Salee Colour (BKK:COLOR) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is Salee Colour Debt-to-Equity?

Salee Colour's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿311 Mil. Salee Colour's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿51 Mil. Salee Colour's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿817 Mil. Salee Colour's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

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

BKK:COLOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.42 Max: 0.56
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Salee Colour was 0.56. The lowest was 0.22. And the median was 0.42.

BKK:COLOR's Debt-to-Equity is ranked worse than
56.74% of 1394 companies
in the Chemicals industry
Industry Median: 0.355 vs BKK:COLOR: 0.44

Salee Colour Debt-to-Equity Historical Data

The historical data trend for Salee Colour'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.

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Salee Colour Debt-to-Equity Chart

Salee Colour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.47

0.29

0.42

0.46

0.53

Salee Colour 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															0.43	0.49	0.49	0.53	0.44

Competitive Comparison of Salee Colour's Debt-to-Equity

For the Specialty Chemicals subindustry, Salee Colour'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.

Salee Colour's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salee Colour's Debt-to-Equity distribution charts can be found below:

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

Salee Colour Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salee Colour'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
	=	(340.117	+	89.158)	/	816.432
	=	0.53

Salee Colour'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
	=	(310.9	+	50.682)	/	816.649
	=	0.44

Salee Colour (BKK:COLOR) 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.

Salee Colour Debt-to-Equity Related Terms

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

Salee Colour (BKK:COLOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Salee Colour PLC (BKK:COLOR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 858 Moo 2 Soi 1C/1, Bangpu Industrial Estate, Bangpumai, Muang Samutprakan, Samutprakan, THA, 10280

Website

https://www.saleecolour.com

Salee Colour PLC is principally engaged in the manufacture and distribution of pigment pellets and pigment powders. It manufactures high concentration color and additive masterbatch, ready to use the compound for serving all thermoplastic processes and applications. The company's operating segment includes Manufacturing and distribution of masterbatch and compound; Services render of manufacturing of masterbatch and compound; Manufacturing and distribution of fabricated plastic; Distribution of solar energy system parts and Solar energy system installation service.

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