Vietnam Prosperity JSC Bank (STC:VPB) Debt-to-Equity : 0.89 (As of Mar. 2024)

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What is Vietnam Prosperity JSC Bank Debt-to-Equity?

Vietnam Prosperity JSC Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Vietnam Prosperity JSC Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫123,378,644 Mil. Vietnam Prosperity JSC Bank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫138,197,730 Mil. Vietnam Prosperity JSC Bank's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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 Vietnam Prosperity JSC Bank's Debt-to-Equity or its related term are showing as below:

STC:VPB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.89 Med: 1.95 Max: 3.26
Current: 0.89

During the past 7 years, the highest Debt-to-Equity Ratio of Vietnam Prosperity JSC Bank was 3.26. The lowest was 0.89. And the median was 1.95.

STC:VPB's Debt-to-Equity is ranked worse than
59.91% of 1392 companies
in the Banks industry
Industry Median: 0.65 vs STC:VPB: 0.89

Vietnam Prosperity JSC Bank Debt-to-Equity Historical Data

The historical data trend for Vietnam Prosperity JSC 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.

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Vietnam Prosperity JSC Bank Debt-to-Equity Chart

Vietnam Prosperity JSC Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.29

2.09

1.90

1.58

0.91

Vietnam Prosperity JSC 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															1.63	1.45	1.40	0.91	0.89

Competitive Comparison of Vietnam Prosperity JSC Bank's Debt-to-Equity

For the Banks - Regional subindustry, Vietnam Prosperity JSC 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.

Vietnam Prosperity JSC Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vietnam Prosperity JSC Bank's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vietnam Prosperity JSC Bank's Debt-to-Equity falls into.

Vietnam Prosperity JSC Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vietnam Prosperity JSC 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	+	122328002)	/	134631033
	=	0.91

Vietnam Prosperity JSC 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	+	123378644)	/	138197730
	=	0.89

Vietnam Prosperity JSC Bank (STC:VPB) 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.

Vietnam Prosperity JSC Bank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Vietnam Prosperity JSC Bank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Vietnam Prosperity JSC Bank (STC:VPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Vietnam Prosperity JSC Bank (STC:VPB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 89 Lang Ha Street, Lang Ha Ward, Dong Da District, Hanoi, VNM

Website

https://www.vpbank.com.vn

Vietnam Prosperity JSC Bank is engaged in offering banking services in Vietnam. The firm offers personal services, cards, e-banking services, insurance, and other financial services for household and small and medium enterprises. Its segment includes Banking; Finance company and Asset and liabilities management. The company generates maximum revenue from the Banking segment.

Vietnam Prosperity JSC Bank (STC:VPB) Headlines

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