STC Concrete Product (BKK:STC) Debt-to-Equity : 0.82 (As of Mar. 2024)

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What is STC Concrete Product Debt-to-Equity?

STC Concrete Product's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿222.5 Mil. STC Concrete Product's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿77.2 Mil. STC Concrete Product's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿364.1 Mil. STC Concrete Product's debt to equity for the quarter that ended in Mar. 2024 was 0.82.

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 STC Concrete Product's Debt-to-Equity or its related term are showing as below:

BKK:STC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.44 Max: 0.82
Current: 0.82

During the past 7 years, the highest Debt-to-Equity Ratio of STC Concrete Product was 0.82. The lowest was 0.15. And the median was 0.44.

BKK:STC's Debt-to-Equity is ranked worse than
80.06% of 356 companies
in the Building Materials industry
Industry Median: 0.38 vs BKK:STC: 0.82

STC Concrete Product Debt-to-Equity Historical Data

The historical data trend for STC Concrete Product'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.

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STC Concrete Product Debt-to-Equity Chart

STC Concrete Product Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.15

0.28

0.35

0.54

0.80

STC Concrete Product 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															0.58	0.67	0.79	0.80	0.82

Competitive Comparison of STC Concrete Product's Debt-to-Equity

For the Building Materials subindustry, STC Concrete Product'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.

STC Concrete Product's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, STC Concrete Product's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where STC Concrete Product's Debt-to-Equity falls into.

STC Concrete Product Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

STC Concrete Product'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
	=	(205.71	+	88.28)	/	366.285
	=	0.80

STC Concrete Product'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
	=	(222.483	+	77.239)	/	364.135
	=	0.82

STC Concrete Product (BKK:STC) 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.

STC Concrete Product Debt-to-Equity Related Terms

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STC Concrete Product (BKK:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » STC Concrete Product PLC (BKK:STC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

220/26 Moo 6, Sukhumvit Road, Nakluea Subdistrict, Banglamung District, Chonburi Province, Pattaya, THA, 20150

Website

https://www.stc.co.th

STC Concrete Product PLC is engaged in the production and distribution of precast concrete products under the trademark STC CONCRETE. Its products portfolio includes ready mixed concrete, concrete drainage pipes, precast concrete slabs, prestressed concrete pile, lightweight gray brick block, and prefabricated fence panels. The company operates in only one reportable segment that is manufacture and sales of ready-mixed concrete and aggregate and the single geographical area of its operations in Thailand.