Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Debt-to-Equity : 0.35 (As of Sep. 2024)

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What is Petrovietnam Power Nhon Trach 2 JSC Debt-to-Equity?

Petrovietnam Power Nhon Trach 2 JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫1,424,708 Mil. Petrovietnam Power Nhon Trach 2 JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₫0 Mil. Petrovietnam Power Nhon Trach 2 JSC's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₫4,114,517 Mil. Petrovietnam Power Nhon Trach 2 JSC's debt to equity for the quarter that ended in Sep. 2024 was 0.35.

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 Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity or its related term are showing as below:

STC:NT2' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.2 Max: 0.8
Current: 0.35

During the past 6 years, the highest Debt-to-Equity Ratio of Petrovietnam Power Nhon Trach 2 JSC was 0.80. The lowest was 0.05. And the median was 0.20.

STC:NT2's Debt-to-Equity is ranked better than
73.29% of 468 companies
in the Utilities - Regulated industry
Industry Median: 0.885 vs STC:NT2: 0.35

Petrovietnam Power Nhon Trach 2 JSC Debt-to-Equity Historical Data

The historical data trend for Petrovietnam Power Nhon Trach 2 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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Petrovietnam Power Nhon Trach 2 JSC Debt-to-Equity Chart

Petrovietnam Power Nhon Trach 2 JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.18

0.05

0.14

0.28

Petrovietnam Power Nhon Trach 2 JSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.28	0.17	0.32	0.35

Competitive Comparison of Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity

For the Utilities - Regulated Electric subindustry, Petrovietnam Power Nhon Trach 2 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.

Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity falls into.

Petrovietnam Power Nhon Trach 2 JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petrovietnam Power Nhon Trach 2 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
	=	(1200000	+	0)	/	4335849.37
	=	0.28

Petrovietnam Power Nhon Trach 2 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
	=	(1424707.713	+	0)	/	4114517.211
	=	0.35

Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) 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.

Petrovietnam Power Nhon Trach 2 JSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Petrovietnam Power Nhon Trach 2 JSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Petrovietnam Power Nhon Trach 2 JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Petroleum Power Center, Phuoc Khanh Commune, Nhon Trach district, Dong Nai, VNM

Website

https://www.pvpnt2.vn

Petrovietnam Power Nhon Trach 2 JSC is a Vietnam-based company engaged in power generation, transmission, and distribution. It also provides support activities like service activities for water transport, Architectural activities, wholesale of solid, liquid, and gaseous fuels, warehousing and storage of food, freight transport by road, wholesale of machinery, freight inland waterway, and vocational education.

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