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Asia Aviation PCL (BKK:AAV-F) Equity-to-Asset : 0.11 (As of Mar. 2024)


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What is Asia Aviation PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Aviation PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿8,003 Mil. Asia Aviation PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿70,536 Mil. Therefore, Asia Aviation PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.11.

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

BKK:AAV-F' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.33   Max: 0.43
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Asia Aviation PCL was 0.43. The lowest was 0.07. And the median was 0.33.

BKK:AAV-F's Equity-to-Asset is ranked worse than
91.52% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs BKK:AAV-F: 0.11

Asia Aviation PCL Equity-to-Asset Historical Data

The historical data trend for Asia Aviation 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.

Asia Aviation PCL Equity-to-Asset Chart

Asia Aviation 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 0.32 0.21 0.28 0.12 0.12

Asia Aviation 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 0.13 0.11 0.08 0.12 0.11

Competitive Comparison of Asia Aviation PCL's Equity-to-Asset

For the Airlines subindustry, Asia Aviation 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.


Asia Aviation PCL's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asia Aviation PCL's Equity-to-Asset distribution charts can be found below:

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



Asia Aviation 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.

Asia Aviation 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
=8412.337/67793.881
=0.12

Asia Aviation 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
=8003.246/70535.641
=0.11

* 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.


Asia Aviation PCL  (BKK:AAV-F) 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%.


Asia Aviation PCL Equity-to-Asset Related Terms

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


Asia Aviation PCL (BKK:AAV-F) Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL (BKK:AAV-F) Headlines

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