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Advanced Connection PCL (BKK:ACC) Equity-to-Asset : 0.86 (As of Dec. 2023)


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What is Advanced Connection PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advanced Connection PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿587.5 Mil. Advanced Connection PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿684.7 Mil. Therefore, Advanced Connection PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.86.

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

BKK:ACC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.61   Max: 0.97
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of Advanced Connection PCL was 0.97. The lowest was 0.43. And the median was 0.61.

BKK:ACC's Equity-to-Asset is ranked better than
90.09% of 535 companies
in the Conglomerates industry
Industry Median: 0.44 vs BKK:ACC: 0.86

Advanced Connection PCL Equity-to-Asset Historical Data

The historical data trend for Advanced Connection 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.

Advanced Connection PCL Equity-to-Asset Chart

Advanced Connection PCL Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.61 0.54 0.85 0.86

Advanced Connection 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 0.85 0.83 0.84 0.83 0.86

Competitive Comparison of Advanced Connection PCL's Equity-to-Asset

For the Conglomerates subindustry, Advanced Connection 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.


Advanced Connection PCL's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Advanced Connection PCL's Equity-to-Asset distribution charts can be found below:

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



Advanced Connection 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.

Advanced Connection 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
=587.451/684.745
=0.86

Advanced Connection 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
=587.451/684.745
=0.86

* 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.


Advanced Connection PCL  (BKK:ACC) 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%.


Advanced Connection PCL Equity-to-Asset Related Terms

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


Advanced Connection PCL (BKK:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, 944 Mitrtown Office Tower, 16th Floor, Wangmai Pathumwan, Bangkok, THA, 10250
Advanced Connection Corp PCL is engaged in manufacturing and distributing ceiling fans, renting property, banquets, and restaurants, property development, investment in alternative energy, and financing. The company's activities are; investment in renewable energy, real estate development, distribution, rental, lending and asset management, construction business, and commercial hemp business. Its business segments are; Construction contracts, Property development, Financing, Alternative energy, Trading, and Hemp and marijuana.

Advanced Connection PCL (BKK:ACC) Headlines

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