Cao Bang Cast Iron & Steel JSC (HSTC:CBI) Debt-to-Equity : 0.00 (As of . 20)

View and export this data going back to 2017. Start your Free Trial

What is Cao Bang Cast Iron & Steel JSC Debt-to-Equity?

Cao Bang Cast Iron & Steel JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil. Cao Bang Cast Iron & Steel JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil. Cao Bang Cast Iron & Steel JSC's Total Stockholders Equity for the quarter that ended in . 20 was ₫0.00 Mil.

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 Cao Bang Cast Iron & Steel JSC's Debt-to-Equity or its related term are showing as below:

HSTC:CBI's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Cao Bang Cast Iron & Steel JSC Debt-to-Equity Historical Data

The historical data trend for Cao Bang Cast Iron & Steel 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.

* Premium members only.

Cao Bang Cast Iron & Steel JSC Debt-to-Equity Chart

Cao Bang Cast Iron & Steel JSC Annual Data

Trend

Debt-to-Equity

Cao Bang Cast Iron & Steel JSC Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Cao Bang Cast Iron & Steel JSC's Debt-to-Equity

For the Steel subindustry, Cao Bang Cast Iron & Steel 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.

Cao Bang Cast Iron & Steel JSC's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cao Bang Cast Iron & Steel JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cao Bang Cast Iron & Steel JSC's Debt-to-Equity falls into.

Cao Bang Cast Iron & Steel JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cao Bang Cast Iron & Steel JSC's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Cao Bang Cast Iron & Steel JSC's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Cao Bang Cast Iron & Steel JSC (HSTC:CBI) 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.

Cao Bang Cast Iron & Steel JSC Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cao Bang Cast Iron & Steel JSC's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Cao Bang Cast Iron & Steel JSC (HSTC:CBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cao Bang Cast Iron & Steel JSC (HSTC:CBI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 52 Kim Dong Street, Hop Giang Ward, Cao Bang, VNM

Website

Cao Bang Cast Iron & Steel JSC is engaged in manufacturing, trading, importing and exporting of iron and steel and building materials. It is also engaged in mining of iron ores. the companies mainly produces steel billets.