Thai Beverage (SGX:Y92) Debt-to-Equity

: 1.13 (As of Mar. 2023)

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Thai Beverage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was S$2,433 Mil. Thai Beverage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was S$5,771 Mil. Thai Beverage's Total Stockholders Equity for the quarter that ended in Mar. 2023 was S$7,240 Mil. Thai Beverage's debt to equity for the quarter that ended in Mar. 2023 was 1.13.

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 Beverage's Debt-to-Equity or its related term are showing as below:

SGX:Y92' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 1.04 Max: 1.92
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Thai Beverage was 1.92. The lowest was 0.32. And the median was 1.04.

SGX:Y92's Debt-to-Equity is ranked worse than
82.42% of 182 companies
in the Beverages - Alcoholic industry
Industry Median: 0.38 vs SGX:Y92: 1.04

Thai Beverage Debt-to-Equity Historical Data

The historical data trend for Thai Beverage'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 Beverage Annual Data

Trend

Dec13

Dec14

Dec15

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

1.90

1.52

1.32

1.04

Thai Beverage Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity																1.32	1.20	1.04	1.13	1.04

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Thai Beverage'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 Beverage Debt-to-Equity Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Thai Beverage's Debt-to-Equity distribution charts can be found below:

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

Thai Beverage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thai Beverage's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(2429.327	+	5522.965)	/	7650.631
	=	1.04

Thai Beverage's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2432.955	+	5771.497)	/	7239.597
	=	1.13

Thai Beverage (SGX:Y92) 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 Beverage Debt-to-Equity Related Terms

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Thai Beverage (SGX:Y92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Thai Beverage PLC (SGX:Y92) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TBVPY:USA TBVPF:USA T6W:Germany

Address

14 Vibhavadi Rangsit Road, Chomphon Sub-District, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaibev.com

Thai Beverage PLC is a Thailand-based company engaged in producing and distributing alcoholic and non-alcoholic beverages and food. The company's operating segment includes Spirits; Beer; Non-alcoholic beverages and Food. It generates maximum revenue from the Beer segment. The Spirits segment is engaged in the production and sales of branded spirits products and soda. Its Beer segment is engaged in the production and sales of raw materials and branded beer products. Geographically, it derives a majority of its revenue from Thailand and also has a presence in the Socialist Republic of Vietnam and Overseas.

Thai Beverage (SGX:Y92) Headlines

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