Vinda International Holdings (Vinda International Holdings) Debt-to-Equity : 0.38 (As of Dec. 2023)

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What is Vinda International Holdings Debt-to-Equity?

Vinda International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $60 Mil. Vinda International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $502 Mil. Vinda International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,476 Mil. Vinda International Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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 Vinda International Holdings's Debt-to-Equity or its related term are showing as below:

VDAHY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.53 Max: 0.96
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Vinda International Holdings was 0.96. The lowest was 0.34. And the median was 0.53.

VDAHY's Debt-to-Equity is ranked better than
52.22% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs VDAHY: 0.38

Vinda International Holdings Debt-to-Equity Historical Data

The historical data trend for Vinda International Holdings'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.

Vinda International Holdings Debt-to-Equity Chart

Vinda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.46

0.42

0.38

0.34

0.38

Vinda International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.38	0.32	0.34	0.51	0.38

Competitive Comparison of Vinda International Holdings's Debt-to-Equity

For the Household & Personal Products subindustry, Vinda International Holdings'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.

Vinda International Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinda International Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vinda International Holdings's Debt-to-Equity falls into.

Vinda International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vinda International Holdings'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
	=	(59.668	+	502.33)	/	1476.484
	=	0.38

Vinda International Holdings's Debt to Equity Ratio for the quarter 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
	=	(59.668	+	502.33)	/	1476.484
	=	0.38

Vinda International Holdings (OTCPK:VDAHY) 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.

Vinda International Holdings Debt-to-Equity Related Terms

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Vinda International Holdings (Vinda International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vinda International Holdings Ltd (OTCPK:VDAHY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VDAHF:USA 03331:Hong Kong 31V:Germany

Address

98 Granville Road, Penthouse, East Ocean Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.vinda.com

Vinda International Holdings Ltd is an investment holding company. Along with its subsidiaries, the company manufactures and sells a range of tissue paper and personal care products in the market. Its reportable segments are Household paper products which account for the majority of its revenue, and Personal care products. The group has a business presence in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and other countries, of which key revenue is derived from Mainland China.

Vinda International Holdings (Vinda International Holdings) Headlines

From GuruFocus

Mr. Li Chaoyang, Chairman of Vinda International Holdings Named Asian CEO of the Year by Fastmarkets RISI

By PRNewswire PRNewswire • 08-26-2020