Well Graded Engineering PCL (BKK:WGE) Debt-to-Equity : 1.33 (As of Mar. 2024)

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What is Well Graded Engineering PCL Debt-to-Equity?

Well Graded Engineering PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿419 Mil. Well Graded Engineering PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿9 Mil. Well Graded Engineering PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿322 Mil. Well Graded Engineering PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.33.

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 Well Graded Engineering PCL's Debt-to-Equity or its related term are showing as below:

BKK:WGE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.34 Max: 1.36
Current: 1.36

During the past 5 years, the highest Debt-to-Equity Ratio of Well Graded Engineering PCL was 1.36. The lowest was 0.11. And the median was 0.34.

BKK:WGE's Debt-to-Equity is ranked worse than
84.75% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs BKK:WGE: 1.36

Well Graded Engineering PCL Debt-to-Equity Historical Data

The historical data trend for Well Graded Engineering 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.

Well Graded Engineering PCL Debt-to-Equity Chart

Well Graded Engineering PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.11

0.34

0.58

1.36

Well Graded Engineering PCL Quarterly Data
	Jun19	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														0.86	0.84	0.87	1.36	1.33

Competitive Comparison of Well Graded Engineering PCL's Debt-to-Equity

For the Engineering & Construction subindustry, Well Graded Engineering 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.

Well Graded Engineering PCL's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Well Graded Engineering PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Well Graded Engineering PCL's Debt-to-Equity falls into.

Well Graded Engineering PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Well Graded Engineering 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
	=	(355.646	+	49.813)	/	297.574
	=	1.36

Well Graded Engineering 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
	=	(418.979	+	8.538)	/	322.386
	=	1.33

Well Graded Engineering PCL (BKK:WGE) 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.

Well Graded Engineering PCL Debt-to-Equity Related Terms

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Well Graded Engineering PCL (BKK:WGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Well Graded Engineering PCL (BKK:WGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50/1203 Moo 9, Bangpood, Pakkred, Nonthaburi, THA, 11120

Website

https://www.well-graded.com

Well Graded Engineering PCL is an engineering and construction company. The company is engaged in the business of construction work services and consultants for the design and supervision of construction, engineering, and architecture works. Its projects portfolio includes High Rise Condo; Low Rise Condo; Office Building; Hospital; Sales Gallery; Community Mall; an Interior; Factory; Public Utility System; and Renovate.

Well Graded Engineering PCL (BKK:WGE) Headlines

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