Union Petrochemical PCL (BKK:UKEM) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Union Petrochemical PCL Debt-to-Equity?

Union Petrochemical PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿559 Mil. Union Petrochemical PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿31 Mil. Union Petrochemical PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿817 Mil. Union Petrochemical PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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

BKK:UKEM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 0.65 Max: 0.89
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Union Petrochemical PCL was 0.89. The lowest was 0.49. And the median was 0.65.

BKK:UKEM's Debt-to-Equity is ranked worse than
74.43% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs BKK:UKEM: 0.72

Union Petrochemical PCL Debt-to-Equity Historical Data

The historical data trend for Union Petrochemical 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.

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Union Petrochemical PCL Debt-to-Equity Chart

Union Petrochemical PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.53

0.52

0.69

0.88

0.72

Union Petrochemical 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															0.88	0.94	0.54	0.51	0.72

Competitive Comparison of Union Petrochemical PCL's Debt-to-Equity

For the Chemicals subindustry, Union Petrochemical 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.

Union Petrochemical PCL's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Debt-to-Equity distribution charts can be found below:

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

Union Petrochemical PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Union Petrochemical 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
	=	(559.305	+	31.431)	/	816.985
	=	0.72

Union Petrochemical 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
	=	(559.305	+	31.431)	/	816.985
	=	0.72

Union Petrochemical PCL (BKK:UKEM) 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.

Union Petrochemical PCL Debt-to-Equity Related Terms

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Union Petrochemical PCL (BKK:UKEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Union Petrochemical PCL (BKK:UKEM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

728 Union House Building, Boromrachachonnee Road, Kwang Bangbumru, Khet Bangplad, Bangkok, THA, 10700

Website

https://www.unionpetrochemical.com

Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment and Other segment. Some of its products are Methanol, Iso propyl alcohol, iso butyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified to logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment.

Union Petrochemical PCL (BKK:UKEM) Headlines

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