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Planet Communications Asia PCL (BKK:PLANET-F) Debt-to-Equity : 0.70 (As of Mar. 2024)


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What is Planet Communications Asia PCL Debt-to-Equity?

Planet Communications Asia PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿281.77 Mil. Planet Communications Asia PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿87.78 Mil. Planet Communications Asia PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿529.74 Mil. Planet Communications Asia PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.70.

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

BKK:PLANET-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.53   Max: 1.15
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Planet Communications Asia PCL was 1.15. The lowest was 0.12. And the median was 0.53.

BKK:PLANET-F's Debt-to-Equity is ranked worse than
76.77% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs BKK:PLANET-F: 0.70

Planet Communications Asia PCL Debt-to-Equity Historical Data

The historical data trend for Planet Communications Asia 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.

Planet Communications Asia PCL Debt-to-Equity Chart

Planet Communications Asia 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 0.89 0.51 0.12 0.31 0.51

Planet Communications Asia 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 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 0.35 0.72 0.74 0.51 0.70

Competitive Comparison of Planet Communications Asia PCL's Debt-to-Equity

For the Communication Equipment subindustry, Planet Communications Asia 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.


Planet Communications Asia PCL's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Planet Communications Asia PCL's Debt-to-Equity distribution charts can be found below:

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



Planet Communications Asia PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Planet Communications Asia PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Planet Communications Asia PCL  (BKK:PLANET-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.


Planet Communications Asia PCL Debt-to-Equity Related Terms

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Planet Communications Asia PCL (BKK:PLANET-F) Business Description

Traded in Other Exchanges
Address
157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230
Planet Communications Asia PCL is a Thailand based company engaged in the business of distribution, service, installation and maintenance of telecommunication equipment. It operates in the business segments of the Sale of products and solution; Services segment and Service Provider segment. A majority of revenue is derived from the Sale of products and solution segment which involves sell from being a reseller and selling projects as a system integrator and manufacturer.

Planet Communications Asia PCL (BKK:PLANET-F) Headlines

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