Jasmine Technology Solution PCL (BKK:JTS) Debt-to-Equity : 2.07 (As of Dec. 2023)

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What is Jasmine Technology Solution PCL Debt-to-Equity?

Jasmine Technology Solution PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿185 Mil. Jasmine Technology Solution PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿923 Mil. Jasmine Technology Solution PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿536 Mil. Jasmine Technology Solution PCL's debt to equity for the quarter that ended in Dec. 2023 was 2.07.

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 Jasmine Technology Solution PCL's Debt-to-Equity or its related term are showing as below:

BKK:JTS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.38 Max: 2.07
Current: 2.07

During the past 13 years, the highest Debt-to-Equity Ratio of Jasmine Technology Solution PCL was 2.07. The lowest was 0.13. And the median was 0.38.

BKK:JTS's Debt-to-Equity is ranked worse than
82.32% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs BKK:JTS: 2.07

Jasmine Technology Solution PCL Debt-to-Equity Historical Data

The historical data trend for Jasmine Technology Solution 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.

Jasmine Technology Solution PCL Debt-to-Equity Chart

Jasmine Technology Solution PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.34

0.42

1.81

2.07

Jasmine Technology Solution PCL Quarterly Data
	Mar19	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															1.81	1.84	1.90	2.04	2.07

Competitive Comparison of Jasmine Technology Solution PCL's Debt-to-Equity

For the Telecom Services subindustry, Jasmine Technology Solution 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.

Jasmine Technology Solution PCL's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jasmine Technology Solution PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jasmine Technology Solution PCL's Debt-to-Equity falls into.

Jasmine Technology Solution PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jasmine Technology Solution 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
	=	(184.514	+	922.631)	/	535.72
	=	2.07

Jasmine Technology Solution 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
	=	(184.514	+	922.631)	/	535.72
	=	2.07

Jasmine Technology Solution PCL (BKK:JTS) 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.

Jasmine Technology Solution PCL Debt-to-Equity Related Terms

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

Jasmine Technology Solution PCL (BKK:JTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Jasmine Technology Solution PCL (BKK:JTS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chaengwatana Road, 200 Moo 4, 9th Floor, Jasmine International Tower, Pakkred, Nonthaburi, THA, 11120

Website

https://www.jts.co.th

Jasmine Technology Solution PCL is a Thailand based company, principally engaged in the design and installation of telecommunication systems, telecom service business, and other businesses. The company leases optic cable networks and provides satellite telecommunications, internet, and satellite-based mobile communication services. It also designs, supplies and installs computer networks including peripheral equipment. The operating segments of the organization are the Telecommunication services segment, Bitcoin mining segment and the Design and installation of telecommunication systems. It also provides Infrastructure-as-a-service and Software-as-a-service.

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