Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Equity-to-Asset : 0.39 (As of Mar. 2024)

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What is Kiang Huat Sea Gull Trading Frozen Food PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kiang Huat Sea Gull Trading Frozen Food PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿956 Mil. Kiang Huat Sea Gull Trading Frozen Food PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿2,445 Mil. Therefore, Kiang Huat Sea Gull Trading Frozen Food PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

The historical rank and industry rank for Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset or its related term are showing as below:

BKK:CHOTI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.65 Max: 0.77
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Kiang Huat Sea Gull Trading Frozen Food PCL was 0.77. The lowest was 0.37. And the median was 0.65.

BKK:CHOTI's Equity-to-Asset is ranked worse than
70.39% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BKK:CHOTI: 0.39

Kiang Huat Sea Gull Trading Frozen Food PCL Equity-to-Asset Historical Data

The historical data trend for Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food PCL Equity-to-Asset Chart

Kiang Huat Sea Gull Trading Frozen Food PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.69

0.68

0.64

0.39

0.38

Kiang Huat Sea Gull Trading Frozen Food 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															0.37	0.38	0.40	0.38	0.39

Competitive Comparison of Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset

For the Packaged Foods subindustry, Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset falls into.

Kiang Huat Sea Gull Trading Frozen Food 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.

Kiang Huat Sea Gull Trading Frozen Food 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
	=	972.682	/	2558.034
	=	0.38

Kiang Huat Sea Gull Trading Frozen Food 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
	=	955.991	/	2444.566
	=	0.39

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) 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%.

Kiang Huat Sea Gull Trading Frozen Food PCL Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kiang Huat Sea Gull Trading Frozen Food PCL's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310

Website

https://www.kst-hatyai.com

Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.

Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Headlines

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