Tan Tao Investment Industry (STC:ITA) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Tan Tao Investment Industry Debt-to-Equity?

Tan Tao Investment Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫42,325 Mil. Tan Tao Investment Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫5,068 Mil. Tan Tao Investment Industry's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫10,285,276 Mil. Tan Tao Investment Industry's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Tan Tao Investment Industry's Debt-to-Equity or its related term are showing as below:

STC:ITA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.08 Max: 0.23
Current: 0.01

During the past 10 years, the highest Debt-to-Equity Ratio of Tan Tao Investment Industry was 0.23. The lowest was 0.00. And the median was 0.08.

STC:ITA's Debt-to-Equity is ranked better than
99.94% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs STC:ITA: 0.01

Tan Tao Investment Industry Debt-to-Equity Historical Data

The historical data trend for Tan Tao Investment Industry'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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Tan Tao Investment Industry Debt-to-Equity Chart

Tan Tao Investment Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.08

0.04

0.03

0.01

Tan Tao Investment Industry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	0.01

Competitive Comparison of Tan Tao Investment Industry's Debt-to-Equity

For the Real Estate Services subindustry, Tan Tao Investment Industry'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.

Tan Tao Investment Industry's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tan Tao Investment Industry's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tan Tao Investment Industry's Debt-to-Equity falls into.

Tan Tao Investment Industry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tan Tao Investment Industry'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
	=	(23916.701	+	8365.006)	/	10063547.915
	=	0.00

Tan Tao Investment Industry's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(42324.803	+	5068.348)	/	10285275.984
	=	0.00

Tan Tao Investment Industry (STC:ITA) 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.

Tan Tao Investment Industry Debt-to-Equity Related Terms

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