Thai Coconut PCL (BKK:COCOCO) Equity-to-Asset : 0.61 (As of Sep. 2023)

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What is Thai Coconut PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Coconut PCL's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ฿3,464 Mil. Thai Coconut PCL's Total Assets for the quarter that ended in Sep. 2023 was ฿5,661 Mil. Therefore, Thai Coconut PCL's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.61.

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

BKK:COCOCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.41 Max: 0.61
Current: 0.61

During the past 4 years, the highest Equity to Asset Ratio of Thai Coconut PCL was 0.61. The lowest was 0.37. And the median was 0.41.

BKK:COCOCO's Equity-to-Asset is ranked better than
60.43% of 1928 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs BKK:COCOCO: 0.61

Thai Coconut PCL Equity-to-Asset Historical Data

The historical data trend for Thai Coconut 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.

Thai Coconut PCL Equity-to-Asset Chart

Thai Coconut PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.51

0.37

0.40

0.43

Thai Coconut PCL Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	-	0.43	0.38	0.61

Competitive Comparison of Thai Coconut PCL's Equity-to-Asset

For the Packaged Foods subindustry, Thai Coconut 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.

Thai Coconut PCL's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's Equity-to-Asset distribution charts can be found below:

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

Thai Coconut 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.

Thai Coconut PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	1333.445	/	3113.324
	=	0.43

Thai Coconut PCL's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	3463.574	/	5661.41
	=	0.61

Thai Coconut PCL (BKK:COCOCO) 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%.

Thai Coconut PCL Equity-to-Asset Related Terms

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

Thai Coconut PCL (BKK:COCOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Coconut PCL (BKK:COCOCO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120

Website

https://www.thaicoconut.com

Thai Coconut PCL is engaged in the production and distribution of coconut products. Its Products include coconut milk, coconut water, virgin coconut oil, ready curry soup, coconut snacks, desiccated coconut, etc. Products from its factory are produced under the Thaicoco and Cocoburi brands. Its segments are Coconut milk and Coconut water. It generates the majority of its revenue from Coconut milk.

Thai Coconut PCL (BKK:COCOCO) Headlines

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