GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kang Yong Electric PCL (BKK:KYE) » Definitions » Equity-to-Asset

Kang Yong Electric PCL (BKK:KYE) Equity-to-Asset : 0.84 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Kang Yong Electric PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kang Yong Electric PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿9,368 Mil. Kang Yong Electric PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿11,115 Mil. Therefore, Kang Yong Electric PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.84.

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

BKK:KYE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.78   Max: 0.84
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Kang Yong Electric PCL was 0.84. The lowest was 0.73. And the median was 0.78.

BKK:KYE's Equity-to-Asset is ranked better than
91.29% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs BKK:KYE: 0.84

Kang Yong Electric PCL Equity-to-Asset Historical Data

The historical data trend for Kang Yong Electric 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.

Kang Yong Electric PCL Equity-to-Asset Chart

Kang Yong Electric PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.80 0.78 0.82 0.84

Kang Yong Electric PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.82 0.82 0.84 0.86 0.84

Competitive Comparison of Kang Yong Electric PCL's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Kang Yong Electric 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.


Kang Yong Electric PCL's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kang Yong Electric PCL's Equity-to-Asset distribution charts can be found below:

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



Kang Yong Electric 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.

Kang Yong Electric PCL's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=9368.209/11114.756
=0.84

Kang Yong Electric PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=9368.209/11114.756
=0.84

* 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.


Kang Yong Electric PCL  (BKK:KYE) 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%.


Kang Yong Electric PCL Equity-to-Asset Related Terms

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


Kang Yong Electric PCL (BKK:KYE) Business Description

Traded in Other Exchanges
N/A
Address
67 Moo 11, Debaratna Road, K.M.20, Samutprakarn, Bangplee, Bangchalong, THA, 10540
Kang Yong Electric PCL manufactures and distributes household electrical appliances under the tradename Mitsubishi. The company operates in three segments: Sale of goods and rendering of services in Thailand, Sale of goods in Japan, and Sale of goods in other countries. Its products include refrigerators, electric fans, ventilating fans, water pumps, and hand dryers.

Kang Yong Electric PCL (BKK:KYE) Headlines

From GuruFocus