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Sahamitr Pressure Container PCL (BKK:SMPC) Equity-to-Asset : 0.62 (As of Mar. 2024)


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What is Sahamitr Pressure Container PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sahamitr Pressure Container PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,807 Mil. Sahamitr Pressure Container PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿4,561 Mil. Therefore, Sahamitr Pressure Container PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

BKK:SMPC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.6   Max: 0.74
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Sahamitr Pressure Container PCL was 0.74. The lowest was 0.38. And the median was 0.60.

BKK:SMPC's Equity-to-Asset is ranked better than
60.65% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs BKK:SMPC: 0.62

Sahamitr Pressure Container PCL Equity-to-Asset Historical Data

The historical data trend for Sahamitr Pressure Container 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.

Sahamitr Pressure Container PCL Equity-to-Asset Chart

Sahamitr Pressure Container 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 0.74 0.67 0.57 0.64 0.72

Sahamitr Pressure Container 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 0.67 0.72 0.74 0.72 0.62

Competitive Comparison of Sahamitr Pressure Container PCL's Equity-to-Asset

For the Metal Fabrication subindustry, Sahamitr Pressure Container 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.


Sahamitr Pressure Container PCL's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sahamitr Pressure Container PCL's Equity-to-Asset distribution charts can be found below:

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



Sahamitr Pressure Container 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.

Sahamitr Pressure Container 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
=2765.189/3869.609
=0.71

Sahamitr Pressure Container 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
=2807.026/4560.546
=0.62

* 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.


Sahamitr Pressure Container PCL  (BKK:SMPC) 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%.


Sahamitr Pressure Container PCL Equity-to-Asset Related Terms

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Sahamitr Pressure Container PCL (BKK:SMPC) Business Description

Traded in Other Exchanges
N/A
Address
Bangkhunthien-Chaitalay Road, 92, Soi Thientalay 7, 4th Intersection, Samaedam, Bangkhunthien, Bangkok, THA, 10150
Sahamitr Pressure Container PCLy is engaged in the manufacturing of LPG and other pressure cylinders for both domestic and export sales. In addition, the Company also provides services for container repairs and quality testing for each country's standards.

Sahamitr Pressure Container PCL (BKK:SMPC) Headlines

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