Vinacomin - Power Holding (HSTC:DTK) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Vinacomin - Power Holding LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Vinacomin - Power Holding's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Vinacomin - Power Holding's long-term debt to total assets ratio declined from Mar. 2023 (0.14) to Mar. 2024 (0.08). It may suggest that Vinacomin - Power Holding is progressively becoming less dependent on debt to grow their business.

Vinacomin - Power Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vinacomin - Power Holding's LT-Debt-to-Total-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.

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Vinacomin - Power Holding LT-Debt-to-Total-Asset Chart

Vinacomin - Power Holding Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.24

0.17

0.10

Vinacomin - Power Holding Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.14	0.13	0.11	0.10	0.08

Vinacomin - Power Holding LT-Debt-to-Total-Asset Calculation

Vinacomin - Power Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1621352.39	/	16498173.804
	=	0.10

Vinacomin - Power Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1259702.834	/	16443847.652
	=	0.08

Vinacomin - Power Holding (HSTC:DTK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Vinacomin - Power Holding LT-Debt-to-Total-Asset Related Terms

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Vinacomin - Power Holding (HSTC:DTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vinacomin - Power Holding Corp (HSTC:DTK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM

Website

http://www.vinacominpower.vn

Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

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