Ubon Bio Ethanol PCL (BKK:UBE) Debt-to-Equity : 0.21 (As of Dec. 2023)

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What is Ubon Bio Ethanol PCL Debt-to-Equity?

Ubon Bio Ethanol PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿998 Mil. Ubon Bio Ethanol PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿217 Mil. Ubon Bio Ethanol PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿5,741 Mil. Ubon Bio Ethanol PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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

BKK:UBE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 1.19 Max: 1.42
Current: 0.21

During the past 7 years, the highest Debt-to-Equity Ratio of Ubon Bio Ethanol PCL was 1.42. The lowest was 0.14. And the median was 1.19.

BKK:UBE's Debt-to-Equity is ranked better than
67.15% of 1641 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs BKK:UBE: 0.21

Ubon Bio Ethanol PCL Debt-to-Equity Historical Data

The historical data trend for Ubon Bio Ethanol 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.

Ubon Bio Ethanol PCL Debt-to-Equity Chart

Ubon Bio Ethanol PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.30

1.19

0.20

0.14

0.21

Ubon Bio Ethanol PCL Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.14	0.36	0.28	0.21	0.21

Competitive Comparison of Ubon Bio Ethanol PCL's Debt-to-Equity

For the Farm Products subindustry, Ubon Bio Ethanol 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.

Ubon Bio Ethanol PCL's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Ubon Bio Ethanol PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ubon Bio Ethanol 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
	=	(998.377	+	217.496)	/	5740.596
	=	0.21

Ubon Bio Ethanol PCL's Debt to Equity Ratio for the quarter 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
	=	(998.377	+	217.496)	/	5740.596
	=	0.21

Ubon Bio Ethanol PCL (BKK:UBE) 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.

Ubon Bio Ethanol PCL Debt-to-Equity Related Terms

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

Ubon Bio Ethanol PCL (BKK:UBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ubon Bio Ethanol PCL (BKK:UBE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Moo 9, Nadee Sub district, Nayia District, Ubon Ratchathani Province, Ubon Ratchathani, THA, 34160

Website

https://www.ubonbioethanol.com

Ubon Bio Ethanol PCL is engaged in the manufacture and distribution of processed cassava products which include cassava-based ethanol, cassava starch, cassava flour, other organic products, biogas and electricity from biogas and solar power system. The company has three reportable segment Tapioca starch, biogas and electricity, Ethanol and others. Majority of revenue is generated from Ethanol segment.

Ubon Bio Ethanol PCL (BKK:UBE) Headlines

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