IFS Capital Holdings (Thailand) PCL (BKK:IFS) Debt-to-Equity : 0.95 (As of Mar. 2024)

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What is IFS Capital Holdings (Thailand) PCL Debt-to-Equity?

IFS Capital Holdings (Thailand) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,693.6 Mil. IFS Capital Holdings (Thailand) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿19.9 Mil. IFS Capital Holdings (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,801.3 Mil. IFS Capital Holdings (Thailand) PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

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 IFS Capital Holdings (Thailand) PCL's Debt-to-Equity or its related term are showing as below:

BKK:IFS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95 Med: 1.87 Max: 2.3
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of IFS Capital Holdings (Thailand) PCL was 2.30. The lowest was 0.95. And the median was 1.87.

BKK:IFS's Debt-to-Equity is ranked better than
54.29% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs BKK:IFS: 0.95

IFS Capital Holdings (Thailand) PCL Debt-to-Equity Historical Data

The historical data trend for IFS Capital Holdings (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.

IFS Capital Holdings (Thailand) PCL Debt-to-Equity Chart

IFS Capital Holdings (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.64

1.20

1.38

1.12

1.09

IFS Capital Holdings (Thailand) PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.99	1.05	0.97	1.09	0.95

Competitive Comparison of IFS Capital Holdings (Thailand) PCL's Debt-to-Equity

For the Credit Services subindustry, IFS Capital Holdings (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.

IFS Capital Holdings (Thailand) PCL's Debt-to-Equity Distribution in the Credit Services Industry

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

* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's Debt-to-Equity falls into.

IFS Capital Holdings (Thailand) PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IFS Capital Holdings (Thailand) 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
	=	(1908.9	+	26.775)	/	1771.742
	=	1.09

IFS Capital Holdings (Thailand) PCL's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1693.606	+	19.87)	/	1801.297
	=	0.95

IFS Capital Holdings (Thailand) PCL (BKK:IFS) 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.

IFS Capital Holdings (Thailand) PCL Debt-to-Equity Related Terms

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

IFS Capital Holdings (Thailand) PCL (BKK:IFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IFS Capital Holdings (Thailand) PCL (BKK:IFS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1168/55 Rama IV Road, 20th Floor Lumpini Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.ifscapthai.com

IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income and expenses not attributed to the business segments described. The majority is derived from Factoring Business.