Gulf Energy Development PCL (BKK:GULF) Equity-to-Asset : 0.25 (As of Dec. 2023)

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What is Gulf Energy Development PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Energy Development PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿116,585 Mil. Gulf Energy Development PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿459,514 Mil. Therefore, Gulf Energy Development PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

BKK:GULF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.27 Max: 0.34
Current: 0.25

During the past 10 years, the highest Equity to Asset Ratio of Gulf Energy Development PCL was 0.34. The lowest was 0.04. And the median was 0.27.

BKK:GULF's Equity-to-Asset is ranked worse than
73.8% of 439 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs BKK:GULF: 0.25

Gulf Energy Development PCL Equity-to-Asset Historical Data

The historical data trend for Gulf Energy Development 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.

Gulf Energy Development PCL Equity-to-Asset Chart

Gulf Energy Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.29

0.26

0.27

0.25

Gulf Energy Development 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															0.27	0.25	0.25	0.24	0.25

Competitive Comparison of Gulf Energy Development PCL's Equity-to-Asset

For the Utilities - Renewable subindustry, Gulf Energy Development 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.

Gulf Energy Development PCL's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Energy Development PCL's Equity-to-Asset distribution charts can be found below:

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

Gulf Energy Development 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.

Gulf Energy Development 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
	=	116584.982	/	459514.167
	=	0.25

Gulf Energy Development 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
	=	116584.982	/	459514.167
	=	0.25

Gulf Energy Development PCL (BKK:GULF) 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%.

Gulf Energy Development PCL Equity-to-Asset Related Terms

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

Gulf Energy Development PCL (BKK:GULF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Gulf Energy Development PCL (BKK:GULF) » Definitions » Equity-to-Asset

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Traded in Other Exchanges

GULF-F:Thailand

Address

Wireless Road, All Seasons Place, 87 M.Thai Tower 11th Floor, Lumpini, Pathumwan, Bangkok, THA, 10330

Website

https://www.gulf.co.th

Gulf Energy Development PCL is a Thailand based business, that engages in electricity-generating business. The principal operation of the group is to generate and sell electricity, steam and cold water storing and converting natural gas from liquid to gas, provide satellite services and, and other related businesses. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. It operates through the following segments: The power segment, the Infrastructure segment, Satellite business segment, and Consulting segment. Geographically the company caters its services to both domestic and international markets.