International Research PCL (BKK:IRCP) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is International Research PCL Debt-to-Equity?

International Research PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿165 Mil. International Research PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿20 Mil. International Research PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿627 Mil. International Research PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.29.

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

BKK:IRCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.84 Max: 2.65
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of International Research PCL was 2.65. The lowest was 0.29. And the median was 0.84.

BKK:IRCP's Debt-to-Equity is ranked worse than
58.25% of 2223 companies
in the Software industry
Industry Median: 0.21 vs BKK:IRCP: 0.30

International Research PCL Debt-to-Equity Historical Data

The historical data trend for International Research 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.

International Research PCL Debt-to-Equity Chart

International Research PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.51

2.65

1.01

0.29

0.30

International Research PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.20	0.38	0.37	0.30

Competitive Comparison of International Research PCL's Debt-to-Equity

For the Information Technology Services subindustry, International Research 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.

International Research PCL's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, International Research PCL's Debt-to-Equity distribution charts can be found below:

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

International Research PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

International Research 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
	=	(165.247	+	19.753)	/	627.34
	=	0.29

International Research 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
	=	(165.247	+	19.753)	/	627.34
	=	0.29

International Research PCL (BKK:IRCP) 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.

International Research PCL Debt-to-Equity Related Terms

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International Research PCL (BKK:IRCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » International Research Corp PCL (BKK:IRCP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadapisek Road, 7th Floor, 199 Column Tower, Khlong Toei Subdistrict, Khlong Toei District, Bangkok, THA, 10110

Website

https://www.ircp.co.th

International Research Corp PCL is engaged in distribution and rendering system development services of information technology system, network information system, and telecommunication information system. The company operates in two reportable segments: Project business segment and Non-project business segment. The company and its subsidiaries operate in Thailand only.