Thai Energy Storage Technology PCL (BKK:3K-BAT) Debt-to-Equity : 0.13 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Thai Energy Storage Technology PCL Debt-to-Equity?

Thai Energy Storage Technology PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿227 Mil. Thai Energy Storage Technology PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿80 Mil. Thai Energy Storage Technology PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿2,464 Mil. Thai Energy Storage Technology PCL's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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 Energy Storage Technology PCL's Debt-to-Equity or its related term are showing as below:

BKK:3K-BAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.3 Max: 0.42
Current: 0.13

During the past 6 years, the highest Debt-to-Equity Ratio of Thai Energy Storage Technology PCL was 0.42. The lowest was 0.13. And the median was 0.30.

BKK:3K-BAT's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs BKK:3K-BAT: 0.13

Thai Energy Storage Technology PCL Debt-to-Equity Historical Data

The historical data trend for Thai Energy Storage Technology 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 Energy Storage Technology PCL Debt-to-Equity Chart

Thai Energy Storage Technology PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Mar23

Mar24

Debt-to-Equity

Get a 7-Day Free Trial

0.41

0.39

0.36

0.30

0.15

Thai Energy Storage Technology PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.24	0.15	0.14	0.13

Competitive Comparison of Thai Energy Storage Technology PCL's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Thai Energy Storage Technology 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 Energy Storage Technology PCL's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thai Energy Storage Technology PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thai Energy Storage Technology PCL's Debt-to-Equity falls into.

Thai Energy Storage Technology PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thai Energy Storage Technology PCL's Debt to Equity Ratio for the fiscal year 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
	=	(122.544	+	258.061)	/	2476.46
	=	0.15

Thai Energy Storage Technology PCL's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(227.209	+	80.198)	/	2464.302
	=	0.12

Thai Energy Storage Technology PCL (BKK:3K-BAT) 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 Energy Storage Technology PCL Debt-to-Equity Related Terms

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

Thai Energy Storage Technology PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thai Energy Storage Technology PCL (BKK:3K-BAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

387 Moo 4, Sukhumvit Road, Mueang Samut Prakan District, Praekasa Sub-District, Samut Prakan, THA, 10280

Website

https://www.3kbattery.com

Thai Energy Storage Technology PCL is engaged in the manufacturing of batteries. It provides Automotive batteries, Motorcycle Battery, Traction Battery, ED Battery, and Lighting batteries among other products. The company's operations are carried on only in Thailand, with an international customer base.

Thai Energy Storage Technology PCL Headlines

No Headlines