Country Group Development PCL (BKK:CGD-F) Debt-to-Equity : 0.57 (As of Jun. 2024)

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What is Country Group Development PCL Debt-to-Equity?

Country Group Development PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ฿2,069 Mil. Country Group Development PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ฿364 Mil. Country Group Development PCL's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ฿4,237 Mil. Country Group Development PCL's debt to equity for the quarter that ended in Jun. 2024 was 0.57.

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

BKK:CGD-F' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.49 Med: 1.04 Max: 4.44
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of Country Group Development PCL was 4.44. The lowest was 0.49. And the median was 1.04.

BKK:CGD-F's Debt-to-Equity is ranked better than
58.12% of 1576 companies
in the Real Estate industry
Industry Median: 0.745 vs BKK:CGD-F: 0.57

Country Group Development PCL Debt-to-Equity Historical Data

The historical data trend for Country Group Development 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.

Country Group Development PCL Debt-to-Equity Chart

Country Group Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.49

1.16

1.12

1.08

0.65

Country Group Development PCL Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.93	0.74	0.65	0.61	0.57

Competitive Comparison of Country Group Development PCL's Debt-to-Equity

For the Real Estate - Development subindustry, Country Group Development 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.

Country Group Development PCL's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Group Development PCL's Debt-to-Equity distribution charts can be found below:

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

Country Group Development PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Country Group Development 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
	=	(2417.531	+	368.544)	/	4277.554
	=	0.65

Country Group Development PCL's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2069.236	+	363.747)	/	4236.686
	=	0.57

Country Group Development PCL (BKK:CGD-F) 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.

Country Group Development PCL Debt-to-Equity Related Terms

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Country Group Development PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Group Development PCL (BKK:CGD-F) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CGD:Thailand

Address

Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330

Website

https://www.cgd.co.th

Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.

Country Group Development PCL Headlines

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