SG Capital PCL (BKK:SGC) Debt-to-Equity : 3.24 (As of Dec. 2023)

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What is SG Capital PCL Debt-to-Equity?

SG Capital PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿2,368 Mil. SG Capital PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿7,731 Mil. SG Capital PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿3,121 Mil. SG Capital PCL's debt to equity for the quarter that ended in Dec. 2023 was 3.24.

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

BKK:SGC' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.96 Med: 3.24 Max: 6.47
Current: 3.24

During the past 5 years, the highest Debt-to-Equity Ratio of SG Capital PCL was 6.47. The lowest was 1.96. And the median was 3.24.

BKK:SGC's Debt-to-Equity is ranked worse than
77.37% of 433 companies
in the Credit Services industry
Industry Median: 1.13 vs BKK:SGC: 3.24

SG Capital PCL Debt-to-Equity Historical Data

The historical data trend for SG 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.

SG Capital PCL Debt-to-Equity Chart

SG Capital PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

6.47

5.84

3.11

1.96

3.24

SG Capital PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						1.96	1.88	3.26	3.25	3.24

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

For the Credit Services subindustry, SG 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.

SG Capital PCL's Debt-to-Equity Distribution in the Credit Services Industry

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

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

SG Capital PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SG 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
	=	(2368.037	+	7731.151)	/	3121.444
	=	3.24

SG Capital 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
	=	(2368.037	+	7731.151)	/	3121.444
	=	3.24

SG Capital PCL (BKK:SGC) 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.

SG Capital PCL Debt-to-Equity Related Terms

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SG Capital PCL (BKK:SGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SG Capital PCL (BKK:SGC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.sgcapital.co.th

SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.