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Grand Canal Land PCL (BKK:GLAND) Debt-to-Equity : 0.42 (As of Sep. 2024)


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What is Grand Canal Land PCL Debt-to-Equity?

Grand Canal Land PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿1,528 Mil. Grand Canal Land PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿5,136 Mil. Grand Canal Land PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿15,860 Mil. Grand Canal Land PCL's debt to equity for the quarter that ended in Sep. 2024 was 0.42.

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 Grand Canal Land PCL's Debt-to-Equity or its related term are showing as below:

BKK:GLAND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.65   Max: 1.19
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Grand Canal Land PCL was 1.19. The lowest was 0.41. And the median was 0.65.

BKK:GLAND's Debt-to-Equity is ranked better than
65.21% of 1558 companies
in the Real Estate industry
Industry Median: 0.735 vs BKK:GLAND: 0.42

Grand Canal Land PCL Debt-to-Equity Historical Data

The historical data trend for Grand Canal Land 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.

Grand Canal Land PCL Debt-to-Equity Chart

Grand Canal Land PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.49 0.45 0.42 0.41

Grand Canal Land PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 0.42 0.41 0.41 0.44 0.42

Competitive Comparison of Grand Canal Land PCL's Debt-to-Equity

For the Real Estate Services subindustry, Grand Canal Land 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.


Grand Canal Land PCL's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand Canal Land PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grand Canal Land PCL's Debt-to-Equity falls into.



Grand Canal Land PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grand Canal Land PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Grand Canal Land PCL's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Grand Canal Land PCL  (BKK:GLAND) 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.


Grand Canal Land PCL Debt-to-Equity Related Terms

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Grand Canal Land PCL Business Description

Traded in Other Exchanges
Address
33/4 Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Grand Canal Land PCL is a Thailand based property development company. It operates in two business segments including the Real estate for sale business and Real estate for rental and service business. Real estate for sale business, consists of land and house projects and residential condominium projects; Real estate for rental and service business, consists of an office building for rent project. The company generates maximum revenue from the Real estate for rental and service business segment.

Grand Canal Land PCL Headlines

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