Vietnam Technological and Commercial Joint Stock bank (STC:TCB) Debt-to-Equity : 1.40 (As of Dec. 2024)

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What is Vietnam Technological and Commercial Joint Stock bank Debt-to-Equity?

Vietnam Technological and Commercial Joint Stock bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫0 Mil. Vietnam Technological and Commercial Joint Stock bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫203,109,415 Mil. Vietnam Technological and Commercial Joint Stock bank's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₫145,419,155 Mil. Vietnam Technological and Commercial Joint Stock bank's debt to equity for the quarter that ended in Dec. 2024 was 1.40.

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 Technological and Commercial Joint Stock bank's Debt-to-Equity or its related term are showing as below:

STC:TCB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 1.19 Max: 1.59
Current: 1.4

During the past 10 years, the highest Debt-to-Equity Ratio of Vietnam Technological and Commercial Joint Stock bank was 1.59. The lowest was 0.40. And the median was 1.19.

STC:TCB's Debt-to-Equity is ranked worse than
75.98% of 1457 companies
in the Banks industry
Industry Median: 0.63 vs STC:TCB: 1.40

Vietnam Technological and Commercial Joint Stock bank Debt-to-Equity Historical Data

The historical data trend for Vietnam Technological and Commercial Joint Stock bank'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.

Vietnam Technological and Commercial Joint Stock bank Debt-to-Equity Chart

Vietnam Technological and Commercial Joint Stock bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.73

1.09

1.30

1.47

1.40

Vietnam Technological and Commercial Joint Stock bank 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															1.47	1.39	1.51	1.37	1.40

Competitive Comparison of Vietnam Technological and Commercial Joint Stock bank's Debt-to-Equity

For the Banks - Regional subindustry, Vietnam Technological and Commercial Joint Stock bank'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 Technological and Commercial Joint Stock bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vietnam Technological and Commercial Joint Stock bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vietnam Technological and Commercial Joint Stock bank's Debt-to-Equity falls into.

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Vietnam Technological and Commercial Joint Stock bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam Technological and Commercial Joint Stock bank'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
	=	(0	+	203109415)	/	145419155
	=	1.40

Vietnam Technological and Commercial Joint Stock bank'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
	=	(0	+	203109415)	/	145419155
	=	1.40

Vietnam Technological and Commercial Joint Stock bank (STC:TCB) 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 Technological and Commercial Joint Stock bank Debt-to-Equity Related Terms

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Vietnam Technological and Commercial Joint Stock bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Vietnam Technological and Commercial Joint Stock bank (STC:TCB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

191 Ba Trieu Street, Le Dai Hanh Ward, Techcombank Tower, Hai Ba Trung District, Hanoi, VNM

Website

https://www.techcombank.com.vn

Vietnam Technological and Commercial Joint Stock bank offers banking services. The company's operating segment includes Banking activities; Asset management activities; Securities trading activities; Fund management activities and Other finance activities. It generates maximum revenue from the Banking activities segment. The Banking activities segment products and services provided to customers include mobilizing deposits; providing credit; providing settlement and card services; and providing other banking services.

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