Patrangsit Healthcare Group PCL (BKK:PHG) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Patrangsit Healthcare Group PCL Debt-to-Equity?

Patrangsit Healthcare Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿45 Mil. Patrangsit Healthcare Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿7 Mil. Patrangsit Healthcare Group PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,963 Mil. Patrangsit Healthcare Group PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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

BKK:PHG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.34 Max: 0.51
Current: 0.03

During the past 3 years, the highest Debt-to-Equity Ratio of Patrangsit Healthcare Group PCL was 0.51. The lowest was 0.03. And the median was 0.34.

BKK:PHG's Debt-to-Equity is ranked better than
90.76% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs BKK:PHG: 0.03

Patrangsit Healthcare Group PCL Debt-to-Equity Historical Data

The historical data trend for Patrangsit Healthcare Group 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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Patrangsit Healthcare Group PCL Debt-to-Equity Chart

Patrangsit Healthcare Group PCL Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.51

0.34

0.03

Patrangsit Healthcare Group PCL Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.34	0.32	0.06	0.03

Competitive Comparison of Patrangsit Healthcare Group PCL's Debt-to-Equity

For the Medical Care Facilities subindustry, Patrangsit Healthcare Group 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.

Patrangsit Healthcare Group PCL's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patrangsit Healthcare Group PCL's Debt-to-Equity distribution charts can be found below:

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

Patrangsit Healthcare Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Patrangsit Healthcare Group 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
	=	(45.153	+	6.959)	/	1962.766
	=	0.03

Patrangsit Healthcare Group 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
	=	(45.153	+	6.959)	/	1962.766
	=	0.03

Patrangsit Healthcare Group PCL (BKK:PHG) 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.

Patrangsit Healthcare Group PCL Debt-to-Equity Related Terms

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Patrangsit Healthcare Group PCL (BKK:PHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patrangsit Healthcare Group PCL (BKK:PHG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phaholyothin Road, 733/345 and 733/346 Moo 8, Khu Khot, Lam Luk Ka, Pathum Thani, Bangkok, THA, 12130

Website

https://www.patrangsit.com

Patrangsit Healthcare Group PCL is engaged in the hospital business. It is a medical provider with a team of skilled medical professionals. The company expanded the hospital and area By establishing more hospitals in the network, totaling 3 hospitals, consisting of Phaet Rangsit Hospital, Phaet Rangsit 2 Hospital, and Rangsit Maternal and Child Specialist Hospital To be able to cover a variety of specialized medical services.