Chow Steel Industries PCL (BKK:CHOW) Debt-to-Equity : 0.32 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Chow Steel Industries PCL Debt-to-Equity?

Chow Steel Industries PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿654 Mil. Chow Steel Industries PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿4 Mil. Chow Steel Industries PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,073 Mil. Chow Steel Industries PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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

BKK:CHOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 5.27 Max: 10.78
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Chow Steel Industries PCL was 10.78. The lowest was 0.24. And the median was 5.27.

BKK:CHOW's Debt-to-Equity is ranked better than
58.98% of 551 companies
in the Steel industry
Industry Median: 0.41 vs BKK:CHOW: 0.32

Chow Steel Industries PCL Debt-to-Equity Historical Data

The historical data trend for Chow Steel Industries 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.

Chow Steel Industries PCL Debt-to-Equity Chart

Chow Steel Industries PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

8.37

4.25

5.26

1.41

0.29

Chow Steel Industries 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															1.46	1.54	0.24	0.29	0.32

Competitive Comparison of Chow Steel Industries PCL's Debt-to-Equity

For the Steel subindustry, Chow Steel Industries 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.

Chow Steel Industries PCL's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Chow Steel Industries PCL's Debt-to-Equity distribution charts can be found below:

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

Chow Steel Industries PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chow Steel Industries 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
	=	(569.466	+	4.597)	/	1992.698
	=	0.29

Chow Steel Industries 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
	=	(653.64	+	3.575)	/	2072.884
	=	0.32

Chow Steel Industries PCL (BKK:CHOW) 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.

Chow Steel Industries PCL Debt-to-Equity Related Terms

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

Chow Steel Industries PCL (BKK:CHOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chow Steel Industries PCL (BKK:CHOW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2525 FYI Center, Rama 4 Road, Tower 2, 10th Floor, Unit 2/1007-1008, Khlongtoei Sub-district, Khlongtoei District, Bangkok, THA, 10110

Website

http://www.chowsteel.com

Chow Steel Industries PCL is engaged in the business of manufacturing and distribution of steel billet and renewable energy. Its products are used for the production of round bars, deformed bars, and wire rods. Geographically all the business activity functions through Thailand. The business activity of the company is operated through six segments which are Original Equipment Manufacturer (OEM) business, Trading of steel billets business, Investment in renewable power plant business, Consultancy on investments related to the renewable energy business, Cryptocurrency business and Other businesses. The company offers its products to both Thailand and overseas markets.

Chow Steel Industries PCL (BKK:CHOW) Headlines

No Headlines