S Khonkaen Foods PCL (BKK:SORKON) Debt-to-Equity : 0.89 (As of Dec. 2023)

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What is S Khonkaen Foods PCL Debt-to-Equity?

S Khonkaen Foods PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿809 Mil. S Khonkaen Foods PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿349 Mil. S Khonkaen Foods PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,300 Mil. S Khonkaen Foods PCL's debt to equity for the quarter that ended in Dec. 2023 was 0.89.

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 S Khonkaen Foods PCL's Debt-to-Equity or its related term are showing as below:

BKK:SORKON' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 0.94 Max: 1.32
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of S Khonkaen Foods PCL was 1.32. The lowest was 0.83. And the median was 0.94.

BKK:SORKON's Debt-to-Equity is ranked worse than
74.19% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs BKK:SORKON: 0.89

S Khonkaen Foods PCL Debt-to-Equity Historical Data

The historical data trend for S Khonkaen Foods 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.

S Khonkaen Foods PCL Debt-to-Equity Chart

S Khonkaen Foods PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.95

0.90

0.99

0.89

S Khonkaen Foods 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															0.99	0.97	0.97	0.91	0.89

Competitive Comparison of S Khonkaen Foods PCL's Debt-to-Equity

For the Packaged Foods subindustry, S Khonkaen Foods 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.

S Khonkaen Foods PCL's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, S Khonkaen Foods PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where S Khonkaen Foods PCL's Debt-to-Equity falls into.

S Khonkaen Foods PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

S Khonkaen Foods 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
	=	(809.357	+	348.783)	/	1299.606
	=	0.89

S Khonkaen Foods PCL's Debt to Equity Ratio for the quarter 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
	=	(809.357	+	348.783)	/	1299.606
	=	0.89

S Khonkaen Foods PCL (BKK:SORKON) 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.

S Khonkaen Foods PCL Debt-to-Equity Related Terms

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

S Khonkaen Foods PCL (BKK:SORKON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » S Khonkaen Foods PCL (BKK:SORKON) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 71 Road (Pridi Banomyong), 259/13 Soi Pridi Banomyong 13, Phrakanong Nuer, Vadhana, Bangkok, THA, 10110

Website

https://www.sorkon.co.th

S Khonkaen Foods PCL is principally engaged in the manufacture and distribution of processed food products from meat and seafood, restaurants, and swine farm. The company's four reportable segments are Processed food from pork, Processed seafood, Restaurants, and Swine farm, of which key revenue is derived from the Processed food from pork and Processed seafood segment. The group has a business presence in Thailand and Other countries. The majority of revenue is derived from Thailand.

S Khonkaen Foods PCL (BKK:SORKON) Headlines

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