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Thai Poly Acrylic PCL (BKK:TPA) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is Thai Poly Acrylic PCL Debt-to-Equity?

Thai Poly Acrylic PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2.2 Mil. Thai Poly Acrylic PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿7.9 Mil. Thai Poly Acrylic PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿426.8 Mil. Thai Poly Acrylic PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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

BKK:TPA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Thai Poly Acrylic PCL was 0.03. The lowest was 0.00. And the median was 0.01.

BKK:TPA's Debt-to-Equity is ranked better than
96.25% of 1388 companies
in the Chemicals industry
Industry Median: 0.36 vs BKK:TPA: 0.02

Thai Poly Acrylic PCL Debt-to-Equity Historical Data

The historical data trend for Thai Poly Acrylic 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 Poly Acrylic PCL Debt-to-Equity Chart

Thai Poly Acrylic PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.01 0.03

Thai Poly Acrylic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.03 0.03 0.02

Competitive Comparison of Thai Poly Acrylic PCL's Debt-to-Equity

For the Specialty Chemicals subindustry, Thai Poly Acrylic 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 Poly Acrylic PCL's Debt-to-Equity Distribution in the Chemicals Industry

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

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



Thai Poly Acrylic PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thai Poly Acrylic PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Thai Poly Acrylic PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Thai Poly Acrylic PCL  (BKK:TPA) 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 Poly Acrylic PCL Debt-to-Equity Related Terms

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Thai Poly Acrylic PCL (BKK:TPA) Business Description

Traded in Other Exchanges
N/A
Address
60-61 Moo 9, Putthamonthon Road Sai 4 Road, Krathumlom, Sampran, Nakornpathom, THA, 73220
Thai Poly Acrylic PCL is principally engaged in the manufacture and distribution of acrylic sheets, acrylonitrile butadiene styrene sheets, high impact polystyrene sheets and other extruded plastic sheets. The company generates revenues from its business in Thailand and Overseas markets.

Thai Poly Acrylic PCL (BKK:TPA) Headlines

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