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Somboon Advance Technology PCL (BKK:SAT) Equity-to-Asset : 0.80 (As of Mar. 2024)


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What is Somboon Advance Technology PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Somboon Advance Technology PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,473 Mil. Somboon Advance Technology PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿10,614 Mil. Therefore, Somboon Advance Technology PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

BKK:SAT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.76   Max: 0.83
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Somboon Advance Technology PCL was 0.83. The lowest was 0.50. And the median was 0.76.

BKK:SAT's Equity-to-Asset is ranked better than
92.13% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs BKK:SAT: 0.80

Somboon Advance Technology PCL Equity-to-Asset Historical Data

The historical data trend for Somboon Advance Technology 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.

Somboon Advance Technology PCL Equity-to-Asset Chart

Somboon Advance Technology 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 0.77 0.79 0.78 0.77 0.80

Somboon Advance Technology 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 0.76 0.77 0.77 0.80 0.80

Competitive Comparison of Somboon Advance Technology PCL's Equity-to-Asset

For the Auto Parts subindustry, Somboon Advance Technology 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.


Somboon Advance Technology PCL's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Somboon Advance Technology PCL's Equity-to-Asset distribution charts can be found below:

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



Somboon Advance Technology 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.

Somboon Advance Technology 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
=8289.901/10401.479
=0.80

Somboon Advance Technology 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
=8473.233/10614.232
=0.80

* 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.


Somboon Advance Technology PCL  (BKK:SAT) 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%.


Somboon Advance Technology PCL Equity-to-Asset Related Terms

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


Somboon Advance Technology PCL (BKK:SAT) Business Description

Traded in Other Exchanges
Address
No. 129 Moo 2, Bangna-Trad Road, Tambol Bangchalong, Amphoe Bang Phli, Samutprakarn, THA, 10540
Somboon Advance Technology PCL is a Thailand based company engaged in the manufacture and distribution of motor vehicle parts. The principal businesses of the company are the manufacture of pick-up axles and truck trunnion shafts. It manufactures parts for passenger cars, pickup trucks, trucks and agricultural machinery. Its products include axle shafts, disc brakes, drum brakes, exhaust manifolds, leaf springs, stabilizer bars, hot coil springs, and other related products. The group has two reportable segments namely, Pick-up axles and truck trunnion shafts, and Other auto parts. The majority of the revenue is generated from the Other auto parts segment.

Somboon Advance Technology PCL (BKK:SAT) Headlines

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