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Thai Nakarin Hospital PCL (BKK:TNH-F) Equity-to-Asset : 0.85 (As of Oct. 2023)


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What is Thai Nakarin Hospital PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Nakarin Hospital PCL's Total Stockholders Equity for the quarter that ended in Oct. 2023 was ฿2,865 Mil. Thai Nakarin Hospital PCL's Total Assets for the quarter that ended in Oct. 2023 was ฿3,362 Mil. Therefore, Thai Nakarin Hospital PCL's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.85.

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

BKK:TNH-F' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.83   Max: 0.86
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Thai Nakarin Hospital PCL was 0.86. The lowest was 0.62. And the median was 0.83.

BKK:TNH-F's Equity-to-Asset is ranked better than
91.75% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BKK:TNH-F: 0.85

Thai Nakarin Hospital PCL Equity-to-Asset Historical Data

The historical data trend for Thai Nakarin Hospital 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.

Thai Nakarin Hospital PCL Equity-to-Asset Chart

Thai Nakarin Hospital PCL Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.86 0.84 0.84 0.86

Thai Nakarin Hospital PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.84 0.84 0.85 0.86 0.85

Competitive Comparison of Thai Nakarin Hospital PCL's Equity-to-Asset

For the Medical Care Facilities subindustry, Thai Nakarin Hospital 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.


Thai Nakarin Hospital PCL's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Thai Nakarin Hospital PCL's Equity-to-Asset distribution charts can be found below:

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



Thai Nakarin Hospital 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.

Thai Nakarin Hospital PCL's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=2734.632/3181.146
=0.86

Thai Nakarin Hospital PCL's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=2864.937/3362.476
=0.85

* 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.


Thai Nakarin Hospital PCL  (BKK:TNH-F) 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%.


Thai Nakarin Hospital PCL Equity-to-Asset Related Terms

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Thai Nakarin Hospital PCL (BKK:TNH-F) Business Description

Traded in Other Exchanges
Address
No. 345 Debaratna Road, km.3.5 Bangna Nuea, Bangna, Bangkok, THA, 10260
Thai Nakarin Hospital PCL is engaged in operating hospital in Thailand. It provides inpatient and outpatient services, and medical services. The company's operating units consists of an emergency department, X-ray unit, pharmacy department, physical therapy department, laboratory department and others.

Thai Nakarin Hospital PCL (BKK:TNH-F) Headlines

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