Thai Mitsuwa PCL (BKK:TMW) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Thai Mitsuwa PCL Debt-to-Equity?

Thai Mitsuwa PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1 Mil. Thai Mitsuwa PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿0 Mil. Thai Mitsuwa PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿3,068 Mil. Thai Mitsuwa PCL's debt to equity for the quarter that ended in Dec. 2023 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 Thai Mitsuwa 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 Thai Mitsuwa PCL was 0.14. The lowest was 0.00. And the median was 0.04.

BKK:TMW's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.36
* Ranked among companies with meaningful Debt-to-Equity only.

Thai Mitsuwa PCL Debt-to-Equity Historical Data

The historical data trend for Thai Mitsuwa 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.

Thai Mitsuwa PCL Debt-to-Equity Chart

Thai Mitsuwa PCL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.09

0.06

0.02

Thai Mitsuwa PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Thai Mitsuwa PCL's Debt-to-Equity

For the Specialty Chemicals subindustry, Thai Mitsuwa 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.

Thai Mitsuwa PCL's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Mitsuwa PCL's Debt-to-Equity distribution charts can be found below:

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

Thai Mitsuwa PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thai Mitsuwa PCL's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.838	+	0.588)	/	2737.386
	=	0.00

Thai Mitsuwa PCL's Debt to Equity Ratio for the quarter 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
	=	(0.816	+	0)	/	3068.232
	=	0.00

Thai Mitsuwa PCL (BKK:TMW) 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.

Thai Mitsuwa PCL Debt-to-Equity Related Terms

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Thai Mitsuwa PCL (BKK:TMW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Thai Mitsuwa PCL (BKK:TMW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Moo 2, Tambol Banchang, Amphur Muang, Pathum Thani, THA, 12000

Website

http://www.thaimitsuwa.com

Thai Mitsuwa PCL is a Thailand-based manufacturing company. The company's operating segment includes the manufacture and sales of plastic; the manufacture and sales of magnesium and the manufacture and sales of mold. It generates maximum revenue from the manufacture and sales of the magnesium segment. The product portfolio of the company includes Automotive parts comprising plastic parts for fenders front, rear panels, and door handles; Home Appliances comprising plastic parts for audio-video products like DVD and Home systems and magnesium products.

Thai Mitsuwa PCL (BKK:TMW) Headlines

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