Wattana Karnpaet PCL (BKK:NEW) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Wattana Karnpaet PCL Debt-to-Equity?

Wattana Karnpaet PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿15.0 Mil. Wattana Karnpaet PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿20.3 Mil. Wattana Karnpaet PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿482.4 Mil. Wattana Karnpaet PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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

BKK:NEW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.21 Max: 0.29
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Wattana Karnpaet PCL was 0.29. The lowest was 0.07. And the median was 0.21.

BKK:NEW's Debt-to-Equity is ranked better than
84.18% of 550 companies
in the Healthcare Providers & Services industry
Industry Median: 0.485 vs BKK:NEW: 0.07

Wattana Karnpaet PCL Debt-to-Equity Historical Data

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Debt-to-Equity Chart

Wattana Karnpaet PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.16

0.29

0.19

0.12

0.07

Wattana Karnpaet 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															0.12	0.09	0.09	0.08	0.07

Competitive Comparison of Wattana Karnpaet PCL's Debt-to-Equity

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.

Wattana Karnpaet PCL's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Debt-to-Equity distribution charts can be found below:

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

Wattana Karnpaet PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wattana Karnpaet 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
	=	(15.027	+	20.292)	/	482.445
	=	0.07

Wattana Karnpaet 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
	=	(15.027	+	20.292)	/	482.445
	=	0.07

Wattana Karnpaet PCL (BKK:NEW) 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.

Wattana Karnpaet PCL Debt-to-Equity Related Terms

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Wattana Karnpaet PCL (BKK:NEW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wattana Karnpaet PCL (BKK:NEW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000

Website

https://www.wattanahospital.net

Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

Wattana Karnpaet PCL (BKK:NEW) Headlines

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