Thai Union Group PCL (Thai Union Group PCL) Debt-to-Equity : 1.17 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Thai Union Group PCL Debt-to-Equity?

Thai Union Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $378 Mil. Thai Union Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,466 Mil. Thai Union Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,579 Mil. Thai Union Group PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.17.

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

TUFUF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.75 Med: 1.16 Max: 1.56
Current: 1.17

During the past 13 years, the highest Debt-to-Equity Ratio of Thai Union Group PCL was 1.56. The lowest was 0.75. And the median was 1.16.

TUFUF's Debt-to-Equity is ranked worse than
81.3% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs TUFUF: 1.17

Thai Union Group PCL Debt-to-Equity Historical Data

The historical data trend for Thai Union 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.

* Premium members only.

Thai Union Group PCL Debt-to-Equity Chart

Thai Union Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.24

1.12

1.20

0.75

1.16

Thai Union Group 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															0.77	0.85	0.87	1.16	1.17

Competitive Comparison of Thai Union Group PCL's Debt-to-Equity

For the Packaged Foods subindustry, Thai Union 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.

Thai Union Group PCL's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Group PCL's Debt-to-Equity distribution charts can be found below:

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

Thai Union Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thai Union 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
	=	(821.6	+	1121.976)	/	1676.002
	=	1.16

Thai Union Group 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
	=	(378.449	+	1466.497)	/	1579.394
	=	1.17

Thai Union Group PCL (OTCPK:TUFUF) 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.

Thai Union Group PCL Debt-to-Equity Related Terms

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

Thai Union Group PCL (Thai Union Group PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Union Group PCL (OTCPK:TUFUF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TUFBY:USA TU:Thailand NVAP:Germany

Address

72/1 Moo 7, Sethakit 1 Road, Tambon Tarsrai, Amphur Muangsamutsakorn, Samut sakhon, THA, 74000

Website

https://www.thaiunion.com

Thai Union Group PCL is a global seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related product (shrimp, lobster, salmon); and pet care and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo.

Thai Union Group PCL (Thai Union Group PCL) Headlines

From GuruFocus

Thai Union, Investor Group Led By International Restaurant Executives, And Red Lobster Management Acquire Red Lobster

By PRNewswire PRNewswire • 08-31-2020