Tong Hua Holdings PCL (BKK:TH) Debt-to-Equity : 0.00 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Tong Hua Holdings PCL Debt-to-Equity?

Tong Hua Holdings PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2.4 Mil. Tong Hua Holdings PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2.3 Mil. Tong Hua Holdings PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,662.5 Mil. Tong Hua Holdings PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Tong Hua Holdings PCL's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Tong Hua Holdings PCL was 0.24. The lowest was 0.00. And the median was 0.00.

BKK:TH's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Tong Hua Holdings PCL Debt-to-Equity Historical Data

The historical data trend for Tong Hua Holdings 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.

Tong Hua Holdings PCL Debt-to-Equity Chart

Tong Hua Holdings PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

Tong Hua Holdings 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															-	-	-	-	-

Competitive Comparison of Tong Hua Holdings PCL's Debt-to-Equity

For the Financial Conglomerates subindustry, Tong Hua Holdings 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.

Tong Hua Holdings PCL's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tong Hua Holdings PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tong Hua Holdings PCL's Debt-to-Equity falls into.

Tong Hua Holdings PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tong Hua Holdings 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
	=	(0.722	+	0.432)	/	1618.7
	=	0.00

Tong Hua Holdings 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
	=	(2.406	+	2.323)	/	1662.537
	=	0.00

Tong Hua Holdings PCL (BKK:TH) 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.

Tong Hua Holdings PCL Debt-to-Equity Related Terms

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

Tong Hua Holdings PCL (BKK:TH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tong Hua Holdings PCL (BKK:TH) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

877-881 Charoenkrung Road, Talad Noi, Sumpantavong, Bangkok, THA, 10100

Website

https://www.thaizhonghua.com

Tong Hua Holdings PCL operates as an investment company. It is organized into business segments namely Producing and Distributing Newspaper, Publishing, and Providing Printing Service; Space rental for product and service business; Investment Business; and Providing Short-Term Funds in Forms of Factoring, Loans and Asset management.