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AIRA Factoring PCL (BKK:AF-R) Equity-to-Asset : 0.21 (As of Dec. 2023)


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What is AIRA Factoring PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AIRA Factoring PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿532.4 Mil. AIRA Factoring PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿2,504.5 Mil. Therefore, AIRA Factoring PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

BKK:AF-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.22   Max: 0.24
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of AIRA Factoring PCL was 0.24. The lowest was 0.14. And the median was 0.22.

BKK:AF-R's Equity-to-Asset is ranked worse than
67.96% of 540 companies
in the Credit Services industry
Industry Median: 0.365 vs BKK:AF-R: 0.21

AIRA Factoring PCL Equity-to-Asset Historical Data

The historical data trend for AIRA Factoring 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.

AIRA Factoring PCL Equity-to-Asset Chart

AIRA Factoring 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 0.21 0.24 0.23 0.22 0.21

AIRA Factoring 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 0.22 0.23 0.24 0.26 0.21

Competitive Comparison of AIRA Factoring PCL's Equity-to-Asset

For the Credit Services subindustry, AIRA Factoring 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.


AIRA Factoring PCL's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AIRA Factoring PCL's Equity-to-Asset distribution charts can be found below:

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



AIRA Factoring 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.

AIRA Factoring 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
=532.442/2504.46
=0.21

AIRA Factoring 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
=532.442/2504.46
=0.21

* 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.


AIRA Factoring PCL  (BKK:AF-R) 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%.


AIRA Factoring PCL Equity-to-Asset Related Terms

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


AIRA Factoring PCL (BKK:AF-R) Business Description

Traded in Other Exchanges
Address
Phayathai Road, No. 319 Chamchuri Square, 17th Floor, Pathumwan Disrict, Bangkok, THA, 10330
AIRA Factoring PCL is a Thailand-based company engaged in the business of receivable factoring. It provides short-term financing services by transferring creditor's right or factoring service. In exchange for these services, the company finances the short-term cash flow. The company's clients vary from small to middle businesses that need short-term cash to fund their working capital. Its diversified portfolio of industries includes electronic equipment and parts, telecommunication, consumer products, and the health and beauty industry.

AIRA Factoring PCL (BKK:AF-R) Headlines

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