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Tien Phong Plastic JSC (HSTC:NTP) Debt-to-Equity : 0.44 (As of Mar. 2024)


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What is Tien Phong Plastic JSC Debt-to-Equity?

Tien Phong Plastic JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫1,410,206 Mil. Tien Phong Plastic JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫0 Mil. Tien Phong Plastic JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫3,224,502 Mil. Tien Phong Plastic JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

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 Tien Phong Plastic JSC's Debt-to-Equity or its related term are showing as below:

HSTC:NTP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.6   Max: 0.94
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Tien Phong Plastic JSC was 0.94. The lowest was 0.10. And the median was 0.60.

HSTC:NTP's Debt-to-Equity is ranked better than
50.16% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs HSTC:NTP: 0.44

Tien Phong Plastic JSC Debt-to-Equity Historical Data

The historical data trend for Tien Phong Plastic 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.

Tien Phong Plastic JSC Debt-to-Equity Chart

Tien Phong Plastic JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.37 0.60 0.60 0.55

Tien Phong Plastic JSC 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 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 0.50 0.50 0.41 0.55 0.44

Competitive Comparison of Tien Phong Plastic JSC's Debt-to-Equity

For the Building Products & Equipment subindustry, Tien Phong Plastic 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.


Tien Phong Plastic JSC's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tien Phong Plastic JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tien Phong Plastic JSC's Debt-to-Equity falls into.



Tien Phong Plastic JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Tien Phong Plastic 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.


Tien Phong Plastic JSC  (HSTC:NTP) 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.


Tien Phong Plastic JSC Debt-to-Equity Related Terms

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Tien Phong Plastic JSC (HSTC:NTP) Business Description

Traded in Other Exchanges
N/A
Address
No.2 An Da, Lach Tray Ward, Ngo Quyen District, Hai Phong, VNM
Tien Phong Plastic JSC manufactures and trades plastic products for use in civil consumption, construction, industrial, agricultural, fisheries, and transportation. Business activity is primarily operated through Vietnam. Its products include plastic pipes, tubes, and fittings such as solvent cement joint pipe, pipe with gasket, Clean out, traped flange, valve PVC fence, and others.

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