East Coast Furnitech PCL (BKK:ECF) Debt-to-Equity : 1.87 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is East Coast Furnitech PCL Debt-to-Equity?

East Coast Furnitech PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,564 Mil. East Coast Furnitech PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿693 Mil. East Coast Furnitech PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,206 Mil. East Coast Furnitech 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 East Coast Furnitech PCL's Debt-to-Equity or its related term are showing as below:

BKK:ECF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.12 Med: 1.62 Max: 2.64
Current: 1.87

During the past 13 years, the highest Debt-to-Equity Ratio of East Coast Furnitech PCL was 2.64. The lowest was 1.12. And the median was 1.62.

BKK:ECF's Debt-to-Equity is ranked worse than
95% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs BKK:ECF: 1.87

East Coast Furnitech PCL Debt-to-Equity Historical Data

The historical data trend for East Coast Furnitech 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.

East Coast Furnitech PCL Debt-to-Equity Chart

East Coast Furnitech PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.45

1.55

1.57

1.68

1.88

East Coast Furnitech 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															1.67	1.90	1.78	1.88	1.87

Competitive Comparison of East Coast Furnitech PCL's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, East Coast Furnitech 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.

East Coast Furnitech PCL's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, East Coast Furnitech PCL's Debt-to-Equity distribution charts can be found below:

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

East Coast Furnitech PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East Coast Furnitech 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
	=	(1524.014	+	702.059)	/	1183.77
	=	1.88

East Coast Furnitech 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
	=	(1564.105	+	692.654)	/	1206.35
	=	1.87

East Coast Furnitech PCL (BKK:ECF) 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.

East Coast Furnitech PCL Debt-to-Equity Related Terms

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

East Coast Furnitech PCL (BKK:ECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » East Coast Furnitech PCL (BKK:ECF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/9 Moo 10 Banbung-Klaeng Road, Tambon Tangkwian, Amphur Klaeng, Rayong, THA, 21110

Website

https://www.eastcoast.co.th

East Coast Furnitech PCL is a manufacturer and distributor of wooden furniture and particle boards. It offers cutting-edge wood for use as a raw material for furniture production. The company operates in two business segments which include Wood furniture and particle boards and Other segments. The Wood furniture and particle boards segment consists of Rubberwood furniture and Particle board furniture. The Other segments comprise Laminating papers, Dried sawn lumbers, Furniture-decorating supplies and retail shops. The company exports its products to Japan, the United States of America, India and other countries.