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Advice IT Infinite PCL (BKK:ADVICE) Equity-to-Asset : 0.29 (As of Jun. 2024)


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What is Advice IT Infinite PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advice IT Infinite PCL's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ฿919 Mil. Advice IT Infinite PCL's Total Assets for the quarter that ended in Jun. 2024 was ฿3,130 Mil. Therefore, Advice IT Infinite PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.29.

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

BKK:ADVICE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.12   Max: 0.29
Current: 0.29

During the past 3 years, the highest Equity to Asset Ratio of Advice IT Infinite PCL was 0.29. The lowest was 0.12. And the median was 0.12.

BKK:ADVICE's Equity-to-Asset is ranked worse than
86.15% of 2477 companies
in the Hardware industry
Industry Median: 0.56 vs BKK:ADVICE: 0.29

Advice IT Infinite PCL Equity-to-Asset Historical Data

The historical data trend for Advice IT Infinite 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.

Advice IT Infinite PCL Equity-to-Asset Chart

Advice IT Infinite PCL Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.11 0.13 0.12

Advice IT Infinite PCL Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Jun24
Equity-to-Asset Get a 7-Day Free Trial - 0.12 - 0.12 0.29

Competitive Comparison of Advice IT Infinite PCL's Equity-to-Asset

For the Electronics & Computer Distribution subindustry, Advice IT Infinite 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.


Advice IT Infinite PCL's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advice IT Infinite PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Advice IT Infinite PCL's Equity-to-Asset falls into.



Advice IT Infinite 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.

Advice IT Infinite PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=310.777/2586.247
=0.12

Advice IT Infinite PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=919.427/3129.768
=0.29

* 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.


Advice IT Infinite PCL  (BKK:ADVICE) 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%.


Advice IT Infinite PCL Equity-to-Asset Related Terms

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Advice IT Infinite PCL Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
74/1 Moo 1, Tha It Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA
Advice IT Infinite PCL is a retailer and wholesaler of IT products in the Thailand. It operates a business of selling, retail-wholesale products and providing IT services. It sells a variety of IT products ranging from computer assembly (DIY), notebook computers, desktop computers and various peripherals such as monitors, printers, mice, keyboards, network equipment. The company has three segments; Retail; Wholesale and services, out of which Retail Segment derives maximum profit.

Advice IT Infinite PCL Headlines

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