Clover Power PCL (BKK:CV) Equity-to-Asset : 0.31 (As of Dec. 2023)

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What is Clover Power PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clover Power PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,385 Mil. Clover Power PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿4,441 Mil. Therefore, Clover Power PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

BKK:CV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.31 Max: 0.59
Current: 0.31

During the past 5 years, the highest Equity to Asset Ratio of Clover Power PCL was 0.59. The lowest was 0.11. And the median was 0.31.

BKK:CV's Equity-to-Asset is ranked worse than
63.72% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs BKK:CV: 0.31

Clover Power PCL Equity-to-Asset Historical Data

The historical data trend for Clover Power 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.

Clover Power PCL Equity-to-Asset Chart

Clover Power PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.11

0.30

0.59

0.44

0.31

Clover Power PCL Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										0.44	0.40	0.40	0.39	0.31

Competitive Comparison of Clover Power PCL's Equity-to-Asset

For the Utilities - Renewable subindustry, Clover Power 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.

Clover Power PCL's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clover Power PCL's Equity-to-Asset distribution charts can be found below:

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

Clover Power 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.

Clover Power 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
	=	1384.889	/	4441.242
	=	0.31

Clover Power 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
	=	1384.889	/	4441.242
	=	0.31

Clover Power PCL (BKK:CV) 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%.

Clover Power PCL Equity-to-Asset Related Terms

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

Clover Power PCL (BKK:CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Clover Power PCL (BKK:CV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 159 Soi Rama 9 57/1 (Wisetsuk 2), Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250

Website

https://www.cloverpower.co.th

Clover Power PCL operates as a fully integrated renewable energy business. Its business is classified into three main divisions namely power generation and distribution business, engineering service business and renewable energy business. The Group operates in three geographic areas which are Thailand, Australia, and Vietnam.

Clover Power PCL (BKK:CV) Headlines

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