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Navakij Insurance PCL (BKK:NKI) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Navakij Insurance PCL Debt-to-Equity?

Navakij Insurance PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿13 Mil. Navakij Insurance PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿24 Mil. Navakij Insurance PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿2,205 Mil. Navakij Insurance PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

BKK:NKI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Navakij Insurance PCL was 0.03. The lowest was 0.00. And the median was 0.02.

BKK:NKI's Debt-to-Equity is ranked better than
91.43% of 385 companies
in the Insurance industry
Industry Median: 0.25 vs BKK:NKI: 0.02

Navakij Insurance PCL Debt-to-Equity Historical Data

The historical data trend for Navakij Insurance 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.

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Navakij Insurance PCL Debt-to-Equity Chart

Navakij Insurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.02 0.02 0.02

Navakij Insurance 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Navakij Insurance PCL's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Navakij Insurance 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.


Navakij Insurance PCL's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Navakij Insurance PCL's Debt-to-Equity distribution charts can be found below:

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



Navakij Insurance PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Navakij Insurance PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Navakij Insurance PCL's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Navakij Insurance PCL  (BKK:NKI) 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.


Navakij Insurance PCL Debt-to-Equity Related Terms

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


Navakij Insurance PCL (BKK:NKI) Business Description

Traded in Other Exchanges
N/A
Address
100/47-55, and 90/3-6, North Sathorn Road, Sathon Thani Complex, Floor 26-27, 100/50-55, Silom, Bangrak, Bangkok, THA, 10500
Navakij Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The Company operates its business in Thailand only.

Navakij Insurance PCL (BKK:NKI) Headlines

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