TCM PCL (BKK:TCMC-F) Debt-to-Equity : 1.45 (As of Mar. 2024)

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What is TCM PCL Debt-to-Equity?

TCM PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿807 Mil. TCM PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,506 Mil. TCM PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,290 Mil. TCM PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.45.

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

BKK:TCMC-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.45 Max: 3.37
Current: 1.45

During the past 13 years, the highest Debt-to-Equity Ratio of TCM PCL was 3.37. The lowest was 0.31. And the median was 1.45.

BKK:TCMC-F's Debt-to-Equity is ranked worse than
85.96% of 940 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.435 vs BKK:TCMC-F: 1.45

TCM PCL Debt-to-Equity Historical Data

The historical data trend for TCM 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.

TCM PCL Debt-to-Equity Chart

TCM PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.44

1.41

1.49

1.54

1.41

TCM 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															1.56	1.53	1.45	1.41	1.45

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

For the Textile Manufacturing subindustry, TCM 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.

TCM PCL's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Debt-to-Equity distribution charts can be found below:

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

TCM PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TCM 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
	=	(846.764	+	2485.606)	/	2364.102
	=	1.41

TCM 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
	=	(807.12	+	2505.502)	/	2289.954
	=	1.45

TCM PCL (BKK:TCMC-F) 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.

TCM PCL Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of TCM PCL's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

TCM PCL (BKK:TCMC-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TCM Corp PCL (BKK:TCMC-F) » Definitions » Debt-to-Equity

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TCMC:Thailand

Address

2044/24 New Petchburi Road, Bangkapi, Huaykwang, Bangkok, THA, 10310

Website

https://www.tcm-corporation.com

TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpet. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chair for interior decoration, and the Automotive segment comprising carpet for the floors inside vehicles, vehicles upholstery fabrics. It has a business presence in Thailand, the UK and other countries.

TCM PCL (BKK:TCMC-F) Headlines

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