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VIX Securities JSC (STC:VIX) Debt-to-Equity : 0.11 (As of Mar. 2024)


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What is VIX Securities JSC Debt-to-Equity?

VIX Securities JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫990,000 Mil. VIX Securities JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. VIX Securities JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫8,991,445 Mil. VIX Securities JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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 VIX Securities JSC's Debt-to-Equity or its related term are showing as below:

STC:VIX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 0.36
Current: 0.11

During the past 7 years, the highest Debt-to-Equity Ratio of VIX Securities JSC was 0.36. The lowest was 0.02. And the median was 0.20.

STC:VIX's Debt-to-Equity is ranked better than
68.76% of 605 companies
in the Capital Markets industry
Industry Median: 0.36 vs STC:VIX: 0.11

VIX Securities JSC Debt-to-Equity Historical Data

The historical data trend for VIX Securities 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.

VIX Securities JSC Debt-to-Equity Chart

VIX Securities JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.20 0.16 0.23 - -

VIX Securities JSC Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.11

Competitive Comparison of VIX Securities JSC's Debt-to-Equity

For the Capital Markets subindustry, VIX Securities 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.


VIX Securities JSC's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VIX Securities JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where VIX Securities JSC's Debt-to-Equity falls into.



VIX Securities JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VIX Securities JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

VIX Securities JSC's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


VIX Securities JSC  (STC:VIX) 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.


VIX Securities JSC Debt-to-Equity Related Terms

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


VIX Securities JSC (STC:VIX) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, 52 Le Dai Hanh, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
VIX Securities JSC, formerly IB Securities JSC provides securities brokerage services through multiple forms. The company also engages in securities trading, investment advice, custody and underwriting services.

VIX Securities JSC (STC:VIX) Headlines

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