Asia Network International PCL (BKK:ANI) Debt-to-Equity : 0.11 (As of Jun. 2024)

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What is Asia Network International PCL Debt-to-Equity?

Asia Network International PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ฿230 Mil. Asia Network International PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ฿632 Mil. Asia Network International PCL's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ฿7,839 Mil. Asia Network International PCL's debt to equity for the quarter that ended in Jun. 2024 was 0.11.

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

BKK:ANI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.23
Current: 0.11

During the past 3 years, the highest Debt-to-Equity Ratio of Asia Network International PCL was 0.23. The lowest was 0.01. And the median was 0.11.

BKK:ANI's Debt-to-Equity is ranked better than
86.11% of 893 companies
in the Transportation industry
Industry Median: 0.54 vs BKK:ANI: 0.11

Asia Network International PCL Debt-to-Equity Historical Data

The historical data trend for Asia Network International 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.

Asia Network International PCL Debt-to-Equity Chart

Asia Network International PCL Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.01

0.15

Asia Network International PCL Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial				N/A	0.23	0.15	0.12	0.11

Competitive Comparison of Asia Network International PCL's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Asia Network International 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.

Asia Network International PCL's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Network International PCL's Debt-to-Equity distribution charts can be found below:

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

Asia Network International PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Asia Network International 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
	=	(370.819	+	730.425)	/	7605.362
	=	0.14

Asia Network International PCL's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(230.297	+	632.292)	/	7838.73
	=	0.11

Asia Network International PCL (BKK:ANI) 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.

Asia Network International PCL Debt-to-Equity Related Terms

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

Asia Network International PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Network International PCL (BKK:ANI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Klab Chom, Nonsee Road, No. 628, Triple I Building, 6th Floor, Chongnonsee, Yannawa, Bangkok, THA, 10120

Website

https://investor.anicargo.com

Asia Network International PCL is a A holding company with core business in Cargo General Sales and Services Agent or Cargo GSSA for reputable airlines in 8 countries and special administrative region around Southeast Asia. The operations of the company is to provide air-cargo logistics services to both domestic and international customers.

Asia Network International PCL Headlines

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