Siamgas And Petrochemicals PCL (BKK:SGP) Debt-to-Equity : 1.10 (As of Mar. 2024)

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What is Siamgas And Petrochemicals PCL Debt-to-Equity?

Siamgas And Petrochemicals PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿6,142 Mil. Siamgas And Petrochemicals PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿12,573 Mil. Siamgas And Petrochemicals PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿17,049 Mil. Siamgas And Petrochemicals PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.10.

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 Siamgas And Petrochemicals PCL's Debt-to-Equity or its related term are showing as below:

BKK:SGP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.18 Max: 1.65
Current: 1.1

During the past 13 years, the highest Debt-to-Equity Ratio of Siamgas And Petrochemicals PCL was 1.65. The lowest was 0.85. And the median was 1.18.

BKK:SGP's Debt-to-Equity is ranked worse than
78.22% of 831 companies
in the Oil & Gas industry
Industry Median: 0.44 vs BKK:SGP: 1.10

Siamgas And Petrochemicals PCL Debt-to-Equity Historical Data

The historical data trend for Siamgas And Petrochemicals 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.

Siamgas And Petrochemicals PCL Debt-to-Equity Chart

Siamgas And Petrochemicals PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.44

1.40

1.16

1.17

1.53

Siamgas And Petrochemicals 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															1.44	1.65	1.55	1.53	1.10

Competitive Comparison of Siamgas And Petrochemicals PCL's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Siamgas And Petrochemicals 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.

Siamgas And Petrochemicals PCL's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Siamgas And Petrochemicals PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Siamgas And Petrochemicals PCL's Debt-to-Equity falls into.

Siamgas And Petrochemicals PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Siamgas And Petrochemicals 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
	=	(11198.8	+	12608.294)	/	15575.359
	=	1.53

Siamgas And Petrochemicals 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
	=	(6141.843	+	12572.867)	/	17048.723
	=	1.10

Siamgas And Petrochemicals PCL (BKK:SGP) 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.

Siamgas And Petrochemicals PCL Debt-to-Equity Related Terms

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

Siamgas And Petrochemicals PCL (BKK:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Siamgas And Petrochemicals PCL (BKK:SGP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 553, Ratchaprarop Road, 30th Floor, Tower A, The Palladium Building, Makkasan, Ratchathewi, Bangkok, THA, 10400

Website

https://www.siamgas.com

Siamgas And Petrochemicals PCL are engaged in the trading of liquefied petroleum gas and petrochemicals. It sells liquefied petroleum gas under two brands: SIAMGAS and UNIQUE GAS in Thailand and under SGGAS, SINGGAS, and MYGAZ brands in the Overseas market. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, China, Singapore, Malaysia, and Vietnam. The company generates the majority of its revenue from the overseas market.

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