Somboon Advance Technology PCL (BKK:SAT) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Somboon Advance Technology PCL Debt-to-Equity?

Somboon Advance Technology PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿21 Mil. Somboon Advance Technology PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿23 Mil. Somboon Advance Technology PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,473 Mil. Somboon Advance Technology PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Somboon Advance Technology PCL's Debt-to-Equity or its related term are showing as below:

BKK:SAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.64
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Somboon Advance Technology PCL was 0.64. The lowest was 0.00. And the median was 0.05.

BKK:SAT's Debt-to-Equity is ranked better than
99.91% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BKK:SAT: 0.01

Somboon Advance Technology PCL Debt-to-Equity Historical Data

The historical data trend for Somboon Advance Technology 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.

Somboon Advance Technology PCL Debt-to-Equity Chart

Somboon Advance Technology PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.02

0.01

Somboon Advance Technology 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															-	-	0.01	-	0.01

Competitive Comparison of Somboon Advance Technology PCL's Debt-to-Equity

For the Auto Parts subindustry, Somboon Advance Technology 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.

Somboon Advance Technology PCL's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Somboon Advance Technology PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Somboon Advance Technology PCL's Debt-to-Equity falls into.

Somboon Advance Technology PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Somboon Advance Technology 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
	=	(14.396	+	19.322)	/	8289.901
	=	0.00

Somboon Advance Technology 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
	=	(20.947	+	22.65)	/	8473.233
	=	0.01

Somboon Advance Technology PCL (BKK:SAT) 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.

Somboon Advance Technology PCL Debt-to-Equity Related Terms

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

Somboon Advance Technology PCL (BKK:SAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Somboon Advance Technology PCL (BKK:SAT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PSQ:Germany

Address

No. 129 Moo 2, Bangna-Trad Road, Tambol Bangchalong, Amphoe Bang Phli, Samutprakarn, THA, 10540

Website

https://www.satpcl.co.th

Somboon Advance Technology PCL is a Thailand based company engaged in the manufacture and distribution of motor vehicle parts. The principal businesses of the company are the manufacture of pick-up axles and truck trunnion shafts. It manufactures parts for passenger cars, pickup trucks, trucks and agricultural machinery. Its products include axle shafts, disc brakes, drum brakes, exhaust manifolds, leaf springs, stabilizer bars, hot coil springs, and other related products. The group has two reportable segments namely, Pick-up axles and truck trunnion shafts, and Other auto parts. The majority of the revenue is generated from the Other auto parts segment.

Somboon Advance Technology PCL (BKK:SAT) Headlines

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