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Asia Network International PCL (BKK:ANI) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is Asia Network International PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Network International PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿7,764 Mil. Asia Network International PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿10,202 Mil. Therefore, Asia Network International PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.76.

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

BKK:ANI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.56   Max: 0.76
Current: 0.76

During the past 3 years, the highest Equity to Asset Ratio of Asia Network International PCL was 0.76. The lowest was 0.37. And the median was 0.56.

BKK:ANI's Equity-to-Asset is ranked better than
87.7% of 976 companies
in the Transportation industry
Industry Median: 0.49 vs BKK:ANI: 0.76

Asia Network International PCL Equity-to-Asset Historical Data

The historical data trend for Asia Network International 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 Network International PCL Equity-to-Asset Chart

Asia Network International PCL Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.56 0.37 0.74

Asia Network International PCL Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.37 - 0.48 0.74 0.76

Competitive Comparison of Asia Network International PCL's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Asia Network International 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 Network International PCL's Equity-to-Asset Distribution in the Transportation Industry

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

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



Asia Network International 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 Network International 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
=7605.362/10279.929
=0.74

Asia Network International 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
=7764.042/10202.481
=0.76

* 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 Network International PCL  (BKK:ANI) 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 Network International PCL Equity-to-Asset Related Terms

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


Asia Network International PCL (BKK:ANI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Soi Klab Chom, Nonsee Road, No. 628, Triple I Building, 6th Floor, Chongnonsee, Yannawa, Bangkok, THA, 10120
Asia Network International PCL is a A holding company with core business in Cargo General Sales and Services Agent or Cargo GSSA for reputable airlines in 8 countries and special administrative region around Southeast Asia. The operations of the company is to provide air-cargo logistics services to both domestic and international customers.

Asia Network International PCL (BKK:ANI) Headlines

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