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East Coast Furnitech PCL (BKK:ECF) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is East Coast Furnitech PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. East Coast Furnitech PCL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ฿1,184 Mil. East Coast Furnitech PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿4,034 Mil. Therefore, East Coast Furnitech PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

BKK:ECF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.34   Max: 0.38
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of East Coast Furnitech PCL was 0.38. The lowest was 0.28. And the median was 0.34.

BKK:ECF's Equity-to-Asset is ranked worse than
86.68% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.555 vs BKK:ECF: 0.29

East Coast Furnitech PCL Equity-to-Asset Historical Data

The historical data trend for East Coast Furnitech 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.

East Coast Furnitech PCL Equity-to-Asset Chart

East Coast Furnitech 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 0.37 0.35 0.35 0.34 0.29

East Coast Furnitech 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 0.34 0.33 0.30 0.30 0.29

Competitive Comparison of East Coast Furnitech PCL's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, East Coast Furnitech 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.


East Coast Furnitech PCL's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, East Coast Furnitech PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where East Coast Furnitech PCL's Equity-to-Asset falls into.



East Coast Furnitech 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.

East Coast Furnitech 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
=1183.77/4033.923
=0.29

East Coast Furnitech 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
=1183.77/4033.923
=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.


East Coast Furnitech PCL  (BKK:ECF) 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%.


East Coast Furnitech PCL Equity-to-Asset Related Terms

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


East Coast Furnitech PCL (BKK:ECF) Business Description

Traded in Other Exchanges
N/A
Address
37/9 Moo 10 Banbung-Klaeng Road, Tambon Tangkwian, Amphur Klaeng, Rayong, THA, 21110
East Coast Furnitech PCL is a manufacturer and distributor of wooden furniture and particle boards. It offers cutting-edge wood for use as a raw material for furniture production. The company operates in two business segments which include Wood furniture and particle boards and Other segments. The Wood furniture and particle boards segment consists of Rubberwood furniture and Particle board furniture. The Other segments comprise Laminating papers, Dried sawn lumbers, Furniture-decorating supplies and retail shops. The company exports its products to Japan, the United States of America, India and other countries.

East Coast Furnitech PCL (BKK:ECF) Headlines