Ichitan Group PCL (BKK:ICHI-F) Debt-to-Equity : 0.01 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Ichitan Group PCL Debt-to-Equity?

Ichitan Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿17 Mil. Ichitan Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿51 Mil. Ichitan Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿6,209 Mil. Ichitan Group PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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

BKK:ICHI-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 0.4
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Ichitan Group PCL was 0.40. The lowest was 0.01. And the median was 0.21.

BKK:ICHI-F's Debt-to-Equity is ranked better than
98.86% of 88 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.295 vs BKK:ICHI-F: 0.01

Ichitan Group PCL Debt-to-Equity Historical Data

The historical data trend for Ichitan 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.

Ichitan Group PCL Debt-to-Equity Chart

Ichitan Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.13

0.05

0.01

Ichitan Group PCL 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Ichitan Group PCL's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Ichitan 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.

Ichitan Group PCL's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Debt-to-Equity distribution charts can be found below:

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

Ichitan Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ichitan Group 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
	=	(16.638	+	55.472)	/	5841.51
	=	0.01

Ichitan Group PCL'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
	=	(16.734	+	51.252)	/	6208.528
	=	0.01

Ichitan Group PCL (BKK:ICHI-F) 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.

Ichitan Group PCL Debt-to-Equity Related Terms

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

Ichitan Group PCL (BKK:ICHI-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Ichitan Group PCL (BKK:ICHI-F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ICHI:Thailand

Address

Soi Sukhumvit 40, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110

Website

http://www.ichitangroup.com

Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. Some of its brands include Ichitan, Yen Yen, and others. It also has the rights to Bireley's fruit beverage brand in several Asian and North American countries. The group operates in a single line of business, namely the Beverage business. Ichitan derives most of its revenue from Thailand.

Ichitan Group PCL (BKK:ICHI-F) Headlines

No Headlines