Sunshine Group Development JSC (HSTC:KSF) Debt-to-Equity : 0.33 (As of Sep. 2024)

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What is Sunshine Group Development JSC Debt-to-Equity?

Sunshine Group Development JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫1,422,930 Mil. Sunshine Group Development JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫143,823 Mil. Sunshine Group Development JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫4,781,903 Mil. Sunshine Group Development JSC's debt to equity for the quarter that ended in Sep. 2024 was 0.33.

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 Sunshine Group Development JSC's Debt-to-Equity or its related term are showing as below:

HSTC:KSF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.48 Max: 0.68
Current: 0.33

During the past 3 years, the highest Debt-to-Equity Ratio of Sunshine Group Development JSC was 0.68. The lowest was 0.20. And the median was 0.48.

HSTC:KSF's Debt-to-Equity is ranked better than
70.56% of 1549 companies
in the Real Estate industry
Industry Median: 0.71 vs HSTC:KSF: 0.33

Sunshine Group Development JSC Debt-to-Equity Historical Data

The historical data trend for Sunshine Group Development JSC'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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Sunshine Group Development JSC Debt-to-Equity Chart

Sunshine Group Development JSC Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.54

0.22

0.68

Sunshine Group Development JSC Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial											0.55	0.68	0.57	0.35	0.33

Competitive Comparison of Sunshine Group Development JSC's Debt-to-Equity

For the Real Estate - Diversified subindustry, Sunshine Group Development JSC'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.

Sunshine Group Development JSC's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine Group Development JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sunshine Group Development JSC's Debt-to-Equity falls into.

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Sunshine Group Development JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunshine Group Development JSC'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
	=	(2472790.819	+	222645.541)	/	3976751.532
	=	0.68

Sunshine Group Development JSC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1422930.354	+	143822.771)	/	4781902.781
	=	0.33

Sunshine Group Development JSC (HSTC:KSF) 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.

Sunshine Group Development JSC Debt-to-Equity Related Terms

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

Sunshine Group Development JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunshine Group Development JSC (HSTC:KSF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Floor, Sunshine Center Building, 16 Pham Hung, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, VNM

Website

https://sunshinegroup.vn

Sunshine Group Development JSC is a multi-industry economic group with key fields: Real Estate - Technology - Construction - Education - Finance - Communication - Trade in services. Its focus resources on developing real estate serving technology, including complexes related to training schools, research and development centers, moving towards urban areas and cities. Multi-functional smart city, combining and meeting all needs for research, education, work, entertainment, relaxation.

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