Winnergy Medical PCL (BKK:WINMED) Debt-to-Equity : 0.44 (As of Mar. 2024)

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What is Winnergy Medical PCL Debt-to-Equity?

Winnergy Medical PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿184.3 Mil. Winnergy Medical PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿81.4 Mil. Winnergy Medical PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿607.1 Mil. Winnergy Medical PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.44.

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

BKK:WINMED' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.34 Max: 14.49
Current: 0.44

During the past 8 years, the highest Debt-to-Equity Ratio of Winnergy Medical PCL was 14.49. The lowest was 0.11. And the median was 0.34.

BKK:WINMED's Debt-to-Equity is ranked worse than
56.1% of 82 companies
in the Medical Distribution industry
Industry Median: 0.3 vs BKK:WINMED: 0.44

Winnergy Medical PCL Debt-to-Equity Historical Data

The historical data trend for Winnergy Medical 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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Winnergy Medical PCL Debt-to-Equity Chart

Winnergy Medical PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.16

1.14

0.11

0.29

0.42

Winnergy Medical PCL Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															0.26	0.32	0.35	0.42	0.44

Competitive Comparison of Winnergy Medical PCL's Debt-to-Equity

For the Medical Distribution subindustry, Winnergy Medical 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.

Winnergy Medical PCL's Debt-to-Equity Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Winnergy Medical PCL's Debt-to-Equity distribution charts can be found below:

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

Winnergy Medical PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winnergy Medical 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
	=	(170.582	+	85.544)	/	604.015
	=	0.42

Winnergy Medical 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
	=	(184.289	+	81.425)	/	607.065
	=	0.44

Winnergy Medical PCL (BKK:WINMED) 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.

Winnergy Medical PCL Debt-to-Equity Related Terms

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

Winnergy Medical PCL (BKK:WINMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Winnergy Medical PCL (BKK:WINMED) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pracha Uthit Road, No. 634/4 Soi Ramkhamhaeng 39 (Theplila 1), Wang Thong Lang Sub-District, Wang Thong Lang District, Bangkok, THA, 10310

Website

https://www.winmed.com

Winnergy Medical PCL is engaged in the distribution of medical and diagnostics equipment. Its businesses include the distribution of medical devices, chemicals and medical equipment and technology. The group operates in the geographic area of Thailand.

Winnergy Medical PCL (BKK:WINMED) Headlines

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