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TSTE PCL (BKK:TSTE) Debt-to-Equity : 0.38 (As of Dec. 2023)


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What is TSTE PCL Debt-to-Equity?

TSTE PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,051 Mil. TSTE PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿240 Mil. TSTE PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿3,431 Mil. TSTE PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.38.

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

BKK:TSTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 0.92
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of TSTE PCL was 0.92. The lowest was 0.14. And the median was 0.38.

BKK:TSTE's Debt-to-Equity is ranked better than
52.22% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BKK:TSTE: 0.38

TSTE PCL Debt-to-Equity Historical Data

The historical data trend for TSTE 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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TSTE PCL Debt-to-Equity Chart

TSTE PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.14 0.20 0.29 0.38

TSTE PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.27 0.35 0.39 0.38

Competitive Comparison of TSTE PCL's Debt-to-Equity

For the Farm Products subindustry, TSTE 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.


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

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

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



TSTE PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TSTE PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TSTE PCL's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


TSTE PCL  (BKK:TSTE) 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.


TSTE PCL Debt-to-Equity Related Terms

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


TSTE PCL (BKK:TSTE) Business Description

Traded in Other Exchanges
N/A
Address
90 Moo 1, Soi Siamsilo, Poochaosamingprai Road, Tambon Samrongklang, Ampher Phrapradaeng, Samutprakarn, THA, 10130
Thai Sugar Terminal PCL is engaged in the businesses relating to transfer and transportation services for sugar and certain agriculture products, land rental, warehouse and other assets rental, land trading operation, land lots appropriation and construction of buildings on land for sale, rental office and commercial units.

TSTE PCL (BKK:TSTE) Headlines

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