Platt Nera International (HKSE:01949) Debt-to-Equity : 0.81 (As of Jun. 2024)

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What is Platt Nera International Debt-to-Equity?

Platt Nera International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$41.26 Mil. Platt Nera International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$41.56 Mil. Platt Nera International's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$101.84 Mil. Platt Nera International's debt to equity for the quarter that ended in Jun. 2024 was 0.81.

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 Platt Nera International's Debt-to-Equity or its related term are showing as below:

HKSE:01949' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.61 Med: 0.68 Max: 3.05
Current: 0.93

During the past 9 years, the highest Debt-to-Equity Ratio of Platt Nera International was 3.05. The lowest was -5.61. And the median was 0.68.

HKSE:01949's Debt-to-Equity is ranked worse than
83.73% of 2201 companies
in the Software industry
Industry Median: 0.21 vs HKSE:01949: 0.93

Platt Nera International Debt-to-Equity Historical Data

The historical data trend for Platt Nera International'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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Platt Nera International Debt-to-Equity Chart

Platt Nera International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.49

0.56

1.02

0.89

0.93

Platt Nera International Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial											1.02	1.05	0.89	0.81	0.93

Competitive Comparison of Platt Nera International's Debt-to-Equity

For the Information Technology Services subindustry, Platt Nera International'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.

Platt Nera International's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Platt Nera International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Platt Nera International's Debt-to-Equity falls into.

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Platt Nera International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Platt Nera International'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
	=	(44.83	+	49.93)	/	106.603
	=	0.89

Platt Nera International's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(41.26	+	41.561)	/	101.842
	=	0.81

Platt Nera International (HKSE:01949) 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.

Platt Nera International Debt-to-Equity Related Terms

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Platt Nera International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Platt Nera International Ltd (HKSE:01949) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Sukhumvit 16 (Sammit), Ratchadapisek Road, 170/9-10 Ocean Tower 1, 4th Floor, Klongtoey, Bangkok, THA, 10110

Website

https://www.plattnera.com

Platt Nera International Ltd is engaged in the provision of IT-integrated solutions and IT support services, and the sale of equipment in Thailand. IT integrated solutions comprise a range of services, from project design and planning, assessment of hardware and/or software options and their suitability, sourcing, and sale of hardware and/ or software (either bundled or separately), system installation and launch to trial operation and acceptance, including system upgrades for existing systems. It derives revenue from the provision of IT-integrated solutions, IT support services, and the sale of equipment in Thailand.

Executives

Asvaplungprohm Prapan	2201 Interest of corporation controlled by you
Pynk Holding Limited	2101 Beneficial owner
Talomsin Aranya	2201 Interest of corporation controlled by you
Archadechopon Wison	2201 Interest of corporation controlled by you

Platt Nera International Headlines

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