Aeon Thana Sinsap (Thailand) PCL (STU:AE3) Debt-to-Equity : 2.58 (As of Feb. 2024)

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What is Aeon Thana Sinsap (Thailand) PCL Debt-to-Equity?

Aeon Thana Sinsap (Thailand) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €517.7 Mil. Aeon Thana Sinsap (Thailand) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €1,116.8 Mil. Aeon Thana Sinsap (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Feb. 2024 was €632.8 Mil. Aeon Thana Sinsap (Thailand) PCL's debt to equity for the quarter that ended in Feb. 2024 was 2.58.

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 Aeon Thana Sinsap (Thailand) PCL's Debt-to-Equity or its related term are showing as below:

STU:AE3' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.58 Med: 3.62 Max: 4.69
Current: 2.58

During the past 13 years, the highest Debt-to-Equity Ratio of Aeon Thana Sinsap (Thailand) PCL was 4.69. The lowest was 2.58. And the median was 3.62.

STU:AE3's Debt-to-Equity is ranked worse than
67.9% of 433 companies
in the Credit Services industry
Industry Median: 1.16 vs STU:AE3: 2.58

Aeon Thana Sinsap (Thailand) PCL Debt-to-Equity Historical Data

The historical data trend for Aeon Thana Sinsap (Thailand) 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.

* Premium members only.

Aeon Thana Sinsap (Thailand) PCL Debt-to-Equity Chart

Aeon Thana Sinsap (Thailand) PCL Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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3.35

3.72

3.33

2.94

2.58

Aeon Thana Sinsap (Thailand) PCL Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															2.94	2.78	2.78	2.77	2.58

Competitive Comparison of Aeon Thana Sinsap (Thailand) PCL's Debt-to-Equity

For the Credit Services subindustry, Aeon Thana Sinsap (Thailand) 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.

Aeon Thana Sinsap (Thailand) PCL's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aeon Thana Sinsap (Thailand) PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aeon Thana Sinsap (Thailand) PCL's Debt-to-Equity falls into.

Aeon Thana Sinsap (Thailand) PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aeon Thana Sinsap (Thailand) PCL's Debt to Equity Ratio for the fiscal year that ended in Feb. 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
	=	(517.68	+	1116.77)	/	632.826
	=	2.58

Aeon Thana Sinsap (Thailand) PCL's Debt to Equity Ratio for the quarter that ended in Feb. 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
	=	(517.68	+	1116.77)	/	632.826
	=	2.58

Aeon Thana Sinsap (Thailand) PCL (STU:AE3) 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.

Aeon Thana Sinsap (Thailand) PCL Debt-to-Equity Related Terms

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

Aeon Thana Sinsap (Thailand) PCL (STU:AE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Aeon Thana Sinsap (Thailand) PCL (STU:AE3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AEONTS-F:Thailand AEONTS:Thailand

Address

Sukhumvit Road, 388, 27th Floor, Exchange Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.aeon.co.th

Aeon Thana Sinsap (Thailand) PCL provides retail financial services including credit card issuance, hire-purchase loans, and other personal loans that collectively provide almost all the company's revenue. The company operates in two segments; Retail finance services and Other business. It generates maximum revenue from the Retail finance services segment.

Aeon Thana Sinsap (Thailand) PCL (STU:AE3) Headlines

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