Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Debt-to-Equity : 0.77 (As of Mar. 2024)

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What is Sai Gon - Hanoi Commercial Joint Stock Bank Debt-to-Equity?

Sai Gon - Hanoi Commercial Joint Stock Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Sai Gon - Hanoi Commercial Joint Stock Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫40,974,648 Mil. Sai Gon - Hanoi Commercial Joint Stock Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫53,180,974 Mil. Sai Gon - Hanoi Commercial Joint Stock Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.77.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity or its related term are showing as below:

STC:SHB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 1.61 Max: 2.79
Current: 0.77

During the past 13 years, the highest Debt-to-Equity Ratio of Sai Gon - Hanoi Commercial Joint Stock Bank was 2.79. The lowest was 0.65. And the median was 1.61.

STC:SHB's Debt-to-Equity is ranked worse than
54.98% of 1395 companies
in the Banks industry
Industry Median: 0.65 vs STC:SHB: 0.77

Sai Gon - Hanoi Commercial Joint Stock Bank Debt-to-Equity Historical Data

The historical data trend for Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity 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.

Sai Gon - Hanoi Commercial Joint Stock Bank Debt-to-Equity Chart

Sai Gon - Hanoi Commercial Joint Stock Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.50

2.15

1.59

1.01

1.00

Sai Gon - Hanoi Commercial Joint Stock Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.03	1.09	0.90	1.00	0.77

Competitive Comparison of Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity

For the Banks - Regional subindustry, Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity falls into.

Sai Gon - Hanoi Commercial Joint Stock Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sai Gon - Hanoi Commercial Joint Stock Bank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	49913166)	/	50098280
	=	1.00

Sai Gon - Hanoi Commercial Joint Stock Bank's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	40974648)	/	53180974
	=	0.77

Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sai Gon - Hanoi Commercial Joint Stock Bank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sai Gon - Hanoi Commercial Joint Stock Bank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM

Website

https://www.shb.com.vn

Sai Gon - Hanoi Commercial Joint Stock Bank is a Vietnam-based banking corporation. It offers various banking services to its customers including retail banking, corporate banking, and other banking-related services. Its products and services include savings, current account, money transfer services, E-banking, guarantee service, and forex trading and treasury services. It also provides credit in the form of car loans, rubber loans, agricultural product loans, business overdraft, and medium and long-term loans and credit facilities. The company has four reportable segments such as credit, investment, services, and treasury. The primary source of its revenue is interest income, commission, and fees received by providing advisory and financial services to the customer.

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