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Grand Canal Land PCL (BKK:GLAND) Equity-to-Asset : 0.52 (As of Mar. 2024)


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What is Grand Canal Land PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grand Canal Land PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿15,790 Mil. Grand Canal Land PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿30,301 Mil. Therefore, Grand Canal Land PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.52.

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

BKK:GLAND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.46   Max: 0.52
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Grand Canal Land PCL was 0.52. The lowest was 0.37. And the median was 0.46.

BKK:GLAND's Equity-to-Asset is ranked better than
62.63% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs BKK:GLAND: 0.52

Grand Canal Land PCL Equity-to-Asset Historical Data

The historical data trend for Grand Canal Land 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.

Grand Canal Land PCL Equity-to-Asset Chart

Grand Canal Land 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 0.43 0.48 0.50 0.51 0.52

Grand Canal Land 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 0.51 0.52 0.52 0.52 0.52

Competitive Comparison of Grand Canal Land PCL's Equity-to-Asset

For the Real Estate Services subindustry, Grand Canal Land 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.


Grand Canal Land PCL's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grand Canal Land PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grand Canal Land PCL's Equity-to-Asset falls into.



Grand Canal Land 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.

Grand Canal Land 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
=15696.526/30135.232
=0.52

Grand Canal Land 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
=15790.324/30300.608
=0.52

* 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.


Grand Canal Land PCL  (BKK:GLAND) 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%.


Grand Canal Land PCL Equity-to-Asset Related Terms

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


Grand Canal Land PCL (BKK:GLAND) Business Description

Traded in Other Exchanges
N/A
Address
33/4 Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Grand Canal Land PCL is a Thailand based property development company. It operates in two business segments including the Real estate for sale business and Real estate for rental and service business. Real estate for sale business, consists of land and house projects and residential condominium projects; Real estate for rental and service business, consists of an office building for rent project. The company generates maximum revenue from the Real estate for rental and service business segment.

Grand Canal Land PCL (BKK:GLAND) Headlines

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