Viet Nam Airlines JSC (STC:HVN) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Viet Nam Airlines JSC 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. Viet Nam Airlines JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Viet Nam Airlines JSC's long-term debt to total assets ratio declined from Dec. 2023 (0.17) to Dec. 2024 (0.11). It may suggest that Viet Nam Airlines JSC is progressively becoming less dependent on debt to grow their business.

Viet Nam Airlines JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Viet Nam Airlines JSC'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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Viet Nam Airlines JSC LT-Debt-to-Total-Asset Chart

Viet Nam Airlines JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.37

0.32

0.25

0.17

0.11

Viet Nam Airlines JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.16	0.14	0.12	0.11

Viet Nam Airlines JSC LT-Debt-to-Total-Asset Calculation

Viet Nam Airlines JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	6171600.22	/	58064019.743
	=	0.11

Viet Nam Airlines JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	6171600.22	/	58064019.743
	=	0.11

Viet Nam Airlines JSC (STC:HVN) 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.

Viet Nam Airlines JSC LT-Debt-to-Total-Asset Related Terms

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Viet Nam Airlines JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Viet Nam Airlines JSC (STC:HVN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Number 200 Nguyen Son, Bo De Ward, Long Bien District, Hanoi, VNM

Website

https://www.vietnamairlines.com

Viet Nam Airlines JSC is an airline service provider in Vietnam. The company provides air transportation of passengers, air transportation of luggage, cargos, parcels, postal items and mails and activities of general aviation including aerial photography of the terrain, geological surveys and lead flight calibration of air stations among others.

Viet Nam Airlines JSC Headlines

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