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Sky Tower PCL (BKK:STOWER) Equity-to-Asset : 0.73 (As of Mar. 2024)


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What is Sky Tower PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sky Tower PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿883.3 Mil. Sky Tower PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,207.5 Mil. Therefore, Sky Tower PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.73.

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

BKK:STOWER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.57   Max: 0.9
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Sky Tower PCL was 0.90. The lowest was 0.17. And the median was 0.57.

BKK:STOWER's Equity-to-Asset is ranked better than
78.45% of 631 companies
in the Steel industry
Industry Median: 0.53 vs BKK:STOWER: 0.73

Sky Tower PCL Equity-to-Asset Historical Data

The historical data trend for Sky Tower 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.

Sky Tower PCL Equity-to-Asset Chart

Sky Tower 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 0.21 0.25 0.75 0.88 0.79

Sky Tower 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 0.88 0.84 0.83 0.79 0.73

Competitive Comparison of Sky Tower PCL's Equity-to-Asset

For the Steel subindustry, Sky Tower 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.


Sky Tower PCL's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sky Tower PCL's Equity-to-Asset distribution charts can be found below:

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



Sky Tower 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.

Sky Tower 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
=902.121/1144.673
=0.79

Sky Tower 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
=883.348/1207.473
=0.73

* 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.


Sky Tower PCL  (BKK:STOWER) 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%.


Sky Tower PCL Equity-to-Asset Related Terms

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


Sky Tower PCL (BKK:STOWER) Business Description

Traded in Other Exchanges
N/A
Address
247, Romklow Road, Saensaeb, Minburi, Bangkok, THA, 10510
Sky Tower PCL is engaged in the production and distribution of galvanized steel structures for electricity poles, telecommunication poles, and electricity sub-station galvanizing service and distributing power transmission equipment.

Sky Tower PCL (BKK:STOWER) Headlines

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