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Grande Asset Hotels And Property PCL (BKK:GRAND) Equity-to-Asset : 0.17 (As of Dec. 2023)


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What is Grande Asset Hotels And Property PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grande Asset Hotels And Property PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿3,070 Mil. Grande Asset Hotels And Property PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿18,266 Mil. Therefore, Grande Asset Hotels And Property PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

The historical rank and industry rank for Grande Asset Hotels And Property PCL's Equity-to-Asset or its related term are showing as below:

BKK:GRAND' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.55
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Grande Asset Hotels And Property PCL was 0.55. The lowest was 0.17. And the median was 0.31.

BKK:GRAND's Equity-to-Asset is ranked worse than
80.5% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.48 vs BKK:GRAND: 0.17

Grande Asset Hotels And Property PCL Equity-to-Asset Historical Data

The historical data trend for Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL Equity-to-Asset Chart

Grande Asset Hotels And Property 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 0.28 0.23 0.24 0.21 0.17

Grande Asset Hotels And Property 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 0.21 0.20 0.19 0.18 0.17

Competitive Comparison of Grande Asset Hotels And Property PCL's Equity-to-Asset

For the Lodging subindustry, Grande Asset Hotels And Property 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.


Grande Asset Hotels And Property PCL's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grande Asset Hotels And Property PCL's Equity-to-Asset falls into.



Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property 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
=3070.378/18266.162
=0.17

Grande Asset Hotels And Property 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
=3070.378/18266.162
=0.17

* 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.


Grande Asset Hotels And Property PCL  (BKK:GRAND) 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%.


Grande Asset Hotels And Property PCL Equity-to-Asset Related Terms

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Grande Asset Hotels And Property PCL (BKK:GRAND) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Klongtoey Sub-district, Klongtoey District, Bangkok, THA, 10110
Grande Asset Hotels And Property PCL is a company. operates in the hotel industry. Its operating segments include Hotel business; Rental business, and Property development business., of which prime revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Sheraton Hua Hin Pranburi Villas, Sheraton Hua Hin Resort & Spa Hotel, The Westin Grande Sukhumvit, Hyde Sukhumvit Condominium, Hua Hin Blue Lagoon Resort, and The Trendy Condominium.

Grande Asset Hotels And Property PCL (BKK:GRAND) Headlines

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