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Thaire Life Assurance PCL (BKK:THREL) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Thaire Life Assurance PCL Debt-to-Equity?

Thaire Life Assurance PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0 Mil. Thaire Life Assurance PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿3 Mil. Thaire Life Assurance PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,268 Mil. Thaire Life Assurance PCL's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

BKK:THREL's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.23
* Ranked among companies with meaningful Debt-to-Equity only.

Thaire Life Assurance PCL Debt-to-Equity Historical Data

The historical data trend for Thaire Life Assurance 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.

Thaire Life Assurance PCL Debt-to-Equity Chart

Thaire Life Assurance PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Thaire Life Assurance PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Thaire Life Assurance PCL's Debt-to-Equity

For the Insurance - Reinsurance subindustry, Thaire Life Assurance 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.


Thaire Life Assurance PCL's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Debt-to-Equity distribution charts can be found below:

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



Thaire Life Assurance PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thaire Life Assurance PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Thaire Life Assurance PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Thaire Life Assurance PCL  (BKK:THREL) 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.


Thaire Life Assurance PCL Debt-to-Equity Related Terms

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


Thaire Life Assurance PCL (BKK:THREL) Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, No. 48/15 Soi Ratchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.

Thaire Life Assurance PCL (BKK:THREL) Headlines

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