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The Practical Solution PCL (BKK:TPS) Equity-to-Asset : 0.57 (As of Mar. 2024)


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What is The Practical Solution PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Practical Solution PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿647 Mil. The Practical Solution PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,143 Mil. Therefore, The Practical Solution PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.57.

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

BKK:TPS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.55   Max: 0.63
Current: 0.57

During the past 8 years, the highest Equity to Asset Ratio of The Practical Solution PCL was 0.63. The lowest was 0.42. And the median was 0.55.

BKK:TPS's Equity-to-Asset is ranked better than
50.9% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs BKK:TPS: 0.57

The Practical Solution PCL Equity-to-Asset Historical Data

The historical data trend for The Practical Solution 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.

The Practical Solution PCL Equity-to-Asset Chart

The Practical Solution PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.60 0.61 0.52 0.51 0.51

The Practical Solution 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 0.56 0.53 0.48 0.51 0.57

Competitive Comparison of The Practical Solution PCL's Equity-to-Asset

For the Communication Equipment subindustry, The Practical Solution 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.


The Practical Solution PCL's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, The Practical Solution PCL's Equity-to-Asset distribution charts can be found below:

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



The Practical Solution 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.

The Practical Solution 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
=559.224/1098.566
=0.51

The Practical Solution 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
=646.787/1143.379
=0.57

* 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.


The Practical Solution PCL  (BKK:TPS) 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%.


The Practical Solution PCL Equity-to-Asset Related Terms

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


The Practical Solution PCL (BKK:TPS) Business Description

Traded in Other Exchanges
N/A
Address
Rachadapisek Road, 99 Cement Thai Alley, Lat Yao, Chatuchak, Bangkok, THA, 10900
The Practical Solution PCL is engaged in the distribution and installation of computer network systems, fully integrated communication systems, wireless communication systems, network security systems, data center solution and management systems and network system management including to provide maintenance services related to such systems. The firm operates in the segments of Sales including installment, and Others. It also provides after-sales service and system maintenance and other information technology services. Its products and services include Cisco, Paloalto, Netapp, Fortinet, system installation and maintenance. The company operates its business in Thailand.

The Practical Solution PCL (BKK:TPS) Headlines

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