Euro Creations PCL (BKK:EURO) Debt-to-Equity : 0.58 (As of Mar. 2024)

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What is Euro Creations PCL Debt-to-Equity?

Euro Creations PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿120.2 Mil. Euro Creations PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿339.4 Mil. Euro Creations PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿795.3 Mil. Euro Creations PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.58.

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

BKK:EURO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 2.25 Max: 4.23
Current: 0.58

During the past 3 years, the highest Debt-to-Equity Ratio of Euro Creations PCL was 4.23. The lowest was 0.58. And the median was 2.25.

BKK:EURO's Debt-to-Equity is ranked worse than
69.21% of 380 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.325 vs BKK:EURO: 0.58

Euro Creations PCL Debt-to-Equity Historical Data

The historical data trend for Euro Creations 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.

Euro Creations PCL Debt-to-Equity Chart

Euro Creations PCL Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

4.23

1.74

2.25

Euro Creations PCL Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	2.25	N/A	2.93	0.58

Competitive Comparison of Euro Creations PCL's Debt-to-Equity

For the Furnishings, Fixtures & Appliances subindustry, Euro Creations 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.

Euro Creations PCL's Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Euro Creations PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euro Creations PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(44.12	+	343.62)	/	172.06
	=	2.25

Euro Creations 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
	=	(120.225	+	339.43)	/	795.314
	=	0.58

Euro Creations PCL (BKK:EURO) 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.

Euro Creations PCL Debt-to-Equity Related Terms

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Euro Creations PCL (BKK:EURO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Euro Creations PCL (BKK:EURO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Euro Creations PCL is a decor company in Thailand. It provides European designer luxury furnishings and offers an extensive range of services and categories such as Bathroom, Bedroom, Dining room, Home Accessories, Kitchen, Lighting, Living room, Outdoor and Wardrobe furnishings.

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