Tanachira Retail PCL (BKK:TAN) Debt-to-Equity : 0.44 (As of Dec. 2024)

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What is Tanachira Retail PCL Debt-to-Equity?

Tanachira Retail PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿449 Mil. Tanachira Retail PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿269 Mil. Tanachira Retail PCL's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ฿1,625 Mil. Tanachira Retail PCL's debt to equity for the quarter that ended in Dec. 2024 was 0.44.

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

BKK:TAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 3.76 Max: 7.28
Current: 0.44

During the past 5 years, the highest Debt-to-Equity Ratio of Tanachira Retail PCL was 7.28. The lowest was 0.32. And the median was 3.76.

BKK:TAN's Debt-to-Equity is ranked better than
58.79% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs BKK:TAN: 0.44

Tanachira Retail PCL Debt-to-Equity Historical Data

The historical data trend for Tanachira Retail 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.

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Tanachira Retail PCL Debt-to-Equity Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

6.23

7.28

3.76

0.32

0.44

Tanachira Retail PCL Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial							0.32	0.33	0.38	0.42	0.44

Competitive Comparison of Tanachira Retail PCL's Debt-to-Equity

For the Luxury Goods subindustry, Tanachira Retail 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.

Tanachira Retail PCL's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tanachira Retail PCL's Debt-to-Equity distribution charts can be found below:

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

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Tanachira Retail PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tanachira Retail PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(449.344	+	268.97)	/	1624.966
	=	0.44

Tanachira Retail PCL's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(449.344	+	268.97)	/	1624.966
	=	0.44

Tanachira Retail PCL (BKK:TAN) 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.

Tanachira Retail PCL Debt-to-Equity Related Terms

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Tanachira Retail PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand-based retailer importing lifestyle and fashion products. The company includes Lifestyle, Fashion, Beauty and Wellness, and Food and Beverages Business. Majority of revenue is from Lifestyle Business.