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Symphony Communication PCL (BKK:SYMC) Equity-to-Asset : 0.69 (As of Dec. 2023)


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What is Symphony Communication PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Symphony Communication PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿2,909 Mil. Symphony Communication PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿4,245 Mil. Therefore, Symphony Communication PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.

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

BKK:SYMC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.55   Max: 0.69
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Symphony Communication PCL was 0.69. The lowest was 0.35. And the median was 0.55.

BKK:SYMC's Equity-to-Asset is ranked better than
86.45% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs BKK:SYMC: 0.69

Symphony Communication PCL Equity-to-Asset Historical Data

The historical data trend for Symphony Communication 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.

Symphony Communication PCL Equity-to-Asset Chart

Symphony Communication 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 0.59 0.58 0.63 0.62 0.69

Symphony Communication 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 0.62 0.63 0.66 0.66 0.69

Competitive Comparison of Symphony Communication PCL's Equity-to-Asset

For the Telecom Services subindustry, Symphony Communication 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.


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

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

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



Symphony Communication 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.

Symphony Communication 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
=2908.541/4244.851
=0.69

Symphony Communication 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
=2908.541/4244.851
=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.


Symphony Communication PCL  (BKK:SYMC) 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%.


Symphony Communication PCL Equity-to-Asset Related Terms

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


Symphony Communication PCL (BKK:SYMC) Business Description

Traded in Other Exchanges
N/A
Address
Vibhavadee Rangsit Road, 123 Suntowers Building B, 35th-36th Floor, Chomphon, Chatuchak, Bangkok, THA, 10900
Symphony Communication PCL is engaged in the provision of communication high-speed circuit services. The company has been granted licenses from the National Broadcasting and Telecommunications Commission (NBTC) to provide telecommunication services. It includes Telecom Operation License Type 1, Telecom Operation License Type 2, and Telecom Operation License Type 3. The company's products and service lines include connectivity service, network equipment, installation of network equipment, and maintenance service of network equipment of which key revenue is derived from the connectivity service.

Symphony Communication PCL (BKK:SYMC) Headlines

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