Vietnam Sun (STC:VNS) Debt-to-Equity : 0.22 (As of Mar. 2024)

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What is Vietnam Sun Debt-to-Equity?

Vietnam Sun's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫96,662 Mil. Vietnam Sun's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫168,761 Mil. Vietnam Sun's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫1,189,178 Mil. Vietnam Sun's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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 Sun's Debt-to-Equity or its related term are showing as below:

STC:VNS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.35 Max: 0.76
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Vietnam Sun was 0.76. The lowest was 0.04. And the median was 0.35.

STC:VNS's Debt-to-Equity is ranked better than
76.16% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs STC:VNS: 0.22

Vietnam Sun Debt-to-Equity Historical Data

The historical data trend for Vietnam Sun'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 Sun Debt-to-Equity Chart

Vietnam Sun Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.23

0.16

0.18

0.25

Vietnam Sun 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															0.18	0.23	0.26	0.25	0.22

Competitive Comparison of Vietnam Sun's Debt-to-Equity

For the Railroads subindustry, Vietnam Sun'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 Sun's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vietnam Sun's Debt-to-Equity distribution charts can be found below:

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

Vietnam Sun Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam Sun'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
	=	(96661.72	+	192926.222)	/	1167316.095
	=	0.25

Vietnam Sun'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
	=	(96661.72	+	168760.792)	/	1189177.908
	=	0.22

Vietnam Sun (STC:VNS) 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 Sun Debt-to-Equity Related Terms

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

Vietnam Sun (STC:VNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vietnam Sun Corp (STC:VNS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 648, Nguyen Trai Street, Ward 11, District 5, Ho Chi Minh, VNM

Website

http://www.vinasuncorp.com

Vietnam Sun Corp is a provider of passenger transportation services. The company offers travel services through the operations such as Vinasun taxi and Vinasun app. In addition, it is also engaged in tourism industry specializing in organizing overseas tours, conference tourism, ecotourism, cultural tourism, market research, and tourism for children. The company is involved in the provision of hotel and restaurant services as supporting activities to tourism operation.

Vietnam Sun (STC:VNS) Headlines

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