Debt – to – Equity ratio (2021) 2 78 1 18 0 30 1 93 3 72 13 62 2 85 Table 2 5 Debt – to – Equity ratio of seven securities companies in 2021 (Source VNDIRECT, Vietstock) Figure 2 6 VNDIRECT Financial.
Debt – to – Equity ratio (2021) 2.78 1.18 0.30 1.93 3.72 13.62 2.85 Table 2.1: Debt – to – Equity ratio of seven securities companies in 2021 (Source: VNDIRECT, Vietstock) Figure 2.1: VNDIRECT Financial safety ratio from 2017 to 2021 (Source: VNDIRECT Annual Report 2021) Moreover, VNDIRECT maintains a high safety ratio as it keeps a fairly high amount of liquid capital within the company to deal with exposures to risk from its investment portfolio In the financial safety ratio report as at 30 June 2021, total exposure to risks of the company was more than VND 1,250 billion and it was covered by VND 4,202 billion of liquid capital, making the liquid capital ratio equaled 334.53%, much higher than the bare minimum level of 150% according to Decision 1826/2012/QĐ-TTg By the end of the year, as the charter capital was raised, the financial safety ratio continued to be raised to 414% From 2017 till 2021, the company has always maintained a much higher – than – demand safety ratio to ensure liquidity of the company