Chememan PCL (BKK:CMAN) Debt-to-Equity : 1.44 (As of Dec. 2023)

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What is Chememan PCL Debt-to-Equity?

Chememan PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,638 Mil. Chememan PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿1,778 Mil. Chememan PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿2,366 Mil. Chememan PCL's debt to equity for the quarter that ended in Dec. 2023 was 1.44.

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

BKK:CMAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52 Med: 1.28 Max: 1.82
Current: 1.44

During the past 9 years, the highest Debt-to-Equity Ratio of Chememan PCL was 1.82. The lowest was 0.52. And the median was 1.28.

BKK:CMAN's Debt-to-Equity is ranked worse than
92.42% of 1398 companies
in the Chemicals industry
Industry Median: 0.35 vs BKK:CMAN: 1.44

Chememan PCL Debt-to-Equity Historical Data

The historical data trend for Chememan 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.

Chememan PCL Debt-to-Equity Chart

Chememan PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.24

1.71

1.82

1.66

1.44

Chememan 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															1.66	1.53	1.47	1.42	1.44

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

For the Specialty Chemicals subindustry, Chememan 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.

Chememan PCL's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chememan PCL's Debt-to-Equity distribution charts can be found below:

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

Chememan PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chememan 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
	=	(1638.142	+	1777.893)	/	2366.107
	=	1.44

Chememan 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
	=	(1638.142	+	1777.893)	/	2366.107
	=	1.44

Chememan PCL (BKK:CMAN) 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.

Chememan PCL Debt-to-Equity Related Terms

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Chememan PCL (BKK:CMAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chememan PCL (BKK:CMAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rajadapisek Road, 195/11-12 Lake Rajada Office Complex 2, 10th-11th Floor, Klongtoey, Bangkok, THA, 10110

Website

https://www.chememan.com

Chememan PCL is engaged in the manufacture and distribution of mineral lime products. The company transforms natural resources into basic and specialty chemicals, and synthetic products. The company has a business presence in Thailand and the Overseas market, of which prime revenue is derived from Thailand.

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