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Rayong Wire Industries PCL (BKK:RWI) Debt-to-Equity : 0.16 (As of Mar. 2024)


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What is Rayong Wire Industries PCL Debt-to-Equity?

Rayong Wire Industries PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿24.1 Mil. Rayong Wire Industries PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿128.9 Mil. Rayong Wire Industries PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿965.3 Mil. Rayong Wire Industries PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.16.

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 Rayong Wire Industries PCL's Debt-to-Equity or its related term are showing as below:

BKK:RWI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.23   Max: 0.42
Current: 0.16

During the past 11 years, the highest Debt-to-Equity Ratio of Rayong Wire Industries PCL was 0.42. The lowest was 0.01. And the median was 0.23.

BKK:RWI's Debt-to-Equity is ranked better than
76.04% of 551 companies
in the Steel industry
Industry Median: 0.42 vs BKK:RWI: 0.16

Rayong Wire Industries PCL Debt-to-Equity Historical Data

The historical data trend for Rayong Wire Industries 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.

Rayong Wire Industries PCL Debt-to-Equity Chart

Rayong Wire Industries 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 0.25 0.38 0.24 0.19 0.19

Rayong Wire Industries 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 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 0.16 0.19 0.19 0.19 0.16

Competitive Comparison of Rayong Wire Industries PCL's Debt-to-Equity

For the Steel subindustry, Rayong Wire Industries 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.


Rayong Wire Industries PCL's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Rayong Wire Industries PCL's Debt-to-Equity falls into.



Rayong Wire Industries PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Rayong Wire Industries PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Rayong Wire Industries PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Rayong Wire Industries PCL  (BKK:RWI) 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.


Rayong Wire Industries PCL Debt-to-Equity Related Terms

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


Rayong Wire Industries PCL (BKK:RWI) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, I-5 Road, Maptapud Industrial Estate, Maptapud, Muang, Rayong, Rayong, THA, 21150
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. The company operates in Thailand.

Rayong Wire Industries PCL (BKK:RWI) Headlines

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