True PCL (BKK:TRUE) Debt-to-Equity : 5.58 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is True PCL Debt-to-Equity?

True PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿101,603 Mil. True PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿373,510 Mil. True PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿85,094 Mil. True PCL's debt to equity for the quarter that ended in Mar. 2024 was 5.58.

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

BKK:TRUE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.61 Med: 1.59 Max: 15.96
Current: 5.58

During the past 13 years, the highest Debt-to-Equity Ratio of True PCL was 15.96. The lowest was 0.61. And the median was 1.59.

BKK:TRUE's Debt-to-Equity is ranked worse than
95.36% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs BKK:TRUE: 5.58

True PCL Debt-to-Equity Historical Data

The historical data trend for True 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.

True PCL Debt-to-Equity Chart

True PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.70

4.11

4.57

6.59

5.57

True 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															4.81	4.84	4.91	5.57	5.58

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

For the Telecom Services subindustry, True 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.

True PCL's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, True PCL's Debt-to-Equity distribution charts can be found below:

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

True PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

True 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
	=	(98341.145	+	379181.634)	/	85779.067
	=	5.57

True 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
	=	(101602.996	+	373510.368)	/	85094.201
	=	5.58

True PCL (BKK:TRUE) 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.

True PCL Debt-to-Equity Related Terms

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

True PCL (BKK:TRUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » True Corp PCL (BKK:TRUE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TCPFF:USA TAF1:Germany

Address

18 True Tower, Ratchadaphisek Road, Huai Khwang, Bangkok, THA, 10310

Website

https://www.truecorp.co.th

True Corp PCL is a triple-play telecommunications company. It operates through three business segments: TrueOnline, TrueMove H, and TrueVisions. The majority of revenue is derived from TrueMove H, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. TrueOnline comprises the company's fixed-line telephone and public phone services, Internet, and business data services. TrueVisions is the group's pay-TV service. It is delivered via digital direct-to-home satellite and hybrid fibre-coaxial cable network platforms. It operates in a single geographical area, which is Thailand.