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Goldfine Manufacturers (BKK:GFM-R) Equity-to-Asset : 0.92 (As of Sep. 2014)


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What is Goldfine Manufacturers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Goldfine Manufacturers's Total Stockholders Equity for the quarter that ended in Sep. 2014 was ฿1,394.24 Mil. Goldfine Manufacturers's Total Assets for the quarter that ended in Sep. 2014 was ฿1,510.45 Mil. Therefore, Goldfine Manufacturers's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.92.

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

BKK:GFM-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.92   Max: 0.95
Current: 0.92

During the past 9 years, the highest Equity to Asset Ratio of Goldfine Manufacturers was 0.95. The lowest was 0.90. And the median was 0.92.

BKK:GFM-R's Equity-to-Asset is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.44 vs BKK:GFM-R: 0.92

Goldfine Manufacturers Equity-to-Asset Historical Data

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Equity-to-Asset Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.93 0.93 0.92 0.95 0.94

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.92 0.94 0.92 0.92 0.92

Competitive Comparison of Goldfine Manufacturers's Equity-to-Asset

For the Luxury Goods subindustry, Goldfine Manufacturers'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.


Goldfine Manufacturers's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Equity-to-Asset distribution charts can be found below:

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



Goldfine Manufacturers 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.

Goldfine Manufacturers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=1350.352/1441.528
=0.94

Goldfine Manufacturers's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=1394.243/1510.445
=0.92

* 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.


Goldfine Manufacturers  (BKK:GFM-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%.


Goldfine Manufacturers Equity-to-Asset Related Terms

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


Goldfine Manufacturers (BKK:GFM-R) Business Description

Traded in Other Exchanges
N/A
Address
Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.

Goldfine Manufacturers (BKK:GFM-R) Headlines

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