G-Able PCL (BKK:GABLE) Debt-to-Equity : 0.14 (As of Sep. 2024)

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What is G-Able PCL Debt-to-Equity?

G-Able PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿223 Mil. G-Able PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿70 Mil. G-Able PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿2,103 Mil. G-Able PCL's debt to equity for the quarter that ended in Sep. 2024 was 0.14.

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 G-Able PCL's Debt-to-Equity or its related term are showing as below:

BKK:GABLE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 0.71
Current: 0.14

During the past 4 years, the highest Debt-to-Equity Ratio of G-Able PCL was 0.71. The lowest was 0.06. And the median was 0.14.

BKK:GABLE's Debt-to-Equity is ranked better than
59.64% of 2210 companies
in the Software industry
Industry Median: 0.22 vs BKK:GABLE: 0.14

G-Able PCL Debt-to-Equity Historical Data

The historical data trend for G-Able 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.

G-Able PCL Debt-to-Equity Chart

G-Able PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.07

0.06

0.71

0.07

G-Able PCL Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial								0.06	0.07	0.14	0.63	0.14

Competitive Comparison of G-Able PCL's Debt-to-Equity

For the Information Technology Services subindustry, G-Able 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.

G-Able PCL's Debt-to-Equity Distribution in the Software Industry

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

* The bar in red indicates where G-Able PCL's Debt-to-Equity falls into.

G-Able PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

G-Able 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
	=	(64.104	+	80.398)	/	2178.912
	=	0.07

G-Able 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
	=	(223.427	+	70.442)	/	2102.958
	=	0.14

G-Able PCL (BKK:GABLE) 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.

G-Able PCL Debt-to-Equity Related Terms

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

G-Able PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » G-Able PCL (BKK:GABLE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nonsee Road, 25th Floor, 127/30 Panjathani Tower, Kwang Chongnonsee, Khet Yannawa, Bangkok, THA, 10120

Website

https://www.g-able.com

G-Able PCL is engaged in the distribution and provision of services related to the installation, development and integration of computer systems, software and related equipment. The company has three reportable segment. The development & implementation segment, which is mainly responsible for planning & designing information technology system as well as providing & installing both hardware & software. The maintenance segment, which provides maintenance services for the information technology system. The information technology services segment, which provides other IT services than the development, implementation, & maintenance. The majority is from the development and implementation segment. Geographically, it operates in Thailand.

G-Able PCL Headlines

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