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Asia Biomass PCL (BKK:ABM) Debt-to-Equity : 1.75 (As of Mar. 2024)


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What is Asia Biomass PCL Debt-to-Equity?

Asia Biomass PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿786 Mil. Asia Biomass PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿117 Mil. Asia Biomass PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿515 Mil. Asia Biomass PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.75.

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

BKK:ABM' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02   Med: 1.74   Max: 11.04
Current: 1.75

During the past 12 years, the highest Debt-to-Equity Ratio of Asia Biomass PCL was 11.04. The lowest was 1.02. And the median was 1.74.

BKK:ABM's Debt-to-Equity is ranked worse than
72.56% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs BKK:ABM: 1.75

Asia Biomass PCL Debt-to-Equity Historical Data

The historical data trend for Asia Biomass 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 Biomass PCL Debt-to-Equity Chart

Asia Biomass PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 2.39 1.63 1.03 1.51

Asia Biomass PCL 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 1.15 1.29 1.51 1.75

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

For the Utilities - Renewable subindustry, Asia Biomass 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 Biomass PCL's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Asia Biomass PCL's Debt-to-Equity distribution charts can be found below:

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



Asia Biomass PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Biomass PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Asia Biomass PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Asia Biomass PCL  (BKK:ABM) 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 Biomass PCL Debt-to-Equity Related Terms

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Asia Biomass PCL (BKK:ABM) Business Description

Traded in Other Exchanges
N/A
Address
No. 273/2 Rama II Road, Samae Dam Sub-District, Bang Khun Thian District, Bangkok, THA, 10150
Asia Biomass PCL is a Thailand based company engaged in the trading of biomass. The company is involved in sourcing and distributing biomass fuels from palm shell, wood chip, saw dust and wood pellet. Its operating segment includes sale of goods and provision of service. The company generates maximum revenue from Sales segment.