Saksiam Leasing PCL (BKK:SAK) Debt-to-Equity : 1.18 (As of Mar. 2024)

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What is Saksiam Leasing PCL Debt-to-Equity?

Saksiam Leasing PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿4,992 Mil. Saksiam Leasing PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,126 Mil. Saksiam Leasing PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿6,015 Mil. Saksiam Leasing PCL's debt to equity for the quarter that ended in Mar. 2024 was 1.18.

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

BKK:SAK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 1.11 Max: 1.77
Current: 1.18

During the past 6 years, the highest Debt-to-Equity Ratio of Saksiam Leasing PCL was 1.77. The lowest was 0.59. And the median was 1.11.

BKK:SAK's Debt-to-Equity is ranked worse than
50.69% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs BKK:SAK: 1.18

Saksiam Leasing PCL Debt-to-Equity Historical Data

The historical data trend for Saksiam Leasing 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.

Saksiam Leasing PCL Debt-to-Equity Chart

Saksiam Leasing PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.49

0.90

0.89

1.11

1.21

Saksiam Leasing PCL Quarterly Data
	Dec18	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															1.11	1.25	1.29	1.21	1.18

Competitive Comparison of Saksiam Leasing PCL's Debt-to-Equity

For the Credit Services subindustry, Saksiam Leasing 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.

Saksiam Leasing PCL's Debt-to-Equity Distribution in the Credit Services Industry

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

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

Saksiam Leasing PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saksiam Leasing 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
	=	(4633.823	+	2417.368)	/	5819.813
	=	1.21

Saksiam Leasing 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
	=	(4992.12	+	2125.713)	/	6015.168
	=	1.18

Saksiam Leasing PCL (BKK:SAK) 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.

Saksiam Leasing PCL Debt-to-Equity Related Terms

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

Saksiam Leasing PCL (BKK:SAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Saksiam Leasing PCL (BKK:SAK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

49/47 Chedsadabodin Road, Tha-it, Muang, Uttaradit, THA, 53000

Website

https://www.saksiam.com

Saksiam Leasing PCL is a provider of personal loans licensed by the Bank of Thailand, focusing on vehicle title loans and other types of loans. The company operates under the SAKSIAM Loan which covers the Northern, Central, Northeast, and Western Region of Thailand. Its loan offerings include Car registration loans as insurance; Microloans for occupation (Nano Finance); Farmer's Loan; Personal loans; Car loans for money (Hire purchase loan ); and Hire purchase loans (New motorcycles).

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