Srinanaporn Marketing PCL (BKK:SNNP) Debt-to-Equity : 0.16 (As of Mar. 2024)

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What is Srinanaporn Marketing PCL Debt-to-Equity?

Srinanaporn Marketing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿305 Mil. Srinanaporn Marketing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿246 Mil. Srinanaporn Marketing PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,411 Mil. Srinanaporn Marketing 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 Srinanaporn Marketing PCL's Debt-to-Equity or its related term are showing as below:

BKK:SNNP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 21.61
Current: 0.16

During the past 5 years, the highest Debt-to-Equity Ratio of Srinanaporn Marketing PCL was 21.61. The lowest was 0.01. And the median was 0.13.

BKK:SNNP's Debt-to-Equity is ranked better than
72.11% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BKK:SNNP: 0.16

Srinanaporn Marketing PCL Debt-to-Equity Historical Data

The historical data trend for Srinanaporn Marketing 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.

Srinanaporn Marketing PCL Debt-to-Equity Chart

Srinanaporn Marketing PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

21.61

11.15

0.01

0.10

0.15

Srinanaporn Marketing PCL Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.09	0.17	0.20	0.15	0.16

Competitive Comparison of Srinanaporn Marketing PCL's Debt-to-Equity

For the Packaged Foods subindustry, Srinanaporn Marketing 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.

Srinanaporn Marketing PCL's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Srinanaporn Marketing PCL's Debt-to-Equity distribution charts can be found below:

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

Srinanaporn Marketing PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Srinanaporn Marketing 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
	=	(231.737	+	264.383)	/	3218.354
	=	0.15

Srinanaporn Marketing 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
	=	(305.326	+	245.919)	/	3410.649
	=	0.16

Srinanaporn Marketing PCL (BKK:SNNP) 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.

Srinanaporn Marketing PCL Debt-to-Equity Related Terms

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

Srinanaporn Marketing PCL (BKK:SNNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srinanaporn Marketing PCL (BKK:SNNP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lan Luang Road, No. 325/6-9 Soi Lan Luang 7, Mahanak Intersection Subdistrict, Dusit District, Bangkok, THA, 10300

Website

https://www.snnp.co.th

Srinanaporn Marketing PCL is engaged in the business of production and distribution of beverages and snacks such as ready-to-drink jelly and jelly carrageenan product line under the Jele brand, cuttle fish snack product line under the Bento brand and extruded biscuit and bread stick product line under the Dorkbua Lotus brand. The company's operating segment include Manufacturing and distributing beverage; Manufacturing and distributing snack and Distributing other products. It generates maximum revenue from the Manufacturing and distributing snack segment.

Srinanaporn Marketing PCL (BKK:SNNP) Headlines

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