Thac Mo Hydro Power JSC (STC:TMP) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is Thac Mo Hydro Power JSC Debt-to-Equity?

Thac Mo Hydro Power JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫44,890 Mil. Thac Mo Hydro Power JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫311,874 Mil. Thac Mo Hydro Power JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫1,313,925 Mil. Thac Mo Hydro Power JSC's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Thac Mo Hydro Power JSC's Debt-to-Equity or its related term are showing as below:

STC:TMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.23 Max: 0.55
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Thac Mo Hydro Power JSC was 0.55. The lowest was 0.01. And the median was 0.23.

STC:TMP's Debt-to-Equity is ranked better than
79.03% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs STC:TMP: 0.27

Thac Mo Hydro Power JSC Debt-to-Equity Historical Data

The historical data trend for Thac Mo Hydro Power 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.

Thac Mo Hydro Power JSC Debt-to-Equity Chart

Thac Mo Hydro Power JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.10

0.22

0.34

0.25

0.24

Thac Mo Hydro Power 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															0.23	0.23	0.21	0.24	0.27

Competitive Comparison of Thac Mo Hydro Power JSC's Debt-to-Equity

For the Utilities - Independent Power Producers subindustry, Thac Mo Hydro Power 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.

Thac Mo Hydro Power JSC's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thac Mo Hydro Power JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thac Mo Hydro Power JSC's Debt-to-Equity falls into.

Thac Mo Hydro Power JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thac Mo Hydro Power JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(57853.957	+	311873.739)	/	1547437.548
	=	0.24

Thac Mo Hydro Power JSC'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
	=	(44890.467	+	311873.739)	/	1313924.516
	=	0.27

Thac Mo Hydro Power JSC (STC:TMP) 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.

Thac Mo Hydro Power JSC Debt-to-Equity Related Terms

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Thac Mo Hydro Power JSC (STC:TMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thac Mo Hydro Power JSC (STC:TMP) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM

Website

http://www.tmhpp.com.vn

Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.