PM Thoresen Asia Holdings PCL (BKK:PMTA) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is PM Thoresen Asia Holdings PCL Debt-to-Equity?

PM Thoresen Asia Holdings PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿395 Mil. PM Thoresen Asia Holdings PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿104 Mil. PM Thoresen Asia Holdings PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,658 Mil. PM Thoresen Asia Holdings PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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 PM Thoresen Asia Holdings PCL's Debt-to-Equity or its related term are showing as below:

BKK:PMTA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.24 Max: 0.47
Current: 0.3

During the past 10 years, the highest Debt-to-Equity Ratio of PM Thoresen Asia Holdings PCL was 0.47. The lowest was 0.06. And the median was 0.24.

BKK:PMTA's Debt-to-Equity is ranked better than
53.88% of 219 companies
in the Agriculture industry
Industry Median: 0.35 vs BKK:PMTA: 0.30

PM Thoresen Asia Holdings PCL Debt-to-Equity Historical Data

The historical data trend for PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL Debt-to-Equity Chart

PM Thoresen Asia Holdings PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.23

0.24

0.47

0.30

PM Thoresen Asia Holdings PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.47	0.36	0.36	0.20	0.30

Competitive Comparison of PM Thoresen Asia Holdings PCL's Debt-to-Equity

For the Agricultural Inputs subindustry, PM Thoresen Asia Holdings 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.

PM Thoresen Asia Holdings PCL's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, PM Thoresen Asia Holdings PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PM Thoresen Asia Holdings PCL's Debt-to-Equity falls into.

PM Thoresen Asia Holdings PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PM Thoresen Asia Holdings 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
	=	(395.021	+	103.609)	/	1658.131
	=	0.30

PM Thoresen Asia Holdings PCL's Debt to Equity Ratio for the quarter 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
	=	(395.021	+	103.609)	/	1658.131
	=	0.30

PM Thoresen Asia Holdings PCL (BKK:PMTA) 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.

PM Thoresen Asia Holdings PCL Debt-to-Equity Related Terms

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PM Thoresen Asia Holdings PCL (BKK:PMTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » PM Thoresen Asia Holdings PCL (BKK:PMTA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Soi Chidlom, Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Lumpinee, Pathumwan, Bangkok, THA, 10330

Website

https://www.pmthoresenasia.com

PM Thoresen Asia Holdings PCL is a Thailand-based investment holding company. The primary activities of the company and its subsidiaries include the manufacture of nitrogen-phosphorus-potassium (NPK) synthesized chemical and micro-element fertilizers, distribution of new seeds and agricultural materials, as well as manufacture, import, and export of plant protection chemicals and macronutrient products. It has two products segments: Manufacture of Fertilizer and crop care products and Factory area management services. The company earns majority of its revenue through the manufacture of fertilizer and crop care products. It has a business presence in Vietnam and other countries.

PM Thoresen Asia Holdings PCL (BKK:PMTA) Headlines

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