Viet Dragon Securities (STC:VDS) Debt-to-Equity : 1.18 (As of Mar. 2024)

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What is Viet Dragon Securities Debt-to-Equity?

Viet Dragon Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫2,921,100 Mil. Viet Dragon Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫45,400 Mil. Viet Dragon Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫2,516,729 Mil. Viet Dragon Securities's debt to equity for the quarter that ended in Mar. 2024 was 1.18.

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 Viet Dragon Securities's Debt-to-Equity or its related term are showing as below:

STC:VDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.12 Max: 2.13
Current: 1.18

During the past 6 years, the highest Debt-to-Equity Ratio of Viet Dragon Securities was 2.13. The lowest was 0.72. And the median was 1.12.

STC:VDS's Debt-to-Equity is ranked worse than
77.63% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs STC:VDS: 1.18

Viet Dragon Securities Debt-to-Equity Historical Data

The historical data trend for Viet Dragon Securities'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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Viet Dragon Securities Debt-to-Equity Chart

Viet Dragon Securities Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.00

1.10

1.37

1.02

1.16

Viet Dragon Securities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.85	0.95	1.17	1.16	1.18

Competitive Comparison of Viet Dragon Securities's Debt-to-Equity

For the Capital Markets subindustry, Viet Dragon Securities'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.

Viet Dragon Securities's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Viet Dragon Securities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Viet Dragon Securities's Debt-to-Equity falls into.

Viet Dragon Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Viet Dragon Securities'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
	=	(2720600	+	45400)	/	2378215.483
	=	1.16

Viet Dragon Securities'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
	=	(2921100	+	45400)	/	2516729.338
	=	1.18

Viet Dragon Securities (STC:VDS) 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.

Viet Dragon Securities Debt-to-Equity Related Terms

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

Viet Dragon Securities (STC:VDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Viet Dragon Securities Corp (STC:VDS) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

141 Nguyen Du, 1-2-3-4 Floor, Viet Dragon Building, Ward Ben Thanh, District 1, Ho Chi Minh City, VNM

Website

http://www.vdsc.com.vn

Viet Dragon Securities Corp is a Vietnam based company engaged in the financial and securities business. It offers a complete range of financial and securities products and services to personal customers and organization. The firm offers brokerage and investment advisory services, securities service, analysis service, financial service, brokerage service, derivative securities service and investment banking service.

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