TBN PCL (BKK:TBN) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is TBN PCL Debt-to-Equity?

TBN PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿8.9 Mil. TBN PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿26.6 Mil. TBN PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿511.6 Mil. TBN PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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

BKK:TBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.18 Max: 0.8
Current: 0.07

During the past 5 years, the highest Debt-to-Equity Ratio of TBN PCL was 0.80. The lowest was 0.07. And the median was 0.18.

BKK:TBN's Debt-to-Equity is ranked better than
71.48% of 2216 companies
in the Software industry
Industry Median: 0.21 vs BKK:TBN: 0.07

TBN PCL Debt-to-Equity Historical Data

The historical data trend for TBN 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.

TBN PCL Debt-to-Equity Chart

TBN PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.20

0.18

0.23

0.80

0.07

TBN PCL Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							0.63	0.09	0.08	0.07	0.07

Competitive Comparison of TBN PCL's Debt-to-Equity

For the Software - Application subindustry, TBN 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.

TBN PCL's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, TBN PCL's Debt-to-Equity distribution charts can be found below:

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

TBN PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TBN 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
	=	(8.867	+	27.698)	/	503.727
	=	0.07

TBN 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
	=	(8.901	+	26.597)	/	511.632
	=	0.07

TBN PCL (BKK:TBN) 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.

TBN PCL Debt-to-Equity Related Terms

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

TBN PCL (BKK:TBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TBN Corp PCL (BKK:TBN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110

Website

https://www.tbn.co.th

TBN Corp PCL is Thailand's first low-code solutions provider. Its main business activity is selling and developing software for various organizations, including consulting on software development.

TBN PCL (BKK:TBN) Headlines

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