Advanced Information Technology PCL (BKK:AIT) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Advanced Information Technology PCL Debt-to-Equity?

Advanced Information Technology PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿6 Mil. Advanced Information Technology PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿4 Mil. Advanced Information Technology PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿4,324 Mil. Advanced Information Technology PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Advanced Information Technology PCL was 0.56. The lowest was 0.00. And the median was 0.05.

BKK:AIT's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Advanced Information Technology PCL Debt-to-Equity Historical Data

The historical data trend for Advanced Information 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.

Advanced Information Technology PCL Debt-to-Equity Chart

Advanced Information Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.09

0.01

Advanced Information Technology 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															-	-	-	-	-

Competitive Comparison of Advanced Information Technology PCL's Debt-to-Equity

For the Information Technology Services subindustry, Advanced Information 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.

Advanced Information Technology PCL's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where Advanced Information Technology PCL's Debt-to-Equity falls into.

Advanced Information Technology PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advanced Information Technology 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
	=	(5.694	+	5.161)	/	4053.271
	=	0.00

Advanced Information Technology 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
	=	(5.877	+	4.28)	/	4323.993
	=	0.00

Advanced Information Technology PCL (BKK:AIT) 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.

Advanced Information Technology PCL Debt-to-Equity Related Terms

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Advanced Information Technology PCL (BKK:AIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Information Technology PCL (BKK:AIT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

37/2 Suthisarnvinijchai Road, Samsaennok, Huaykwang, Bangkok, THA, 10320

Website

https://www.ait.co.th

Advanced Information Technology PCL is engaged in the sale, design, installation, service, ongoing repair and maintenance, training, lump-sum turnkey for information and communication technology network systems, and the renting of computers and electronic equipment. The company operates in two business segments: Sales and Service and revenue from construction contracts; and Rental of Equipment. The majority of its revenue comes from Sale and Service and Revenue from the construction contracts segment. The company offers its services only to the Thailand region.