Straits Trading Co (SGX:S20) Debt-to-Equity : 1.12 (As of Dec. 2023)

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What is Straits Trading Co Debt-to-Equity?

Straits Trading Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$295.1 Mil. Straits Trading Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1,334.0 Mil. Straits Trading Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$1,460.0 Mil. Straits Trading Co's debt to equity for the quarter that ended in Dec. 2023 was 1.12.

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 Straits Trading Co's Debt-to-Equity or its related term are showing as below:

SGX:S20' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.58 Max: 1.12
Current: 1.12

During the past 13 years, the highest Debt-to-Equity Ratio of Straits Trading Co was 1.12. The lowest was 0.34. And the median was 0.58.

SGX:S20's Debt-to-Equity is ranked worse than
88.74% of 1305 companies
in the Metals & Mining industry
Industry Median: 0.13 vs SGX:S20: 1.12

Straits Trading Co Debt-to-Equity Historical Data

The historical data trend for Straits Trading Co'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.

Straits Trading Co Debt-to-Equity Chart

Straits Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.58

0.78

0.59

0.80

1.12

Straits Trading Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.59	0.56	0.80	1.00	1.12

Competitive Comparison of Straits Trading Co's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Straits Trading Co'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.

Straits Trading Co's Debt-to-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Straits Trading Co's Debt-to-Equity falls into.

Straits Trading Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Straits Trading Co'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
	=	(295.058	+	1334.029)	/	1460.035
	=	1.12

Straits Trading Co'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
	=	(295.058	+	1334.029)	/	1460.035
	=	1.12

Straits Trading Co (SGX:S20) 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.

Straits Trading Co Debt-to-Equity Related Terms

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

Straits Trading Co (SGX:S20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Straits Trading Co Ltd (SGX:S20) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

W2F:Germany

Address

1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881

Website

https://www.straitstrading.com.sg

Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

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