Pico (Thailand) PCL (BKK:PICO) Debt-to-Equity : 0.03 (As of Jan. 2024)

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What is Pico (Thailand) PCL Debt-to-Equity?

Pico (Thailand) PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was ฿5 Mil. Pico (Thailand) PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was ฿6 Mil. Pico (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Jan. 2024 was ฿394 Mil. Pico (Thailand) PCL's debt to equity for the quarter that ended in Jan. 2024 was 0.03.

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

BKK:PICO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.25
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Pico (Thailand) PCL was 0.25. The lowest was 0.01. And the median was 0.04.

BKK:PICO's Debt-to-Equity is ranked better than
87.49% of 847 companies
in the Media - Diversified industry
Industry Median: 0.28 vs BKK:PICO: 0.03

Pico (Thailand) PCL Debt-to-Equity Historical Data

The historical data trend for Pico (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.

Pico (Thailand) PCL Debt-to-Equity Chart

Pico (Thailand) PCL Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.16

0.24

0.16

0.02

Pico (Thailand) PCL Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.08	0.02	0.02	0.03

Competitive Comparison of Pico (Thailand) PCL's Debt-to-Equity

For the Advertising Agencies subindustry, Pico (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.

Pico (Thailand) PCL's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico (Thailand) PCL's Debt-to-Equity distribution charts can be found below:

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

Pico (Thailand) PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pico (Thailand) PCL's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(3.909	+	3.531)	/	390.28
	=	0.02

Pico (Thailand) PCL's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(4.851	+	6.062)	/	393.602
	=	0.03

Pico (Thailand) PCL (BKK:PICO) 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.

Pico (Thailand) PCL Debt-to-Equity Related Terms

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

Pico (Thailand) PCL (BKK:PICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pico (Thailand) PCL (BKK:PICO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Soi Lasalle 56 Sukhumvit Road, Bangna Tai, Bangkok, THA, 10260

Website

https://www.picothai.com

Pico (Thailand) PCL offers experiential marketing services. The company along with its subsidiaries operates in five segments including, exhibition business, event marketing business, museum exhibit business, knowledge communication business, and organizer business. Its operations are mainly carried out in Thailand.

Pico (Thailand) PCL (BKK:PICO) Headlines

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