Readyplanet PCL (BKK:READY) Debt-to-Equity : 0.03 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Readyplanet PCL Debt-to-Equity?

Readyplanet PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1.6 Mil. Readyplanet PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿4.8 Mil. Readyplanet PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿214.5 Mil. Readyplanet PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

BKK:READY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.23
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of Readyplanet PCL was 0.23. The lowest was 0.03. And the median was 0.16.

BKK:READY's Debt-to-Equity is ranked better than
86.79% of 2225 companies
in the Software industry
Industry Median: 0.21 vs BKK:READY: 0.03

Readyplanet PCL Debt-to-Equity Historical Data

The historical data trend for Readyplanet 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.

Readyplanet PCL Debt-to-Equity Chart

Readyplanet PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.22

0.23

0.09

0.03

Readyplanet PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						0.09	0.04	0.04	0.03	0.03

Competitive Comparison of Readyplanet PCL's Debt-to-Equity

For the Software - Infrastructure subindustry, Readyplanet 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.

Readyplanet PCL's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Readyplanet PCL's Debt-to-Equity distribution charts can be found below:

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

Readyplanet PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Readyplanet 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
	=	(1.604	+	4.824)	/	214.513
	=	0.03

Readyplanet 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
	=	(1.604	+	4.824)	/	214.513
	=	0.03

Readyplanet PCL (BKK:READY) 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.

Readyplanet PCL Debt-to-Equity Related Terms

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

Readyplanet PCL (BKK:READY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Readyplanet PCL (BKK:READY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 9 Road, 51 Major Tower Rama 9 - Ramkumhang 17th Floor, Unit 1701 - 1706, Huamak, Bangkapi, Bangkok, THA, 10240

Website

https://www.readyplanet.com

Readyplanet PCL is Thailand based company. The company is engaged in providing All-in-One Sales and Marketing Platform which is covered website, online advertising and customer relationship management systems. The Group comprises of the following segments namely Self Services and Managed Services.

Readyplanet PCL (BKK:READY) Headlines

No Headlines