Phol Dhanya PCL (BKK:PHOL) Debt-to-Equity : 0.22 (As of Mar. 2024)

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What is Phol Dhanya PCL Debt-to-Equity?

Phol Dhanya PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿82.8 Mil. Phol Dhanya PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1.8 Mil. Phol Dhanya PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿389.7 Mil. Phol Dhanya PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.22.

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

BKK:PHOL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.32 Max: 1.52
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Phol Dhanya PCL was 1.52. The lowest was 0.17. And the median was 0.32.

BKK:PHOL's Debt-to-Equity is ranked better than
62.54% of 921 companies
in the Business Services industry
Industry Median: 0.37 vs BKK:PHOL: 0.22

Phol Dhanya PCL Debt-to-Equity Historical Data

The historical data trend for Phol Dhanya 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.

Phol Dhanya PCL Debt-to-Equity Chart

Phol Dhanya PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.22

0.21

0.31

0.25

Phol Dhanya PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.31	0.17	0.23	0.25	0.22

Competitive Comparison of Phol Dhanya PCL's Debt-to-Equity

For the Security & Protection Services subindustry, Phol Dhanya 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.

Phol Dhanya PCL's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Phol Dhanya PCL's Debt-to-Equity distribution charts can be found below:

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

Phol Dhanya PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phol Dhanya 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
	=	(93.015	+	1.649)	/	374.275
	=	0.25

Phol Dhanya 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
	=	(82.809	+	1.84)	/	389.741
	=	0.22

Phol Dhanya PCL (BKK:PHOL) 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.

Phol Dhanya PCL Debt-to-Equity Related Terms

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

Phol Dhanya PCL (BKK:PHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Phol Dhanya PCL (BKK:PHOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/11 Moo 3 Lamlukka Road, Tambol Ladsawai, Amphur Lamlukka, Pathumthani, THA, 12150

Website

https://www.pdgth.com

Phol Dhanya PCL is a Thailand-based company engaged in the trading business. It is involved in the distribution of safety, health, and environmental products, and the distribution, production, and servicing of water treatment systems. The operating segments of the group are Trading in Health and Safety Products, Water treatment systems, and Water supply systems for villages. It generates the majority of the revenue from the Trading in Health and Safety Products segment. The company offers products like firefighting suits, gas meters, fall protection devices, gloves, dust masks and chemical masks, and other related products. The group operates in Thailand, and internationally of which the majority of the revenue is derived from Thailand.

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