Bangladesh Thai Aluminium (DHA:BDTHAI) Debt-to-Equity : 0.50 (As of Mar. 2024)

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What is Bangladesh Thai Aluminium Debt-to-Equity?

Bangladesh Thai Aluminium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT964.3 Mil. Bangladesh Thai Aluminium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BDT764.8 Mil. Bangladesh Thai Aluminium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was BDT3,473.1 Mil. Bangladesh Thai Aluminium's debt to equity for the quarter that ended in Mar. 2024 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 Bangladesh Thai Aluminium's Debt-to-Equity or its related term are showing as below:

DHA:BDTHAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 0.45 Max: 0.53
Current: 0.5

During the past 11 years, the highest Debt-to-Equity Ratio of Bangladesh Thai Aluminium was 0.53. The lowest was 0.30. And the median was 0.45.

DHA:BDTHAI's Debt-to-Equity is ranked worse than
74.48% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs DHA:BDTHAI: 0.50

Bangladesh Thai Aluminium Debt-to-Equity Historical Data

The historical data trend for Bangladesh Thai Aluminium'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.

Bangladesh Thai Aluminium Debt-to-Equity Chart

Bangladesh Thai Aluminium Annual Data

Trend

Dec14

Dec15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.46

0.47

Bangladesh Thai Aluminium 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															0.48	0.47	0.49	0.50	0.50

Competitive Comparison of Bangladesh Thai Aluminium's Debt-to-Equity

For the Aluminum subindustry, Bangladesh Thai Aluminium'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.

Bangladesh Thai Aluminium's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bangladesh Thai Aluminium's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bangladesh Thai Aluminium's Debt-to-Equity falls into.

Bangladesh Thai Aluminium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bangladesh Thai Aluminium's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(942.803	+	709.905)	/	3556.921
	=	0.46

Bangladesh Thai Aluminium'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
	=	(964.272	+	764.791)	/	3473.142
	=	0.50

Bangladesh Thai Aluminium (DHA:BDTHAI) 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.

Bangladesh Thai Aluminium Debt-to-Equity Related Terms

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Bangladesh Thai Aluminium (DHA:BDTHAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bangladesh Thai Aluminium Ltd (DHA:BDTHAI) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Road Number 17, 29 Kemal Ataturk Avenue, 14th Floor, BTA Tower, Banani Commercial Area, Dhaka, BGD, 1213

Website

https://www.btaalu.com

Bangladesh Thai Aluminium Ltd is engaged in manufacturing of aluminium products and offers related services. The company manufactures and sells anodized aluminium sections, aluminium doors, windows and hardware, glass false ceiling boards, aluminium composite panels and other products. It also provides after-sales services and consultancy services on technical and financial aspect of profile design, fabrication of items, installation arrangement, and execution of the same at the site.

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