Debt-to-Equity. This puts Vietnam National Petroleum Group in the upper half of its industry. The industry median Debt-to-Equity is 0.46. Vietnam National Petroleum Group's value of 0.43 is 6.5% below this benchmark. Historically, Vietnam National Petroleum Group's own Debt-to-Equity has ranged from 0.43 to 0.98 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.46, Vietnam National Petroleum Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 797 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam National Petroleum Group's current Debt-to-Equity of 0.43 is 6.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vietnam National Petroleum Group and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam National Petroleum Group's current Debt-to-Equity is 0.43, which is 39% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam National Petroleum Group stock overvalued right now?
Based on GuruFocus' analysis, Vietnam National Petroleum Group (STC:PLX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫42,425.71, compared to a current price of ₫34,900.00 — trading 17.7% below its estimated fair value. The current Debt-to-Equity is 0.43, which is 39% below median its 10-year median of 0.70 and 6.5% below the Oil & Gas industry median of 0.46. Vietnam National Petroleum Group's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Vietnam National Petroleum Group (STC:PLX), the current Debt-to-Equity is 0.43 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vietnam National Petroleum Group (STC:PLX) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam National Petroleum Group stock appears to be undervalued. The current stock price of ₫34,900.00 is trading 17.7% below its estimated GF Value™ of ₫42,425.71. GuruFocus considers Vietnam National Petroleum Group to be Modestly Undervalued.

Key valuation signals for STC:PLX:

  • Debt-to-Equity: 0.43 (39% below median its 10-year median of 0.70)
  • GF Value™: ₫42,425.71 vs. price of ₫34,900.00 (17.7% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 6.5% below the Oil & Gas median (#373 of 797)

No single metric tells the full story. See the STC:PLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vietnam National Petroleum Group Business Description

Industry EnergyOil & Gas
Address No. 1, Kham Thien, Kham Thien Ward, Dong Da District, Hanoi, VNM
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.
92GF Score

Get the complete analysis for STC:PLX

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫34,900.00
Price
₫42,425.71
GF Value