IFS Capital Holdings (Thailand) PCL (BKK:IFS) Equity-to-Asset : 0.50 (As of Mar. 2024)

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What is IFS Capital Holdings (Thailand) PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IFS Capital Holdings (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,801.3 Mil. IFS Capital Holdings (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿3,623.8 Mil. Therefore, IFS Capital Holdings (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.50.

The historical rank and industry rank for IFS Capital Holdings (Thailand) PCL's Equity-to-Asset or its related term are showing as below:

BKK:IFS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.34 Max: 0.5
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of IFS Capital Holdings (Thailand) PCL was 0.50. The lowest was 0.30. And the median was 0.34.

BKK:IFS's Equity-to-Asset is ranked better than
59.67% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs BKK:IFS: 0.50

IFS Capital Holdings (Thailand) PCL Equity-to-Asset Historical Data

The historical data trend for IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) PCL Equity-to-Asset Chart

IFS Capital Holdings (Thailand) PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.37

0.44

0.41

0.45

0.46

IFS Capital Holdings (Thailand) PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.49	0.47	0.49	0.46	0.50

Competitive Comparison of IFS Capital Holdings (Thailand) PCL's Equity-to-Asset

For the Credit Services subindustry, IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) PCL's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, IFS Capital Holdings (Thailand) PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where IFS Capital Holdings (Thailand) PCL's Equity-to-Asset falls into.

IFS Capital Holdings (Thailand) 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.

IFS Capital Holdings (Thailand) 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
	=	1771.742	/	3818.055
	=	0.46

IFS Capital Holdings (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1801.297	/	3623.828
	=	0.50

IFS Capital Holdings (Thailand) PCL (BKK:IFS) 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%.

IFS Capital Holdings (Thailand) PCL Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of IFS Capital Holdings (Thailand) PCL's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

IFS Capital Holdings (Thailand) PCL (BKK:IFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » IFS Capital Holdings (Thailand) PCL (BKK:IFS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1168/55 Rama IV Road, 20th Floor Lumpini Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.ifscapthai.com

IFS Capital Holdings (Thailand) PCL is a Thailand-based company which is involved in three business segments. A factoring business is a short-term loan that provides liquidity to the business immediately and enables the business to increase its turnover in the form of buying accounts receivable. The factoring facility applies to both domestic and international sales. Hire purchase and finance leasing businesses are long-term loans for investment in the business industry. Others encompass a range of activities from corporate decisions, income and expenses not attributed to the business segments described. The majority is derived from Factoring Business.