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Vicem Ha Tien Cement JSC (STC:HT1) Equity-to-Asset : 0.59 (As of Sep. 2024)


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What is Vicem Ha Tien Cement JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vicem Ha Tien Cement JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫4,849,121 Mil. Vicem Ha Tien Cement JSC's Total Assets for the quarter that ended in Sep. 2024 was ₫8,245,998 Mil. Therefore, Vicem Ha Tien Cement JSC's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.59.

The historical rank and industry rank for Vicem Ha Tien Cement JSC's Equity-to-Asset or its related term are showing as below:

STC:HT1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.53   Max: 0.6
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Vicem Ha Tien Cement JSC was 0.60. The lowest was 0.29. And the median was 0.53.

STC:HT1's Equity-to-Asset is ranked better than
58.1% of 401 companies
in the Building Materials industry
Industry Median: 0.55 vs STC:HT1: 0.59

Vicem Ha Tien Cement JSC Equity-to-Asset Historical Data

The historical data trend for Vicem Ha Tien Cement JSC'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.

Vicem Ha Tien Cement JSC Equity-to-Asset Chart

Vicem Ha Tien Cement JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.54 0.59 0.54 0.56

Vicem Ha Tien Cement JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 0.58 0.58 0.59

Competitive Comparison of Vicem Ha Tien Cement JSC's Equity-to-Asset

For the Building Materials subindustry, Vicem Ha Tien Cement JSC'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.


Vicem Ha Tien Cement JSC's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vicem Ha Tien Cement JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vicem Ha Tien Cement JSC's Equity-to-Asset falls into.



Vicem Ha Tien Cement JSC 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.

Vicem Ha Tien Cement JSC'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
=4823370.863/8623749.977
=0.56

Vicem Ha Tien Cement JSC'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
=4849121.36/8245998.458
=0.59

* 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.


Vicem Ha Tien Cement JSC  (STC:HT1) 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%.


Vicem Ha Tien Cement JSC Equity-to-Asset Related Terms

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Vicem Ha Tien Cement JSC Business Description

Traded in Other Exchanges
N/A
Address
No 360 Ben Chuong Duong, Cau Kho Ward, District 1, Ho Chi Minh City, VNM
Vicem Ha Tien Cement JSC is engaged in the manufacture and trade of cement, cement products, and other construction materials. Its products include Mortar, Brick Block, and Self-inserting bricks.

Vicem Ha Tien Cement JSC Headlines

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