AIRA Capital PCL (BKK:AIRA-F) Debt-to-Equity : 1.30 (As of Mar. 2024)

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What is AIRA Capital PCL Debt-to-Equity?

AIRA Capital PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿3,707 Mil. AIRA Capital PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿687 Mil. AIRA Capital PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,385 Mil. AIRA Capital PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.30.

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

BKK:AIRA-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.97 Max: 1.98
Current: 1.3

During the past 11 years, the highest Debt-to-Equity Ratio of AIRA Capital PCL was 1.98. The lowest was 0.57. And the median was 0.97.

BKK:AIRA-F's Debt-to-Equity is ranked worse than
79.02% of 610 companies
in the Capital Markets industry
Industry Median: 0.36 vs BKK:AIRA-F: 1.30

AIRA Capital PCL Debt-to-Equity Historical Data

The historical data trend for AIRA Capital 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.

AIRA Capital PCL Debt-to-Equity Chart

AIRA Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.91

1.04

1.28

1.19

1.27

AIRA Capital 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															1.23	1.16	1.14	1.27	1.30

Competitive Comparison of AIRA Capital PCL's Debt-to-Equity

For the Capital Markets subindustry, AIRA Capital 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.

AIRA Capital PCL's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's Debt-to-Equity distribution charts can be found below:

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

AIRA Capital PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AIRA Capital 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
	=	(3637.37	+	710.769)	/	3411.832
	=	1.27

AIRA Capital 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
	=	(3707.083	+	686.928)	/	3385.232
	=	1.30

AIRA Capital PCL (BKK:AIRA-F) 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.

AIRA Capital PCL Debt-to-Equity Related Terms

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

AIRA Capital PCL (BKK:AIRA-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AIRA Capital PCL (BKK:AIRA-F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AIRA:Thailand

Address

Phayathai Road, No. 319, Chamchuri Square, 12th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330

Website

https://www.airacapital.co.th

AIRA Capital PCL is an investment firm providing a range of financial products under the approved licenses. It operates with five business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and property development which involves the development of properties. It derives majority income from brokerage fees, management fees and interest and dividends on investment.

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