Sahamit Machinery PCL (BKK:SMIT) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Sahamit Machinery PCL Debt-to-Equity?

Sahamit Machinery PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Sahamit Machinery PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Sahamit Machinery PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,571 Mil. Sahamit Machinery PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Sahamit Machinery PCL was 0.01. The lowest was 0.00. And the median was 0.00.

BKK:SMIT's Debt-to-Equity is not ranked ^*
in the Steel industry.
Industry Median: 0.42
* Ranked among companies with meaningful Debt-to-Equity only.

Sahamit Machinery PCL Debt-to-Equity Historical Data

The historical data trend for Sahamit Machinery 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.

Sahamit Machinery PCL Debt-to-Equity Chart

Sahamit Machinery PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Sahamit Machinery 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															-	-	-	-	-

Competitive Comparison of Sahamit Machinery PCL's Debt-to-Equity

For the Steel subindustry, Sahamit Machinery 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.

Sahamit Machinery PCL's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's Debt-to-Equity distribution charts can be found below:

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

Sahamit Machinery PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sahamit Machinery 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
	=	(0	+	0)	/	2531.613
	=	0.00

Sahamit Machinery 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
	=	(0	+	0)	/	2570.746
	=	0.00

Sahamit Machinery PCL (BKK:SMIT) 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.

Sahamit Machinery PCL Debt-to-Equity Related Terms

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Sahamit Machinery PCL (BKK:SMIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahamit Machinery PCL (BKK:SMIT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

42, 48 Soi chokchaijongjumroen Rama 3 Road, Bangpongpang, Yannawa, Bangkok, THA, 10120

Website

http://www.sahamit.co.th

Sahamit Machinery PCL is a thailand-based company engaged in the distribution of industrial machinery and equipment. It operates in five product groups: special steels, machine tools and tooling, pulp and paper, machinery and equipment for wood processing, and electrical engineering. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others. Steel and Heat treatment include special tool steels, carbonitriding, Annealing, machinery, and carbon steels contribute majority revenue of the firm. Machine tools and tooling products include electrical discharge machine, milling cutters, and inserts for milling. It mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.