POSCO-Thainox PCL (BKK:INOX) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is POSCO-Thainox PCL Debt-to-Equity?

POSCO-Thainox PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿23 Mil. POSCO-Thainox PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿24 Mil. POSCO-Thainox PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,985 Mil. POSCO-Thainox PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

BKK:INOX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.17
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of POSCO-Thainox PCL was 0.17. The lowest was 0.00. And the median was 0.01.

BKK:INOX's Debt-to-Equity is ranked better than
99.82% of 558 companies
in the Steel industry
Industry Median: 0.415 vs BKK:INOX: 0.01

POSCO-Thainox PCL Debt-to-Equity Historical Data

The historical data trend for POSCO-Thainox 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.

POSCO-Thainox PCL Debt-to-Equity Chart

POSCO-Thainox PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

POSCO-Thainox 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															-	-	0.01	0.01	0.01

Competitive Comparison of POSCO-Thainox PCL's Debt-to-Equity

For the Steel subindustry, POSCO-Thainox 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.

POSCO-Thainox PCL's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, POSCO-Thainox PCL's Debt-to-Equity distribution charts can be found below:

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

POSCO-Thainox PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

POSCO-Thainox 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
	=	(18.39	+	24.394)	/	8946.676
	=	0.00

POSCO-Thainox 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
	=	(22.553	+	24.182)	/	8984.664
	=	0.01

POSCO-Thainox PCL (BKK:INOX) 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.

POSCO-Thainox PCL Debt-to-Equity Related Terms

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

POSCO-Thainox PCL (BKK:INOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO-Thainox PCL (BKK:INOX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit Road, 622 Emporium Tower, Floor 15/6-8, Klongton, Klongtoey, Bangkok, THA, 10110

Website

http://www.poscothainox.com

POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries. Its segment consists of production and sale of cold-rolled stainless steel in the domestic market from where it earns the majority of the revenue.

POSCO-Thainox PCL (BKK:INOX) Headlines

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