BT Wealth Industries Public Company (BKK:BTW) Debt-to-Equity : 0.77 (As of Mar. 2024)

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What is BT Wealth Industries Public Company Debt-to-Equity?

BT Wealth Industries Public Company's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿197.5 Mil. BT Wealth Industries Public Company's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil. BT Wealth Industries Public Company's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿256.3 Mil. BT Wealth Industries Public Company's debt to equity for the quarter that ended in Mar. 2024 was 0.77.

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 BT Wealth Industries Public Company's Debt-to-Equity or its related term are showing as below:

BKK:BTW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.32 Max: 0.81
Current: 0.77

During the past 10 years, the highest Debt-to-Equity Ratio of BT Wealth Industries Public Company was 0.81. The lowest was 0.00. And the median was 0.32.

BKK:BTW's Debt-to-Equity is ranked worse than
79.97% of 2631 companies
in the Industrial Products industry
Industry Median: 0.29 vs BKK:BTW: 0.77

BT Wealth Industries Public Company Debt-to-Equity Historical Data

The historical data trend for BT Wealth Industries Public Company'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.

BT Wealth Industries Public Company Debt-to-Equity Chart

BT Wealth Industries Public Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.30

0.38

0.43

0.81

BT Wealth Industries Public Company 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															0.38	0.55	0.55	0.81	0.77

Competitive Comparison of BT Wealth Industries Public Company's Debt-to-Equity

For the Metal Fabrication subindustry, BT Wealth Industries Public Company'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.

BT Wealth Industries Public Company's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries Public Company's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BT Wealth Industries Public Company's Debt-to-Equity falls into.

BT Wealth Industries Public Company Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BT Wealth Industries Public Company'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
	=	(226.553	+	0)	/	279.712
	=	0.81

BT Wealth Industries Public Company'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
	=	(197.473	+	0)	/	256.259
	=	0.77

BT Wealth Industries Public Company (BKK:BTW) 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.

BT Wealth Industries Public Company Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BT Wealth Industries Public Company's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BT Wealth Industries Public Company (BKK:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BT Wealth Industries Public Company Ltd (BKK:BTW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39 (Thep Leela 1), Wangthonglang, Bangkok, THA, 10310

Website

http://www.btwealthindustries.com

BT Wealth Industries Public Company Ltd is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power, in both domestic and international sites. The steel fabrication products include Modularization and Parts Fabrication. The installation and construction business serve the Engineering Procurement and Construction contractors or project owners. It also engages in the production of renewable energy. In addition, it provides equipment and facility rental to fabricators and constructor.

BT Wealth Industries Public Company (BKK:BTW) Headlines

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