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Yong Concrete PCL (BKK:YONG) Equity-to-Asset : 0.70 (As of Dec. 2023)


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What is Yong Concrete PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yong Concrete PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿910 Mil. Yong Concrete PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿1,298 Mil. Therefore, Yong Concrete PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

BKK:YONG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.51   Max: 0.7
Current: 0.7

During the past 4 years, the highest Equity to Asset Ratio of Yong Concrete PCL was 0.70. The lowest was 0.35. And the median was 0.51.

BKK:YONG's Equity-to-Asset is ranked better than
76.21% of 391 companies
in the Building Materials industry
Industry Median: 0.54 vs BKK:YONG: 0.70

Yong Concrete PCL Equity-to-Asset Historical Data

The historical data trend for Yong Concrete 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.

Yong Concrete PCL Equity-to-Asset Chart

Yong Concrete PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.35 0.39 0.63 0.70

Yong Concrete PCL Quarterly Data
Dec20 Mar21 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 0.63 0.63 0.65 0.67 0.70

Competitive Comparison of Yong Concrete PCL's Equity-to-Asset

For the Building Materials subindustry, Yong Concrete 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.


Yong Concrete PCL's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Yong Concrete PCL's Equity-to-Asset distribution charts can be found below:

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



Yong Concrete 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.

Yong Concrete 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
=910.198/1298.275
=0.70

Yong Concrete 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
=910.198/1298.275
=0.70

* 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.


Yong Concrete PCL  (BKK:YONG) 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%.


Yong Concrete PCL Equity-to-Asset Related Terms

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


Yong Concrete PCL (BKK:YONG) Business Description

Traded in Other Exchanges
N/A
Address
148/9 Moo 3, Wangkanai Subdistrict, Tha Muang District, Kanchanaburi, THA, 71110
Yong Concrete PCL manufactures and distributes precast concrete products such as precast structures, beams, columns and walls, precast concrete, fence, concrete power pole, stone edge, prestressed concrete pipe and prefabricated concrete slabs.

Yong Concrete PCL (BKK:YONG) Headlines

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