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Asian Sea PCL (BKK:ASIAN) Equity-to-Asset : 0.69 (As of Dec. 2023)


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What is Asian Sea PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asian Sea PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿6,248 Mil. Asian Sea PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿9,019 Mil. Therefore, Asian Sea PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

The historical rank and industry rank for Asian Sea PCL's Equity-to-Asset or its related term are showing as below:

BKK:ASIAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.69
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Asian Sea PCL was 0.69. The lowest was 0.31. And the median was 0.45.

BKK:ASIAN's Equity-to-Asset is ranked better than
72.21% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BKK:ASIAN: 0.69

Asian Sea PCL Equity-to-Asset Historical Data

The historical data trend for Asian Sea PCL's Equity-to-Asset 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.

Asian Sea PCL Equity-to-Asset Chart

Asian Sea PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.56 0.55 0.64 0.69

Asian Sea PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.66 0.66 0.65 0.69

Competitive Comparison of Asian Sea PCL's Equity-to-Asset

For the Packaged Foods subindustry, Asian Sea PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Asian Sea PCL's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asian Sea PCL's Equity-to-Asset falls into.



Asian Sea PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Asian Sea PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6247.672/9018.995
=0.69

Asian Sea PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6247.672/9018.995
=0.69

* 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.


Asian Sea PCL  (BKK:ASIAN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Asian Sea PCL Equity-to-Asset Related Terms

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


Asian Sea PCL (BKK:ASIAN) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 2 Rama 2 Road, Bangkrajao, Muang, Samutsakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and the provision of cold storage services. The company operates in various segments that include Frozen and packaged food products, Feedstuff, and Other business in cold storage services. The Feedstuff segment earns the maximum revenue for the company. Its product line consists of raw shrimps, cooked shrimps, squids, cuttlefish, octopuses, tuna, and pre-fried, deep-fried, and grilled seafood. It distributes products under the brand names TCC, ASS, Sakura, and Asian Seafood among others. Geographically, it derives a majority of its revenue from the United States of America.

Asian Sea PCL (BKK:ASIAN) Headlines

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