GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ratchthani Leasing PCL (BKK:THANI) » Definitions » Equity-to-Asset

Ratchthani Leasing PCL (BKK:THANI) Equity-to-Asset : 0.23 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Ratchthani Leasing PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ratchthani Leasing PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿13,028 Mil. Ratchthani Leasing PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿55,981 Mil. Therefore, Ratchthani Leasing PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.23.

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

BKK:THANI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.15   Max: 0.24
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Ratchthani Leasing PCL was 0.24. The lowest was 0.13. And the median was 0.15.

BKK:THANI's Equity-to-Asset is ranked worse than
64.09% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs BKK:THANI: 0.23

Ratchthani Leasing PCL Equity-to-Asset Historical Data

The historical data trend for Ratchthani Leasing 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.

Ratchthani Leasing PCL Equity-to-Asset Chart

Ratchthani Leasing 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 0.15 0.22 0.24 0.23 0.23

Ratchthani Leasing 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 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 0.23 0.22 0.23 0.23 0.23

Competitive Comparison of Ratchthani Leasing PCL's Equity-to-Asset

For the Credit Services subindustry, Ratchthani Leasing 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.


Ratchthani Leasing PCL's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's Equity-to-Asset distribution charts can be found below:

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



Ratchthani Leasing 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.

Ratchthani Leasing 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
=12684.925/55259.631
=0.23

Ratchthani Leasing 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
=13028.116/55980.831
=0.23

* 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.


Ratchthani Leasing PCL  (BKK:THANI) 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%.


Ratchthani Leasing PCL Equity-to-Asset Related Terms

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


Ratchthani Leasing PCL (BKK:THANI) Business Description

Traded in Other Exchanges
N/A
Address
77/35-36, Krung Thon Buri, 11th UP Floor, Sinsathorn Tower, Klongtonsai, Klongsarn, Bangkok, THA, 10600
Ratchthani Leasing PCL is a public company incorporated and domiciled in Thailand. The company is principally engaged in providing financial services specifically hire-purchase and leasing. Ratchathani Leasing PCL is organized into business units based on its products and services and has three reportable segments, namely, New Cars, Used Cars, and Others. The company operates only in Thailand and generates a majority of its revenue from Hire purchase interest income.

Ratchthani Leasing PCL (BKK:THANI) Headlines

No Headlines