Sub Sri Thai PCL (BKK:SST) Debt-to-Equity : 2.10 (As of Mar. 2024)

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What is Sub Sri Thai PCL Debt-to-Equity?

Sub Sri Thai PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿1,471 Mil. Sub Sri Thai PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,631 Mil. Sub Sri Thai PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,954 Mil. Sub Sri Thai PCL's debt to equity for the quarter that ended in Mar. 2024 was 2.10.

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 Sub Sri Thai PCL's Debt-to-Equity or its related term are showing as below:

BKK:SST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 1.06 Max: 2.14
Current: 2.1

During the past 13 years, the highest Debt-to-Equity Ratio of Sub Sri Thai PCL was 2.14. The lowest was 0.50. And the median was 1.06.

BKK:SST's Debt-to-Equity is ranked worse than
93.37% of 1644 companies
in the Consumer Packaged Goods industry
Industry Median: 0.405 vs BKK:SST: 2.10

Sub Sri Thai PCL Debt-to-Equity Historical Data

The historical data trend for Sub Sri Thai 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.

Sub Sri Thai PCL Debt-to-Equity Chart

Sub Sri Thai PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.62

1.63

1.75

2.14

2.00

Sub Sri Thai 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															2.04	2.06	1.99	2.00	2.10

Competitive Comparison of Sub Sri Thai PCL's Debt-to-Equity

For the Packaged Foods subindustry, Sub Sri Thai 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.

Sub Sri Thai PCL's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sub Sri Thai PCL's Debt-to-Equity falls into.

Sub Sri Thai PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sub Sri Thai 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
	=	(1470.005	+	2600.611)	/	2032.156
	=	2.00

Sub Sri Thai 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
	=	(1471.358	+	2630.792)	/	1954.066
	=	2.10

Sub Sri Thai PCL (BKK:SST) 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.

Sub Sri Thai PCL Debt-to-Equity Related Terms

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Sub Sri Thai PCL (BKK:SST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sub Sri Thai PCL (BKK:SST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang Sub-District, Suan Luang District, Bangkok, THA, 10250

Website

https://www.subsrithai.co.th

Sub Sri Thai PCL is engaged in warehouse rental, storage of documents and electronic media, and wharf services. The reportable segments of the company are Food and beverage which produces and distributes snacks, drinks, ice cream, and restaurants; The Warehouse and wharf segment which provides warehouse rental, document and electronic media storage, and wharf services, and the Garment segment which produces and distributes clothing and leatherwork. The company derives a majority of its revenue from the Food and beverage segment. Geographically, the group has a business presence in Thailand and other countries.