TTCL PCL (BKK:TTCL) Debt-to-Equity : 1.25 (As of Mar. 2024)

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What is TTCL PCL Debt-to-Equity?

TTCL PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,706 Mil. TTCL PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,717 Mil. TTCL PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,530 Mil. TTCL PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.25.

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

BKK:TTCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3 Med: 1.61 Max: 3.08
Current: 1.25

During the past 13 years, the highest Debt-to-Equity Ratio of TTCL PCL was 3.08. The lowest was 0.30. And the median was 1.61.

BKK:TTCL's Debt-to-Equity is ranked worse than
82.37% of 1526 companies
in the Construction industry
Industry Median: 0.44 vs BKK:TTCL: 1.25

TTCL PCL Debt-to-Equity Historical Data

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

TTCL PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.51

1.60

1.16

0.99

1.22

TTCL 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															0.96	1.14	1.13	1.22	1.25

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

For the Engineering & Construction subindustry, TTCL 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.

TTCL PCL's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, TTCL PCL's Debt-to-Equity distribution charts can be found below:

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

TTCL PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TTCL 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
	=	(2819.385	+	887.979)	/	3048.908
	=	1.22

TTCL 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
	=	(2706.006	+	1717.23)	/	3529.909
	=	1.25

TTCL PCL (BKK:TTCL) 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.

TTCL PCL Debt-to-Equity Related Terms

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

TTCL PCL (BKK:TTCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TTCL PCL (BKK:TTCL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Soi Sukhumvit 21, Asoke Road, 159 Sermmit Tower, 27th-30th Floor, Klong-Toeynua, Wattana, Bangkok, THA, 10110

Website

http://www.ttcl.com

TTCL PCL is an integrated Engineering, Procurement, and Construction company in Thailand. The company's business operations are engineering services including design, procurement, and construction for integrated industrial factories, energy business, manufacturing and distribution of white pallets, and Torrefaction Technology License Provider. It has two operating segments; the Energy business segment provides services for generating and selling electricity to the government both in Thailand and overseas, and The construction business provides construction services in Thailand and overseas.

TTCL PCL (BKK:TTCL) Headlines

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