TQR PCL (BKK:TQR) Debt-to-Equity : 0.02 (As of Sep. 2024)

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What is TQR PCL Debt-to-Equity?

TQR PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿2.6 Mil. TQR PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿6.1 Mil. TQR PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿488.3 Mil. TQR PCL's debt to equity for the quarter that ended in Sep. 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 TQR PCL's Debt-to-Equity or its related term are showing as below:

BKK:TQR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.13
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of TQR PCL was 0.13. The lowest was 0.01. And the median was 0.02.

BKK:TQR's Debt-to-Equity is ranked better than
91.95% of 385 companies
in the Insurance industry
Industry Median: 0.21 vs BKK:TQR: 0.02

TQR PCL Debt-to-Equity Historical Data

The historical data trend for TQR 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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TQR PCL Debt-to-Equity Chart

TQR PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec21

Dec22

Dec23

Debt-to-Equity

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0.07

0.06

0.03

0.02

0.01

TQR PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.02

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

For the Insurance - Reinsurance subindustry, TQR 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.

TQR PCL's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, TQR PCL's Debt-to-Equity distribution charts can be found below:

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

TQR PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TQR 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
	=	(2.192	+	2.472)	/	498.226
	=	0.01

TQR PCL's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(2.649	+	6.105)	/	488.333
	=	0.02

TQR PCL (BKK:TQR) 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.

TQR PCL Debt-to-Equity Related Terms

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

TQR PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » TQR PCL (BKK:TQR) » Definitions » Debt-to-Equity

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TQR-R:Thailand

Address

Ratchadapisek Road, 46/7 Rungrojthanakul Building, 8th Floor, Huaykwang, Bangkok, THA, 10310

Website

https://www.tqr.co.th

TQR PCL is an integrated reinsurance solution provider. It operates in three segments: Traditional Business, which includes general insurance broker; Alternatives Business, which includes Reinsurance consultant together with developing new channels and new products; and Others. It also offers Treaty and Facultative Reinsurance. The majority of revenue is generated from the Alternative Business segment. Geographically, it operates mainly in Thailand.

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