Earth Tech Environment PCL (BKK:ETC) Debt-to-Equity : 0.70 (As of Dec. 2023)

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What is Earth Tech Environment PCL Debt-to-Equity?

Earth Tech Environment PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿503.1 Mil. Earth Tech Environment PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,519.0 Mil. Earth Tech Environment PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿2,900.1 Mil. Earth Tech Environment PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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

BKK:ETC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38 Med: 0.61 Max: 1.75
Current: 0.7

During the past 6 years, the highest Debt-to-Equity Ratio of Earth Tech Environment PCL was 1.75. The lowest was 0.38. And the median was 0.61.

BKK:ETC's Debt-to-Equity is ranked better than
57.29% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs BKK:ETC: 0.70

Earth Tech Environment PCL Debt-to-Equity Historical Data

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Debt-to-Equity Chart

Earth Tech Environment PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.75

0.52

0.38

0.52

0.70

Earth Tech Environment PCL Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.52	0.72	0.70	0.70

Competitive Comparison of Earth Tech Environment PCL's Debt-to-Equity

For the Utilities - Renewable subindustry, Earth Tech Environment 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.

Earth Tech Environment PCL's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Earth Tech Environment PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Earth Tech Environment 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
	=	(503.11	+	1518.981)	/	2900.099
	=	0.70

Earth Tech Environment PCL'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
	=	(503.11	+	1518.981)	/	2900.099
	=	0.70

Earth Tech Environment PCL (BKK:ETC) 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.

Earth Tech Environment PCL Debt-to-Equity Related Terms

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

Earth Tech Environment PCL (BKK:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Earth Tech Environment PCL (BKK:ETC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA

Website

https://www.etcenvi.com

Earth Tech Environment PCL is a service provider for the production and distribution of electricity. The company produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.

Earth Tech Environment PCL (BKK:ETC) Headlines

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