Ptt PCL (Ptt PCL) Debt-to-Equity : 1.04 (As of Dec. 2023)

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What is Ptt PCL Debt-to-Equity?

Ptt PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,189 Mil. Ptt PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27,013 Mil. Ptt PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $32,052 Mil. Ptt PCL's debt to equity for the quarter that ended in Dec. 2023 was 1.04.

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

PETFF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.62 Med: 0.92 Max: 1.13
Current: 1.04

During the past 13 years, the highest Debt-to-Equity Ratio of Ptt PCL was 1.13. The lowest was 0.62. And the median was 0.92.

PETFF's Debt-to-Equity is ranked worse than
75.9% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs PETFF: 1.04

Ptt PCL Debt-to-Equity Historical Data

The historical data trend for Ptt 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.

Ptt PCL Debt-to-Equity Chart

Ptt PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.75

0.90

0.94

1.13

1.04

Ptt PCL 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															1.13	1.11	1.09	1.06	1.04

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

For the Oil & Gas Integrated subindustry, Ptt 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.

Ptt PCL's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ptt PCL's Debt-to-Equity distribution charts can be found below:

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

Ptt PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ptt 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
	=	(6188.69	+	27013.385)	/	32051.625
	=	1.04

Ptt PCL'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
	=	(6188.69	+	27013.385)	/	32051.625
	=	1.04

Ptt PCL (OTCPK:PETFF) 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.

Ptt PCL Debt-to-Equity Related Terms

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

Ptt PCL (Ptt PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PETFF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PUTRY:USA PTT-F:Thailand PTT:Thailand PTOG:Germany

Address

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttplc.com

Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.

Ptt PCL (Ptt PCL) Headlines

From GuruFocus

Q4 2023 PTT PCL Earnings Presentation Transcript

By GuruFocus Research • 02-28-2024