BTS Group Holdings (BTS Group Holdings) Debt-to-Equity : 4.01 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is BTS Group Holdings Debt-to-Equity?

BTS Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,243.8 Mil. BTS Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,139.4 Mil. BTS Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,341.9 Mil. BTS Group Holdings's debt to equity for the quarter that ended in Dec. 2023 was 4.01.

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 BTS Group Holdings's Debt-to-Equity or its related term are showing as below:

BTGWF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.25 Max: 4.01
Current: 4.01

During the past 13 years, the highest Debt-to-Equity Ratio of BTS Group Holdings was 4.01. The lowest was 0.03. And the median was 1.25.

BTGWF's Debt-to-Equity is ranked worse than
95.12% of 882 companies
in the Transportation industry
Industry Median: 0.565 vs BTGWF: 4.01

BTS Group Holdings Debt-to-Equity Historical Data

The historical data trend for BTS Group Holdings'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.

BTS Group Holdings Debt-to-Equity Chart

BTS Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

Get a 7-Day Free Trial

1.38

1.90

2.53

3.08

BTS Group Holdings 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															2.55	3.08	3.28	3.41	4.01

Competitive Comparison of BTS Group Holdings's Debt-to-Equity

For the Railroads subindustry, BTS Group Holdings'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.

BTS Group Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BTS Group Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BTS Group Holdings's Debt-to-Equity falls into.

BTS Group Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BTS Group Holdings'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
	=	(980.255	+	4028.277)	/	1627.019
	=	3.08

BTS Group Holdings'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
	=	(1243.84	+	4139.393)	/	1341.945
	=	4.01

BTS Group Holdings (OTCPK:BTGWF) 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.

BTS Group Holdings Debt-to-Equity Related Terms

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

BTS Group Holdings (BTS Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BTS Group Holdings PLC (OTCPK:BTGWF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BTS-F:Thailand BTS:Thailand

Address

21 Soi Choei Phuang, Viphavadi-Rangsit Road, 15th Floor, TST Tower, Jompol, Jatujak, Bangkok, THA, 10900

Website

https://www.btsgroup.co.th

BTS Group Holdings PLC is a transport and media company domiciled in Thailand. The company's segments include Move; Mix and Match. It generates maximum revenue from the Move segment. Move segment accounts for the provision of mass transportation services for rail and other. The revenue and cost consist of the electric rail's operating and maintenance service, electric rail's installation and construction services, train procurement services and other related services as well as the provision of the bus rapid transit.