Salee Industry PCL (BKK:SALEE) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Salee Industry PCL Debt-to-Equity?

Salee Industry PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿36 Mil. Salee Industry PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿6 Mil. Salee Industry PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,215 Mil. Salee Industry PCL's debt to equity for the quarter that ended in Mar. 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 Salee Industry PCL's Debt-to-Equity or its related term are showing as below:

BKK:SALEE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.17 Max: 0.49
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Salee Industry PCL was 0.49. The lowest was 0.03. And the median was 0.17.

BKK:SALEE's Debt-to-Equity is ranked better than
91.95% of 1392 companies
in the Chemicals industry
Industry Median: 0.355 vs BKK:SALEE: 0.03

Salee Industry PCL Debt-to-Equity Historical Data

The historical data trend for Salee Industry 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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Salee Industry PCL Debt-to-Equity Chart

Salee Industry PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.16

0.10

0.04

Salee Industry 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															0.06	0.07	0.03	0.04	0.03

Competitive Comparison of Salee Industry PCL's Debt-to-Equity

For the Specialty Chemicals subindustry, Salee Industry 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.

Salee Industry PCL's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Salee Industry PCL's Debt-to-Equity distribution charts can be found below:

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

Salee Industry PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Salee Industry 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
	=	(35.757	+	8.311)	/	1213.334
	=	0.04

Salee Industry 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
	=	(36.03	+	5.818)	/	1215.199
	=	0.03

Salee Industry PCL (BKK:SALEE) 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.

Salee Industry PCL Debt-to-Equity Related Terms

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

Salee Industry PCL (BKK:SALEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Salee Industry PCL (BKK:SALEE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Moo 10, Tumbol Klong Si, Amphur Klong Luang, Pathumthani, THA, 12120

Website

https://www.saleeind.com

Salee Industry PCL is a company that is principally engaged in the manufacture and distribution of plastic supplies, parts, tools, and equipment. Its business segments are Manufacture and distribution of plastic parts; Label printing services; Manufacture and distribution of household plastic supplies; and Manufacture and distribution of religious supplies. The company operates its business in Thailand which is the key revenue driver, Australia, Myanmar, New Zealand, and others.

Salee Industry PCL (BKK:SALEE) Headlines

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