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Wattana Karnpaet PCL (BKK:NEW) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Wattana Karnpaet PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wattana Karnpaet PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿482.4 Mil. Wattana Karnpaet PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿616.8 Mil. Therefore, Wattana Karnpaet PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

BKK:NEW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.72   Max: 0.78
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Wattana Karnpaet PCL was 0.78. The lowest was 0.67. And the median was 0.72.

BKK:NEW's Equity-to-Asset is ranked better than
86.07% of 675 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs BKK:NEW: 0.78

Wattana Karnpaet PCL Equity-to-Asset Historical Data

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Equity-to-Asset Chart

Wattana Karnpaet 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 0.73 0.67 0.70 0.77 0.78

Wattana Karnpaet 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 0.77 0.79 0.79 0.78 0.78

Competitive Comparison of Wattana Karnpaet PCL's Equity-to-Asset

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Equity-to-Asset distribution charts can be found below:

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



Wattana Karnpaet 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.

Wattana Karnpaet 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
=482.445/616.829
=0.78

Wattana Karnpaet 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
=482.445/616.829
=0.78

* 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.


Wattana Karnpaet PCL  (BKK:NEW) 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%.


Wattana Karnpaet PCL Equity-to-Asset Related Terms

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


Wattana Karnpaet PCL (BKK:NEW) Business Description

Traded in Other Exchanges
N/A
Address
70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital, It has a single segment of operation namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms which are derived from the provision of services to various types and a large number of customers. The company operates in a single geographic segment which is Thailand.

Wattana Karnpaet PCL (BKK:NEW) Headlines

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