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Bless Asset Group PCL (BKK:BLESS) Debt-to-Equity : 0.85 (As of Dec. 2024)


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What is Bless Asset Group PCL Debt-to-Equity?

Bless Asset Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿992.8 Mil. Bless Asset Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿5.4 Mil. Bless Asset Group PCL's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ฿1,173.8 Mil. Bless Asset Group PCL's debt to equity for the quarter that ended in Dec. 2024 was 0.85.

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 Bless Asset Group PCL's Debt-to-Equity or its related term are showing as below:

BKK:BLESS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.74   Med: 1.33   Max: 1.7
Current: 0.85

During the past 7 years, the highest Debt-to-Equity Ratio of Bless Asset Group PCL was 1.70. The lowest was 0.74. And the median was 1.33.

BKK:BLESS's Debt-to-Equity is ranked worse than
56.01% of 1548 companies
in the Real Estate industry
Industry Median: 0.71 vs BKK:BLESS: 0.85

Bless Asset Group PCL Debt-to-Equity Historical Data

The historical data trend for Bless Asset Group 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.

Bless Asset Group PCL Debt-to-Equity Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial 1.55 1.33 0.74 0.86 0.85

Bless Asset Group PCL Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.92 0.89 0.86 0.85

Competitive Comparison of Bless Asset Group PCL's Debt-to-Equity

For the Real Estate - Development subindustry, Bless Asset Group 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.


Bless Asset Group PCL's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bless Asset Group PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bless Asset Group PCL's Debt-to-Equity falls into.


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Bless Asset Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bless Asset Group PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Bless Asset Group PCL's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


Bless Asset Group PCL  (BKK:BLESS) 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.


Bless Asset Group PCL Debt-to-Equity Related Terms

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Bless Asset Group PCL Business Description

Traded in Other Exchanges
N/A
Address
609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the development of residential real estate for sale. Its operations are carried on only in Thailand.

Bless Asset Group PCL Headlines

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