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Sanko Diecasting (Thailand) PCL (BKK:SANKO) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Sanko Diecasting (Thailand) PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sanko Diecasting (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿256.4 Mil. Sanko Diecasting (Thailand) PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿542.0 Mil. Therefore, Sanko Diecasting (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

The historical rank and industry rank for Sanko Diecasting (Thailand) PCL's Equity-to-Asset or its related term are showing as below:

BKK:SANKO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.46   Max: 0.55
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Sanko Diecasting (Thailand) PCL was 0.55. The lowest was 0.38. And the median was 0.46.

BKK:SANKO's Equity-to-Asset is ranked better than
51.34% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs BKK:SANKO: 0.47

Sanko Diecasting (Thailand) PCL Equity-to-Asset Historical Data

The historical data trend for Sanko Diecasting (Thailand) 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.

Sanko Diecasting (Thailand) PCL Equity-to-Asset Chart

Sanko Diecasting (Thailand) 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 0.50 0.40 0.38 0.41 0.47

Sanko Diecasting (Thailand) PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.44 0.43 0.46 0.47

Competitive Comparison of Sanko Diecasting (Thailand) PCL's Equity-to-Asset

For the Auto Parts subindustry, Sanko Diecasting (Thailand) 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.


Sanko Diecasting (Thailand) PCL's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanko Diecasting (Thailand) PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sanko Diecasting (Thailand) PCL's Equity-to-Asset falls into.



Sanko Diecasting (Thailand) 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.

Sanko Diecasting (Thailand) 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
=256.385/541.991
=0.47

Sanko Diecasting (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=256.385/541.991
=0.47

* 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.


Sanko Diecasting (Thailand) PCL  (BKK:SANKO) 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%.


Sanko Diecasting (Thailand) PCL Equity-to-Asset Related Terms

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


Sanko Diecasting (Thailand) PCL (BKK:SANKO) Business Description

Traded in Other Exchanges
N/A
Address
3/14 Moo. 2, Tambol Nongbua, Rojana Industrial Park Rayong, Amphur Bankhai, Rayong, THA, 21120
Sanko Diecasting (Thailand) PCL is involved in the manufacturing and distribution of steel products and steel parts. Its only operating segment being manufacturing and distribution of mold and aluminium parts. The company's product categories include automotive; motorcycles; electric; agricultural machinery and home decoration. Geographically, it operates only in Thailand. It derives a majority of revenue from aluminum parts.

Sanko Diecasting (Thailand) PCL (BKK:SANKO) Headlines

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