Srithai Superware PCL (BKK:SITHAI) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is Srithai Superware PCL Debt-to-Equity?

Srithai Superware PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿694 Mil. Srithai Superware PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿508 Mil. Srithai Superware PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿4,498 Mil. Srithai Superware PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Srithai Superware PCL's Debt-to-Equity or its related term are showing as below:

BKK:SITHAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.89 Max: 1.12
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Srithai Superware PCL was 1.12. The lowest was 0.27. And the median was 0.89.

BKK:SITHAI's Debt-to-Equity is ranked better than
61.71% of 350 companies
in the Packaging & Containers industry
Industry Median: 0.445 vs BKK:SITHAI: 0.27

Srithai Superware PCL Debt-to-Equity Historical Data

The historical data trend for Srithai Superware 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.

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Srithai Superware PCL Debt-to-Equity Chart

Srithai Superware PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.77

0.69

0.59

0.49

0.37

Srithai Superware 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															0.44	0.44	0.39	0.37	0.27

Competitive Comparison of Srithai Superware PCL's Debt-to-Equity

For the Packaging & Containers subindustry, Srithai Superware 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.

Srithai Superware PCL's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Srithai Superware PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Srithai Superware PCL's Debt-to-Equity falls into.

Srithai Superware PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Srithai Superware 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
	=	(941.184	+	623.097)	/	4278.849
	=	0.37

Srithai Superware 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
	=	(693.96	+	508.354)	/	4498.188
	=	0.27

Srithai Superware PCL (BKK:SITHAI) 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.

Srithai Superware PCL Debt-to-Equity Related Terms

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

Srithai Superware PCL (BKK:SITHAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Srithai Superware PCL (BKK:SITHAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Suksawat Road, Soi 36, Bangpakok, Rat Burana, Bangkok, THA, 10140

Website

https://www.srithaisuperware.com

Srithai Superware PCL is principally engaged in the manufacture and distribution of plastics products such as plastic products for household and plastic products for industry and the manufacture and distribution of moulds. The company's business is divided into a plastic business line, consisting of household products business unit and industrial products business unit, and moulds and others business line.

Srithai Superware PCL (BKK:SITHAI) Headlines

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