SAF Special Steel PCL (BKK:SAF) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is SAF Special Steel PCL Debt-to-Equity?

SAF Special Steel PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿105.1 Mil. SAF Special Steel PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿9.9 Mil. SAF Special Steel PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿278.2 Mil. SAF Special Steel PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 SAF Special Steel PCL's Debt-to-Equity or its related term are showing as below:

BKK:SAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41 Med: 0.96 Max: 1.13
Current: 0.41

During the past 4 years, the highest Debt-to-Equity Ratio of SAF Special Steel PCL was 1.13. The lowest was 0.41. And the median was 0.96.

BKK:SAF's Debt-to-Equity is ranked better than
51.08% of 558 companies
in the Steel industry
Industry Median: 0.415 vs BKK:SAF: 0.41

SAF Special Steel PCL Debt-to-Equity Historical Data

The historical data trend for SAF Special Steel 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.

SAF Special Steel PCL Debt-to-Equity Chart

SAF Special Steel PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.99

0.94

1.13

0.41

SAF Special Steel PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				1.26	1.13	0.45	0.40	0.41

Competitive Comparison of SAF Special Steel PCL's Debt-to-Equity

For the Steel subindustry, SAF Special Steel 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.

SAF Special Steel PCL's Debt-to-Equity Distribution in the Steel Industry

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

* The bar in red indicates where SAF Special Steel PCL's Debt-to-Equity falls into.

SAF Special Steel PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SAF Special Steel 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
	=	(105.067	+	9.944)	/	278.249
	=	0.41

SAF Special Steel 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
	=	(105.067	+	9.944)	/	278.249
	=	0.41

SAF Special Steel PCL (BKK:SAF) 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.

SAF Special Steel PCL Debt-to-Equity Related Terms

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

SAF Special Steel PCL (BKK:SAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SAF Special Steel PCL (BKK:SAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bangkhunthien-Chytalay road, 110 Thientalay 24, Ta-kam, Bankhunthien, Bangkok, THA, 10150

Website

https://www.saf.co.th

SAF Special Steel PCL is engaged in the sales and processing of special-grade steel for various industrial applications. The principal activities of the Company are import and distribution including steel products for industrial and distribution tooling, equipment parts and band saw machines and manufacture of molds & dies and vacuum hardening services.

SAF Special Steel PCL (BKK:SAF) Headlines

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