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Kijcharoen Engineering Electric PCL (BKK:KJL) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Kijcharoen Engineering Electric PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kijcharoen Engineering Electric PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿651 Mil. Kijcharoen Engineering Electric PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,107 Mil. Therefore, Kijcharoen Engineering Electric PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

BKK:KJL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 0.59
Current: 0.59

During the past 4 years, the highest Equity to Asset Ratio of Kijcharoen Engineering Electric PCL was 0.59. The lowest was 0.28. And the median was 0.51.

BKK:KJL's Equity-to-Asset is ranked better than
55.67% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs BKK:KJL: 0.59

Kijcharoen Engineering Electric PCL Equity-to-Asset Historical Data

The historical data trend for Kijcharoen Engineering Electric 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.

Kijcharoen Engineering Electric PCL Equity-to-Asset Chart

Kijcharoen Engineering Electric PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.30 0.28 0.51 0.58

Kijcharoen Engineering Electric PCL Quarterly Data
Dec20 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 0.54 0.51 0.55 0.58 0.59

Competitive Comparison of Kijcharoen Engineering Electric PCL's Equity-to-Asset

For the Metal Fabrication subindustry, Kijcharoen Engineering Electric 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.


Kijcharoen Engineering Electric PCL's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kijcharoen Engineering Electric PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kijcharoen Engineering Electric PCL's Equity-to-Asset falls into.



Kijcharoen Engineering Electric 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.

Kijcharoen Engineering Electric 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
=616.666/1057.773
=0.58

Kijcharoen Engineering Electric 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
=651.287/1106.695
=0.59

* 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.


Kijcharoen Engineering Electric PCL  (BKK:KJL) 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%.


Kijcharoen Engineering Electric PCL Equity-to-Asset Related Terms

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Kijcharoen Engineering Electric PCL (BKK:KJL) Business Description

Traded in Other Exchanges
N/A
Address
61 and 61/5 Moo 8 Soi Wirunrat Setthakit Road, Thamai, Krathum Baen, Samut Sakhon, THA, 74110
Kijcharoen Engineering Electric PCL is engaged in production and distribution of electrical cabinets, wireway and all kinds of wiring devices.

Kijcharoen Engineering Electric PCL (BKK:KJL) Headlines

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