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Starflex PCL (BKK:SFLEX) Equity-to-Asset : 0.48 (As of Mar. 2024)


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What is Starflex PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Starflex PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,058 Mil. Starflex PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿2,214 Mil. Therefore, Starflex PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.48.

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

BKK:SFLEX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.59   Max: 0.69
Current: 0.48

During the past 8 years, the highest Equity to Asset Ratio of Starflex PCL was 0.69. The lowest was 0.40. And the median was 0.59.

BKK:SFLEX's Equity-to-Asset is ranked worse than
61.44% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs BKK:SFLEX: 0.48

Starflex PCL Equity-to-Asset Historical Data

The historical data trend for Starflex 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.

Starflex PCL Equity-to-Asset Chart

Starflex PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.69 0.64 0.62 0.49

Starflex 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 0.58 0.58 0.61 0.49 0.48

Competitive Comparison of Starflex PCL's Equity-to-Asset

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Equity-to-Asset distribution charts can be found below:

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



Starflex 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.

Starflex 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
=1000.509/2036.097
=0.49

Starflex 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
=1057.832/2214.134
=0.48

* 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.


Starflex PCL  (BKK:SFLEX) 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%.


Starflex PCL Equity-to-Asset Related Terms

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


Starflex PCL (BKK:SFLEX) Business Description

Traded in Other Exchanges
N/A
Address
189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.

Starflex PCL (BKK:SFLEX) Headlines

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