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Srithai Superware PCL (BKK:SITHAI) Equity-to-Asset : 0.59 (As of Mar. 2024)


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What is Srithai Superware PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Srithai Superware PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿4,498 Mil. Srithai Superware PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿7,602 Mil. Therefore, Srithai Superware PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

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

BKK:SITHAI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.43   Max: 0.59
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Srithai Superware PCL was 0.59. The lowest was 0.39. And the median was 0.43.

BKK:SITHAI's Equity-to-Asset is ranked better than
57.33% of 389 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs BKK:SITHAI: 0.59

Srithai Superware PCL Equity-to-Asset Historical Data

The historical data trend for Srithai Superware 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.

Srithai Superware PCL Equity-to-Asset Chart

Srithai Superware 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 0.44 0.46 0.49 0.51 0.57

Srithai Superware 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 0.52 0.53 0.54 0.57 0.59

Competitive Comparison of Srithai Superware PCL's Equity-to-Asset

For the Packaging & Containers subindustry, Srithai Superware 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.


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

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

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



Srithai Superware 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.

Srithai Superware 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
=4278.849/7561.655
=0.57

Srithai Superware 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
=4498.188/7601.914
=0.59

* 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.


Srithai Superware PCL  (BKK:SITHAI) 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%.


Srithai Superware PCL Equity-to-Asset Related Terms

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Srithai Superware PCL (BKK:SITHAI) Business Description

Traded in Other Exchanges
N/A
Address
15 Suksawat Road, Soi 36, Bangpakok, Rat Burana, Bangkok, THA, 10140
Srithai Superware PCL is principally engaged in the manufacture and distribution of plastics products such as plastic products for household and plastic products for industry and the manufacture and distribution of moulds. The company's business is divided into a plastic business line, consisting of household products business unit and industrial products business unit, and moulds and others business line.

Srithai Superware PCL (BKK:SITHAI) Headlines

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