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Yong Concrete PCL (BKK:YONG) Debt-to-Equity : 0.22 (As of Mar. 2024)


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What is Yong Concrete PCL Debt-to-Equity?

Yong Concrete PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿139 Mil. Yong Concrete PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿65 Mil. Yong Concrete PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿941 Mil. Yong Concrete PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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

BKK:YONG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 0.82   Max: 1.47
Current: 0.23

During the past 4 years, the highest Debt-to-Equity Ratio of Yong Concrete PCL was 1.47. The lowest was 0.23. And the median was 0.82.

BKK:YONG's Debt-to-Equity is ranked better than
65.44% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs BKK:YONG: 0.23

Yong Concrete PCL Debt-to-Equity Historical Data

The historical data trend for Yong Concrete 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.

Yong Concrete PCL Debt-to-Equity Chart

Yong Concrete PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
1.47 1.20 0.43 0.23

Yong Concrete PCL Quarterly Data
Dec20 Mar21 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 0.37 0.35 0.28 0.23 0.22

Competitive Comparison of Yong Concrete PCL's Debt-to-Equity

For the Building Materials subindustry, Yong Concrete 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.


Yong Concrete PCL's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yong Concrete PCL's Debt-to-Equity distribution charts can be found below:

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



Yong Concrete PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Yong Concrete 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.


Yong Concrete PCL  (BKK:YONG) 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.


Yong Concrete PCL Debt-to-Equity Related Terms

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


Yong Concrete PCL (BKK:YONG) Business Description

Traded in Other Exchanges
N/A
Address
148/9 Moo 3, Wangkanai Subdistrict, Tha Muang District, Kanchanaburi, THA, 71110
Yong Concrete PCL manufactures and distributes precast concrete products such as precast structures, beams, columns and walls, precast concrete, fence, concrete power pole, stone edge, prestressed concrete pipe and prefabricated concrete slabs.

Yong Concrete PCL (BKK:YONG) Headlines

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