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Chiang Mai Ram Medical Business PCL (BKK:CMR) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Chiang Mai Ram Medical Business PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chiang Mai Ram Medical Business PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿4,375 Mil. Chiang Mai Ram Medical Business PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿12,383 Mil. Therefore, Chiang Mai Ram Medical Business PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

The historical rank and industry rank for Chiang Mai Ram Medical Business PCL's Equity-to-Asset or its related term are showing as below:

BKK:CMR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.39   Max: 0.45
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Chiang Mai Ram Medical Business PCL was 0.45. The lowest was 0.32. And the median was 0.39.

BKK:CMR's Equity-to-Asset is ranked worse than
62.87% of 676 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BKK:CMR: 0.35

Chiang Mai Ram Medical Business PCL Equity-to-Asset Historical Data

The historical data trend for Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business PCL Equity-to-Asset Chart

Chiang Mai Ram Medical Business 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 0.37 0.33 0.32 0.35 0.35

Chiang Mai Ram Medical Business 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 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 0.35 0.34 0.33 0.35 0.35

Competitive Comparison of Chiang Mai Ram Medical Business PCL's Equity-to-Asset

For the Medical Care Facilities subindustry, Chiang Mai Ram Medical Business 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.


Chiang Mai Ram Medical Business PCL's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chiang Mai Ram Medical Business PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chiang Mai Ram Medical Business PCL's Equity-to-Asset falls into.



Chiang Mai Ram Medical Business 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.

Chiang Mai Ram Medical Business 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
=4375.225/12382.75
=0.35

Chiang Mai Ram Medical Business 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
=4375.225/12382.75
=0.35

* 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.


Chiang Mai Ram Medical Business PCL  (BKK:CMR) 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%.


Chiang Mai Ram Medical Business PCL Equity-to-Asset Related Terms

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Chiang Mai Ram Medical Business PCL (BKK:CMR) Business Description

Traded in Other Exchanges
N/A
Address
1, Sukkasem Road, Nakhon Ping Sub-district, Patan Subdistrict, Mueang District, Chiangmai, THA, 50300
Chiang Mai Ram Medical Business PCL is a Thailand-based company. It provides medical services in the nature of General Hospital, Hospital in Social Security, and the national health security office systems. It offers various medical services including a Dental center, X-Ray Mobile for a checkup, CT Multislice, Cardiac Catheterization Center, Back pain center, Gynecologic Cancer center Physical therapy, Operating theatres, Laboratory, Ambulance Services, and Health checkup center, among others. It provides medical services through the Lanna Hospital.

Chiang Mai Ram Medical Business PCL (BKK:CMR) Headlines

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