Symphony Communication PCL (BKK:SYMC) Debt-to-Equity : 0.26 (As of Mar. 2024)

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What is Symphony Communication PCL Debt-to-Equity?

Symphony Communication PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿346 Mil. Symphony Communication PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿434 Mil. Symphony Communication PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,973 Mil. Symphony Communication PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.26.

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

BKK:SYMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.73 Max: 1.64
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Symphony Communication PCL was 1.64. The lowest was 0.26. And the median was 0.73.

BKK:SYMC's Debt-to-Equity is ranked better than
73.1% of 342 companies
in the Telecommunication Services industry
Industry Median: 0.645 vs BKK:SYMC: 0.26

Symphony Communication PCL Debt-to-Equity Historical Data

The historical data trend for Symphony Communication 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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Symphony Communication PCL Debt-to-Equity Chart

Symphony Communication PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.58

0.40

0.41

0.30

Symphony Communication 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															0.37	0.36	0.33	0.30	0.26

Competitive Comparison of Symphony Communication PCL's Debt-to-Equity

For the Telecom Services subindustry, Symphony Communication 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.

Symphony Communication PCL's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Symphony Communication PCL's Debt-to-Equity distribution charts can be found below:

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

Symphony Communication PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Symphony Communication 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
	=	(352.475	+	512.506)	/	2908.541
	=	0.30

Symphony Communication 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
	=	(345.882	+	434.16)	/	2972.778
	=	0.26

Symphony Communication PCL (BKK:SYMC) 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.

Symphony Communication PCL Debt-to-Equity Related Terms

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

Symphony Communication PCL (BKK:SYMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Symphony Communication PCL (BKK:SYMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vibhavadee Rangsit Road, 123 Suntowers Building B, 35th-36th Floor, Chomphon, Chatuchak, Bangkok, THA, 10900

Website

https://www.symphony.net.th

Symphony Communication PCL is engaged in the provision of communication high-speed circuit services. The company has been granted licenses from the National Broadcasting and Telecommunications Commission (NBTC) to provide telecommunication services. It includes Telecom Operation License Type 1, Telecom Operation License Type 2, and Telecom Operation License Type 3. The company's products and service lines include connectivity service, network equipment, installation of network equipment, and maintenance service of network equipment of which key revenue is derived from the connectivity service.

Symphony Communication PCL (BKK:SYMC) Headlines

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