Central Retail PCL (BKK:CRC) Debt-to-Equity : 2.08 (As of Dec. 2023)

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What is Central Retail PCL Debt-to-Equity?

Central Retail PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿54,895 Mil. Central Retail PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿84,662 Mil. Central Retail PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿67,060 Mil. Central Retail PCL's debt to equity for the quarter that ended in Dec. 2023 was 2.08.

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

BKK:CRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 2.14 Max: 2.47
Current: 2.08

During the past 8 years, the highest Debt-to-Equity Ratio of Central Retail PCL was 2.47. The lowest was 0.76. And the median was 2.14.

BKK:CRC's Debt-to-Equity is ranked worse than
86.83% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs BKK:CRC: 2.08

Central Retail PCL Debt-to-Equity Historical Data

The historical data trend for Central Retail 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.

Central Retail PCL Debt-to-Equity Chart

Central Retail PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.47

2.28

2.40

2.21

2.08

Central Retail 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															2.21	2.07	2.08	2.09	2.08

Competitive Comparison of Central Retail PCL's Debt-to-Equity

For the Department Stores subindustry, Central Retail 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.

Central Retail PCL's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Central Retail PCL's Debt-to-Equity distribution charts can be found below:

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

Central Retail PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Central Retail 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
	=	(54895.163	+	84662.316)	/	67059.513
	=	2.08

Central Retail 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
	=	(54895.163	+	84662.316)	/	67059.513
	=	2.08

Central Retail PCL (BKK:CRC) 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.

Central Retail PCL Debt-to-Equity Related Terms

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

Central Retail PCL (BKK:CRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Central Retail Corp PCL (BKK:CRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CRC-F:Thailand

Address

22 Soi Somkid, Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330

Website

https://www.centralretail.com

Central Retail Corp PCL is a multi-format & multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network & merchandise offerings with positions among store-based retailers in online traffic. The company uses the Central trademarks, service marks, & tradenames in business operations under certain licensing agreements. The company has introduced new retail formats to the customer, including department stores, specialty stores, supermarkets, hypermarkets, convenience stores & retail plazas. It operates under a diverse slate of retail banners divided into three segments, namely, Hardline, Food Products & Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand.