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Asia Green Energy PCL (BKK:AGE) Equity-to-Asset : 0.38 (As of Mar. 2024)


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What is Asia Green Energy PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Green Energy PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿3,220 Mil. Asia Green Energy PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿8,502 Mil. Therefore, Asia Green Energy PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.38.

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

BKK:AGE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.37   Max: 0.5
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Asia Green Energy PCL was 0.50. The lowest was 0.28. And the median was 0.37.

BKK:AGE's Equity-to-Asset is ranked worse than
77.35% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs BKK:AGE: 0.38

Asia Green Energy PCL Equity-to-Asset Historical Data

The historical data trend for Asia Green Energy 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.

Asia Green Energy PCL Equity-to-Asset Chart

Asia Green Energy 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 0.37 0.35 0.33 0.37 0.44

Asia Green Energy 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 0.40 0.41 0.45 0.44 0.38

Competitive Comparison of Asia Green Energy PCL's Equity-to-Asset

For the Thermal Coal subindustry, Asia Green Energy 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.


Asia Green Energy PCL's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Asia Green Energy PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Green Energy PCL's Equity-to-Asset falls into.



Asia Green Energy 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.

Asia Green Energy 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
=3342.289/7544.184
=0.44

Asia Green Energy 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
=3220.45/8501.871
=0.38

* 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.


Asia Green Energy PCL  (BKK:AGE) 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%.


Asia Green Energy PCL Equity-to-Asset Related Terms

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


Asia Green Energy PCL (BKK:AGE) Business Description

Traded in Other Exchanges
N/A
Address
273/1 Rama II Road, Samaedum, Bangkhuntien, Bangkok, THA, 10150
Asia Green Energy PCL is engaged in the distribution of coal for industrial use. The company's operation consists of importing and distributing the business of clean Bituminous coal from Indonesia and distributing it both inside and outside the country. The company is organized into business units based on its products and services and has two segments, the Coal business segment, and the Logistic business. The company earns maximum revenue from the coal business.