Vietnam Engine & Agricultural Machinery (HSTC:VEA) Equity-to-Asset : 0.95 (As of Sep. 2024)

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What is Vietnam Engine & Agricultural Machinery Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vietnam Engine & Agricultural Machinery's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫30,287,011 Mil. Vietnam Engine & Agricultural Machinery's Total Assets for the quarter that ended in Sep. 2024 was ₫31,743,134 Mil. Therefore, Vietnam Engine & Agricultural Machinery's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.95.

The historical rank and industry rank for Vietnam Engine & Agricultural Machinery's Equity-to-Asset or its related term are showing as below:

HSTC:VEA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75 Med: 0.94 Max: 0.96
Current: 0.95

During the past 5 years, the highest Equity to Asset Ratio of Vietnam Engine & Agricultural Machinery was 0.96. The lowest was 0.75. And the median was 0.94.

HSTC:VEA's Equity-to-Asset is ranked better than
99.06% of 213 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.49 vs HSTC:VEA: 0.95

Vietnam Engine & Agricultural Machinery Equity-to-Asset Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery's Equity-to-Asset 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 Engine & Agricultural Machinery Equity-to-Asset Chart

Vietnam Engine & Agricultural Machinery Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.80

0.92

0.94

0.91

0.94

Vietnam Engine & Agricultural Machinery Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial												0.94	0.94	0.95	0.96	0.95

Competitive Comparison of Vietnam Engine & Agricultural Machinery's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Engine & Agricultural Machinery's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's Equity-to-Asset falls into.

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Vietnam Engine & Agricultural Machinery Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vietnam Engine & Agricultural Machinery's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	25498029.158	/	27136212.928
	=	0.94

Vietnam Engine & Agricultural Machinery's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	30287011.321	/	31743133.711
	=	0.95

Vietnam Engine & Agricultural Machinery (HSTC:VEA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Vietnam Engine & Agricultural Machinery Equity-to-Asset Related Terms

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Vietnam Engine & Agricultural Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Vietnam Engine & Agricultural Machinery Corp (HSTC:VEA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM

Website

http://www.veamcorp.com

Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Its products include VEAM cars, tractors, engine, agricultural machinery, and accessories.