Asia Precision PCL (BKK:APCS) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is Asia Precision PCL Debt-to-Equity?

Asia Precision PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿857 Mil. Asia Precision PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿33 Mil. Asia Precision PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,784 Mil. Asia Precision PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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 Asia Precision PCL's Debt-to-Equity or its related term are showing as below:

BKK:APCS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.22 Max: 0.52
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Precision PCL was 0.52. The lowest was 0.10. And the median was 0.22.

BKK:APCS's Debt-to-Equity is ranked worse than
65.82% of 2624 companies
in the Industrial Products industry
Industry Median: 0.29 vs BKK:APCS: 0.50

Asia Precision PCL Debt-to-Equity Historical Data

The historical data trend for Asia Precision PCL'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.

Asia Precision PCL Debt-to-Equity Chart

Asia Precision PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.26

0.19

0.52

0.50

Asia Precision PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.52	0.52	0.50	0.50

Competitive Comparison of Asia Precision PCL's Debt-to-Equity

For the Metal Fabrication subindustry, Asia Precision PCL'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.

Asia Precision PCL's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asia Precision PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Asia Precision PCL's Debt-to-Equity falls into.

Asia Precision PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Precision PCL'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
	=	(856.914	+	32.914)	/	1784.322
	=	0.50

Asia Precision PCL's Debt to Equity Ratio for the quarter 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
	=	(856.914	+	32.914)	/	1784.322
	=	0.50

Asia Precision PCL (BKK:APCS) 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.

Asia Precision PCL Debt-to-Equity Related Terms

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

Asia Precision PCL (BKK:APCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Precision PCL (BKK:APCS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Amata Nakorn Industrial Estate, 700/331 Moo 6, Tambol Donhualor, Muang Chonburi, Chonburi, THA, 20000

Website

https://www.apcs.co.th

Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, High Precision Part and Component, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand and Vietnam, of which prime revenue is earned in Thailand.

Asia Precision PCL (BKK:APCS) Headlines

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