Bangkok Expressway (BKK:BECL-R) Equity-to-Asset: 0.37 (As of Sep. 2015) — 14% Below Median


What is Bangkok Expressway Equity-to-Asset?

Bangkok Expressway BKK:BECL-R Equity-to-Asset is 0.37 as of Sep. 2015, which is 14% below its 10-year median of 0.43. The stock has 2 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bangkok Expressway's Total Stockholders Equity for the quarter that ended in Sep. 2015 was ฿21,200.79 Mil. Bangkok Expressway's Total Assets for the quarter that ended in Sep. 2015 was ฿57,786.96 Mil. Therefore, Bangkok Expressway's Equity to Asset Ratio for the quarter that ended in Sep. 2015 was 0.37.

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

BKK:BECL-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.43   Max: 0.52
Current: 0.37

During the past 12 years, the highest Equity to Asset Ratio of Bangkok Expressway was 0.52. The lowest was 0.36. And the median was 0.43.

BKK:BECL-R's Equity-to-Asset is not ranked
in the Construction industry.
Industry Median: 0.45 vs BKK:BECL-R: 0.37

Bangkok Expressway  (BKK:BECL-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%.


Bangkok Expressway Equity-to-Asset Related Terms


Bangkok Expressway Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway'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.

Bangkok Expressway Equity-to-Asset Chart

Bangkok Expressway Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.49 0.51 0.38 0.39

Bangkok Expressway Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.39 0.39 0.40 0.38 0.37

BKK:BECL-R vs GVA, PRIM: Equity-to-Asset Comparison

For the Engineering & Construction subindustry, Bangkok Expressway'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.


Bangkok Expressway Equity-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway's Equity-to-Asset falls into.



Bangkok Expressway 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.

Bangkok Expressway's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=21566.49/55275.647
=0.39

Bangkok Expressway's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Equity to Asset (Q: Sep. 2015 )=Total Stockholders Equity/Total Assets
=21200.789/57786.962
=0.37

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.37 mean?
Bangkok Expressway (BKK:BECL-R) has a Equity-to-Asset of 0.37 as of Sep. 2015. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bangkok Expressway and its competitors. This is 14% below median its historical median of 0.43. Over the past decade, Bangkok Expressway's Equity-to-Asset has ranged from 0.36 to 0.52.
Is Bangkok Expressway's Equity-to-Asset too high?
Bangkok Expressway's current Equity-to-Asset of 0.37 is 14% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.52. The Construction industry median Equity-to-Asset is 0.45. Bangkok Expressway's value of 0.37 is 17.8% below this industry median.
How does Bangkok Expressway's Equity-to-Asset compare to GVA and PRIM?
Bangkok Expressway's Equity-to-Asset of 0.37 can be compared against companies in the Construction industry. The industry median Equity-to-Asset is 0.45. Bangkok Expressway's value of 0.37 is 17.8% below this benchmark. Historically, Bangkok Expressway's own Equity-to-Asset has ranged from 0.36 to 0.52 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.45, Bangkok Expressway has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,779 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bangkok Expressway's current Equity-to-Asset of 0.37 is 17.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bangkok Expressway and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Expressway's current Equity-to-Asset is 0.37, which is 14% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway stock overvalued right now?
Bangkok Expressway (BKK:BECL-R) has a current Equity-to-Asset of 0.37. The current Equity-to-Asset is 0.37, which is 14% below median its 10-year median of 0.43 and 17.8% below the Construction industry median of 0.45. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Bangkok Expressway (BKK:BECL-R), the current Equity-to-Asset is 0.37 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bangkok Expressway Business Description

Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.