Bangchak PCL (BKK:BCP) Debt-to-Equity : 1.87 (As of Mar. 2024)

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What is Bangchak PCL Debt-to-Equity?

Bangchak PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿30,945 Mil. Bangchak PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿110,022 Mil. Bangchak PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿75,537 Mil. Bangchak PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.87.

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

BKK:BCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 1.15 Max: 1.95
Current: 1.87

During the past 13 years, the highest Debt-to-Equity Ratio of Bangchak PCL was 1.95. The lowest was 0.86. And the median was 1.15.

BKK:BCP's Debt-to-Equity is ranked worse than
88.24% of 833 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BKK:BCP: 1.87

Bangchak PCL Debt-to-Equity Historical Data

The historical data trend for Bangchak 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.

Bangchak PCL Debt-to-Equity Chart

Bangchak PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.93

1.53

1.67

1.48

1.95

Bangchak 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															1.40	1.50	1.71	1.95	1.87

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

For the Oil & Gas Refining & Marketing subindustry, Bangchak 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.

Bangchak PCL's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bangchak PCL's Debt-to-Equity distribution charts can be found below:

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

Bangchak PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bangchak 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
	=	(29379.143	+	111103.508)	/	72111.707
	=	1.95

Bangchak PCL'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
	=	(30944.903	+	110021.94)	/	75536.636
	=	1.87

Bangchak PCL (BKK:BCP) 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.

Bangchak PCL Debt-to-Equity Related Terms

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

Bangchak PCL (BKK:BCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bangchak Corp PCL (BKK:BCP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

7BP1:Germany

Address

Sukhumvit Road, 2098 M Tower Building, 8th Floor, Phra Kanong Tai, Phra Kanong, Bangkok, THA, 10260

Website

https://www.bangchak.co.th

Bangchak Corp PCL is a Thailand-based energy company that engages in petroleum refining. Crude oil for refining can be gathered from both domestic and international sources, and processed into a variety of petroleum products. Gasoline and diesel fuels are marketed to customers in the industrial, transport, aviation, marine, construction, and agriculture sectors. The company also offers petroleum products at its line of retail stations around Thailand. In addition to its refinery business, Bangchak produces power from solar farms, biomass energy, and petroleum exploration and production.

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