Southern Gas Trading JSC (HSTC:PGS) Debt-to-Equity : 0.23 (As of Sep. 2023)

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What is Southern Gas Trading JSC Debt-to-Equity?

Southern Gas Trading JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₫202,366 Mil. Southern Gas Trading JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₫24,190 Mil. Southern Gas Trading JSC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₫999,661 Mil. Southern Gas Trading JSC's debt to equity for the quarter that ended in Sep. 2023 was 0.23.

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 Southern Gas Trading JSC's Debt-to-Equity or its related term are showing as below:

HSTC:PGS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.31 Max: 0.6
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Southern Gas Trading JSC was 0.60. The lowest was 0.01. And the median was 0.31.

HSTC:PGS's Debt-to-Equity is ranked better than
67.19% of 829 companies
in the Oil & Gas industry
Industry Median: 0.45 vs HSTC:PGS: 0.23

Southern Gas Trading JSC Debt-to-Equity Historical Data

The historical data trend for Southern Gas Trading 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.

Southern Gas Trading JSC Debt-to-Equity Chart

Southern Gas Trading JSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.29

0.55

0.05

0.28

Southern Gas Trading JSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.28	0.15	0.38	0.23

Competitive Comparison of Southern Gas Trading JSC's Debt-to-Equity

For the Oil & Gas Integrated subindustry, Southern Gas Trading 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.

Southern Gas Trading JSC's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern Gas Trading JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Southern Gas Trading JSC's Debt-to-Equity falls into.

Southern Gas Trading JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southern Gas Trading JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(268801.811	+	19169.103)	/	1018991.764
	=	0.28

Southern Gas Trading JSC's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(202366.371	+	24189.643)	/	999661.13
	=	0.23

Southern Gas Trading JSC (HSTC:PGS) 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.

Southern Gas Trading JSC Debt-to-Equity Related Terms

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

Southern Gas Trading JSC (HSTC:PGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southern Gas Trading JSC (HSTC:PGS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM

Website

http://www.pgs.com.vn

Southern Gas Trading JSC is a Vietnam based company engaged in the trading activity of liquefied petroleum gas (LPG), gas products, materials, equipment and vehicles for LPG's transport, storage, vessels and trading. It offers residential LPG, industrial LPG, LPG cylinders and compressed natural gas. The company also offers services related to the gas industry such as design consultancy, supply of materials and equipment, construction, installation and technology transfer of delivery systems of LPG, CNG and LNG, using tubs, storage and filling stations and LPG cylinders.

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