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Forth PCL (BKK:FORTH-R) Equity-to-Asset : 0.19 (As of Dec. 2023)


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What is Forth PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forth PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿2,088 Mil. Forth PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿11,122 Mil. Therefore, Forth PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

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

BKK:FORTH-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.2   Max: 0.32
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of Forth PCL was 0.32. The lowest was 0.17. And the median was 0.20.

BKK:FORTH-R's Equity-to-Asset is ranked worse than
92.31% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs BKK:FORTH-R: 0.19

Forth PCL Equity-to-Asset Historical Data

The historical data trend for Forth 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.

Forth PCL Equity-to-Asset Chart

Forth 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 0.20 0.17 0.19 0.18 0.19

Forth 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 0.18 0.20 0.18 0.18 0.19

Competitive Comparison of Forth PCL's Equity-to-Asset

For the Electronic Components subindustry, Forth 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.


Forth PCL's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forth PCL's Equity-to-Asset distribution charts can be found below:

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



Forth 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.

Forth 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
=2088.183/11122.439
=0.19

Forth 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
=2088.183/11122.439
=0.19

* 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.


Forth PCL  (BKK:FORTH-R) 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%.


Forth PCL Equity-to-Asset Related Terms

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


Forth PCL (BKK:FORTH-R) Business Description

Traded in Other Exchanges
Address
1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH-R) Headlines

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