Proen PCL (BKK:PROEN) Debt-to-Equity : 1.28 (As of Mar. 2024)

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What is Proen PCL Debt-to-Equity?

Proen PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿206.8 Mil. Proen PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿502.4 Mil. Proen PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿554.3 Mil. Proen PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.28.

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

BKK:PROEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.25 Max: 2.21
Current: 1.28

During the past 5 years, the highest Debt-to-Equity Ratio of Proen PCL was 2.21. The lowest was 0.31. And the median was 1.25.

BKK:PROEN's Debt-to-Equity is ranked worse than
71.59% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs BKK:PROEN: 1.28

Proen PCL Debt-to-Equity Historical Data

The historical data trend for Proen 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.

Proen PCL Debt-to-Equity Chart

Proen PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.21

1.44

0.43

1.21

1.35

Proen PCL Quarterly Data
	Dec19	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												1.21	1.03	1.01	1.35	1.28

Competitive Comparison of Proen PCL's Debt-to-Equity

For the Telecom Services subindustry, Proen 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.

Proen PCL's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Debt-to-Equity distribution charts can be found below:

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

Proen PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Proen 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
	=	(576.131	+	178.518)	/	557.52
	=	1.35

Proen 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
	=	(206.768	+	502.445)	/	554.281
	=	1.28

Proen PCL (BKK:PROEN) 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.

Proen PCL Debt-to-Equity Related Terms

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Proen PCL (BKK:PROEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proen Corp PCL (BKK:PROEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500

Website

https://www.proen.co.th

Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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