GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Plus Tech Innovation PCL (BKK:PTECH) » Definitions » Debt-to-Equity

Plus Tech Innovation PCL (BKK:PTECH) Debt-to-Equity : 0.66 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Plus Tech Innovation PCL Debt-to-Equity?

Plus Tech Innovation PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿539 Mil. Plus Tech Innovation PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿135 Mil. Plus Tech Innovation PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,029 Mil. Plus Tech Innovation PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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

BKK:PTECH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.5   Max: 1.04
Current: 0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Plus Tech Innovation PCL was 1.04. The lowest was 0.09. And the median was 0.50.

BKK:PTECH's Debt-to-Equity is ranked worse than
75.03% of 2627 companies
in the Industrial Products industry
Industry Median: 0.29 vs BKK:PTECH: 0.66

Plus Tech Innovation PCL Debt-to-Equity Historical Data

The historical data trend for Plus Tech Innovation 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.

Plus Tech Innovation PCL Debt-to-Equity Chart

Plus Tech Innovation PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.79 0.46 0.54 0.66

Plus Tech Innovation 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.78 0.76 0.67 0.66

Competitive Comparison of Plus Tech Innovation PCL's Debt-to-Equity

For the Business Equipment & Supplies subindustry, Plus Tech Innovation 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.


Plus Tech Innovation PCL's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plus Tech Innovation PCL's Debt-to-Equity distribution charts can be found below:

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



Plus Tech Innovation PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plus Tech Innovation PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Plus Tech Innovation PCL's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Plus Tech Innovation PCL  (BKK:PTECH) 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.


Plus Tech Innovation PCL Debt-to-Equity Related Terms

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


Plus Tech Innovation PCL (BKK:PTECH) Business Description

Traded in Other Exchanges
N/A
Address
Poochao-Saming Prai Road, 41/1 Soi Wat Suan Som, Samrong Tai Subdistrict, Phra Pradaeng District, Samutprakarn, THA, 10130
Plus Tech Innovation PCL is a Thailand-based company engaged in the manufacturing of plastic cards and vending machines. The company's two operating segments include the Manufacturing of plastic cards and card personalization services; and Vending machines. It generates the majority of its revenue from the Vending machines segment. Geographically group mainly operates in Thailand and generates key revenue.

Plus Tech Innovation PCL (BKK:PTECH) Headlines

No Headlines