Grand Prix International PCL (BKK:GPI) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Grand Prix International PCL Debt-to-Equity?

Grand Prix International PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1.6 Mil. Grand Prix International PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿3.0 Mil. Grand Prix International PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿866.1 Mil. Grand Prix International PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

BKK:GPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.14
Current: 0.01

During the past 10 years, the highest Debt-to-Equity Ratio of Grand Prix International PCL was 0.14. The lowest was 0.00. And the median was 0.01.

BKK:GPI's Debt-to-Equity is ranked better than
99.88% of 833 companies
in the Media - Diversified industry
Industry Median: 0.29 vs BKK:GPI: 0.01

Grand Prix International PCL Debt-to-Equity Historical Data

The historical data trend for Grand Prix International 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.

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Grand Prix International PCL Debt-to-Equity Chart

Grand Prix International PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.02

Grand Prix International 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															0.07	-	0.01	0.02	0.01

Competitive Comparison of Grand Prix International PCL's Debt-to-Equity

For the Advertising Agencies subindustry, Grand Prix International 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.

Grand Prix International PCL's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Debt-to-Equity distribution charts can be found below:

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

Grand Prix International PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grand Prix International 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
	=	(10.739	+	3.363)	/	736.501
	=	0.02

Grand Prix International 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
	=	(1.615	+	2.952)	/	866.078
	=	0.01

Grand Prix International PCL (BKK:GPI) 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.

Grand Prix International PCL Debt-to-Equity Related Terms

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

Grand Prix International PCL (BKK:GPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Prix International PCL (BKK:GPI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220

Website

https://www.grandprix.co.th

Grand Prix International PCL is a Thailand-based company engaged in Providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments namely Activities, Media & Publishing, Provide Printing Services, and Other segment. The company derives a majority of its revenue from the Activities segment.