Saigon VRG Investment (STC:SIP) Debt-to-Equity : 0.54 (As of Mar. 2024)

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What is Saigon VRG Investment Debt-to-Equity?

Saigon VRG Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,957,261 Mil. Saigon VRG Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫89,474 Mil. Saigon VRG Investment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫3,812,806 Mil. Saigon VRG Investment's debt to equity for the quarter that ended in Mar. 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 Saigon VRG Investment's Debt-to-Equity or its related term are showing as below:

STC:SIP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.27 Max: 0.54
Current: 0.54

During the past 6 years, the highest Debt-to-Equity Ratio of Saigon VRG Investment was 0.54. The lowest was 0.15. And the median was 0.27.

STC:SIP's Debt-to-Equity is ranked better than
59.75% of 1580 companies
in the Real Estate industry
Industry Median: 0.75 vs STC:SIP: 0.54

Saigon VRG Investment Debt-to-Equity Historical Data

The historical data trend for Saigon VRG Investment'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.

Saigon VRG Investment Debt-to-Equity Chart

Saigon VRG Investment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.20

0.15

0.21

0.47

Saigon VRG Investment Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.21	0.29	0.41	0.47	0.54

Competitive Comparison of Saigon VRG Investment's Debt-to-Equity

For the Real Estate - Development subindustry, Saigon VRG Investment'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.

Saigon VRG Investment's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Saigon VRG Investment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Saigon VRG Investment's Debt-to-Equity falls into.

Saigon VRG Investment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saigon VRG Investment'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
	=	(1595155.697	+	90688.251)	/	3566796.682
	=	0.47

Saigon VRG Investment's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1957261.064	+	89473.684)	/	3812806.415
	=	0.54

Saigon VRG Investment (STC:SIP) 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.

Saigon VRG Investment Debt-to-Equity Related Terms

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

Saigon VRG Investment (STC:SIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Saigon VRG Investment Corp (STC:SIP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 Nguyen Van Troi, Ward 8, CentrePoint Building, Phu Nhuan District, Ho Chi Minh, VNM

Website

https://www.saigonvrg.com.vn

Saigon VRG Investment Corp specializes in the development and construction of industrial parks, residential areas, and commercial centers, providing high-standard amenities, modern production, and a living environment.

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