Ngern Tid Lor Public Company Limited

Thailand Stock Exchange TIDLOR.BK

Ngern Tid Lor Public Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 2.43

Ngern Tid Lor Public Company Limited Debt to Equity Ratio is 2.43 for the year ending December 31, 2023, a 8.98% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Ngern Tid Lor Public Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 2.23, a 19.09% change year over year.
Ngern Tid Lor Public Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 1.87, a -44.66% change year over year.
Ngern Tid Lor Public Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 3.38, a -14.87% change year over year.
Ngern Tid Lor Public Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 3.97, a 67,963.65% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Thailand Stock Exchange: TIDLOR.BK

Ngern Tid Lor Public Company Limited

CEO	Mr. Piyasak Ukritnukun
IPO Date	May 10, 2021
Location	Thailand
Headquarters	428 Ari Hill Building
Employees	3,000
Sector	Finance
Industries Banking & Lending

Description

Ngern Tid Lor Public Company Limited provides auto-for-cash loans to self-employed microentrepreneurs in Thailand. The company offers title loans for motorcycles, sedan-pickups, trucks, and used trucks. It also acts as a life and non-life insurance broker for auto, personal accident, cancer, and compulsory third-party insurance products. As of August 11, 2022, it had 1,484 branches across 74 provinces. The company was incorporated in 2006 and is headquartered in Bangkok, Thailand.

Key trends

Past 5 years