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ASN Broker PCL (BKK:ASN) Liabilities-to-Assets : 0.46 (As of Mar. 2024)


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What is ASN Broker PCL Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. ASN Broker PCL's Total Liabilities for the quarter that ended in Mar. 2024 was ฿255.6 Mil. ASN Broker PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿550.3 Mil. Therefore, ASN Broker PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.46.


ASN Broker PCL Liabilities-to-Assets Historical Data

The historical data trend for ASN Broker PCL's Liabilities-to-Assets 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.

ASN Broker PCL Liabilities-to-Assets Chart

ASN Broker PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.23 0.25 0.49 0.48 0.47

ASN Broker PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.47 0.47 0.47 0.47 0.46

Competitive Comparison of ASN Broker PCL's Liabilities-to-Assets

For the Insurance Brokers subindustry, ASN Broker PCL's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


ASN Broker PCL's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ASN Broker PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where ASN Broker PCL's Liabilities-to-Assets falls into.



ASN Broker PCL Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

ASN Broker PCL's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=263.863/557.696
=0.47

ASN Broker PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=255.571/550.333
=0.46

* 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.


ASN Broker PCL  (BKK:ASN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


ASN Broker PCL Liabilities-to-Assets Related Terms

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ASN Broker PCL (BKK:ASN) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 388 IBM Tower, 16th Floor, Zone B, Samsennai, Phayathai, Bangkok, THA, 10400
ASN Broker PCL is a Thailand-based company engaged in providing loans and non-life insurance broker activity. The company operates in the segments of Insurance broker; Loan and Peer-to-peer Lending. The company derives key revenue from the insurance broker segment which provides non-life insurance broker and life insurance broker services. The loan segment provides lending services through the peer-to-peer lending platform and personal loans. The group operates in Thailand only.

ASN Broker PCL (BKK:ASN) Headlines

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