Vinh Son - Song Hinh Hydropower JSC (STC:VSH) LT-Debt-to-Total-Asset : 0.38 (As of Mar. 2024)

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What is Vinh Son - Song Hinh Hydropower 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. Vinh Son - Song Hinh Hydropower JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.38.

Vinh Son - Song Hinh Hydropower JSC's long-term debt to total assets ratio declined from Mar. 2023 (0.38) to Mar. 2024 (0.38). It may suggest that Vinh Son - Song Hinh Hydropower JSC is progressively becoming less dependent on debt to grow their business.

Vinh Son - Song Hinh Hydropower JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vinh Son - Song Hinh Hydropower 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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Vinh Son - Song Hinh Hydropower JSC LT-Debt-to-Total-Asset Chart

Vinh Son - Song Hinh Hydropower JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.55

0.52

0.49

0.40

0.37

Vinh Son - Song Hinh Hydropower JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.37	0.38	0.37	0.38

Vinh Son - Song Hinh Hydropower JSC LT-Debt-to-Total-Asset Calculation

Vinh Son - Song Hinh Hydropower JSC'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 )
	=	3542604.478	/	9533198.918
	=	0.37

Vinh Son - Song Hinh Hydropower JSC'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 )
	=	3535424.921	/	9250327.413
	=	0.38

Vinh Son - Song Hinh Hydropower JSC (STC:VSH) 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.

Vinh Son - Song Hinh Hydropower JSC LT-Debt-to-Total-Asset Related Terms

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Vinh Son - Song Hinh Hydropower JSC (STC:VSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Vinh Son - Song Hinh Hydropower JSC (STC:VSH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-17-18 Floor, Building 11, Cua Bac EVN, Ba Dinh, Ha noi, VNM

Website

http://www.vshpc.evn.com.vn

Vinh Son - Song Hinh Hydropower JSC engages in the production and sale of electricity in Vietnam. The company is also involved in the service management, operation, and maintenance of hydropower plants; management consultancy and construction supervision of hydropower plant projects; and provision of design consulting services for irrigation, transportation, and hydroelectric works. In addition, it offers consulting and supervising services for the construction of hydraulic and traffic works; performs electricity experiments; trades in materials and equipment used in the hydroelectricity industry; invests in power projects construction activities, and operates in real estate business.