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Proen PCL (BKK:PROEN) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is Proen PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Proen PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿557.5 Mil. Proen PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿1,801.1 Mil. Therefore, Proen PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

BKK:PROEN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.39
Current: 0.31

During the past 5 years, the highest Equity to Asset Ratio of Proen PCL was 0.39. The lowest was 0.18. And the median was 0.30.

BKK:PROEN's Equity-to-Asset is ranked worse than
64.96% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs BKK:PROEN: 0.31

Proen PCL Equity-to-Asset Historical Data

The historical data trend for Proen 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.

Proen PCL Equity-to-Asset Chart

Proen PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.18 0.23 0.39 0.30 0.31

Proen PCL Quarterly Data
Dec19 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 0.30 0.31 0.35 0.35 0.31

Competitive Comparison of Proen PCL's Equity-to-Asset

For the Telecom Services subindustry, Proen 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.


Proen PCL's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Equity-to-Asset distribution charts can be found below:

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



Proen 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.

Proen 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
=557.52/1801.129
=0.31

Proen 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
=557.52/1801.129
=0.31

* 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.


Proen PCL  (BKK:PROEN) 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%.


Proen PCL Equity-to-Asset Related Terms

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


Proen PCL (BKK:PROEN) Business Description

Traded in Other Exchanges
N/A
Address
Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500
Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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