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The Platinum Group PCL (BKK:PLAT) Equity-to-Asset : 0.67 (As of Jun. 2024)


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What is The Platinum Group PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Platinum Group PCL's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ฿7,773 Mil. The Platinum Group PCL's Total Assets for the quarter that ended in Jun. 2024 was ฿11,530 Mil. Therefore, The Platinum Group PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.67.

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

BKK:PLAT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.77   Max: 0.87
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of The Platinum Group PCL was 0.87. The lowest was 0.62. And the median was 0.77.

BKK:PLAT's Equity-to-Asset is ranked better than
78% of 1832 companies
in the Real Estate industry
Industry Median: 0.44 vs BKK:PLAT: 0.67

The Platinum Group PCL Equity-to-Asset Historical Data

The historical data trend for The Platinum Group 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.

The Platinum Group PCL Equity-to-Asset Chart

The Platinum Group 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 0.78 0.72 0.68 0.63 0.66

The Platinum Group PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.63 0.66 0.66 0.67 0.67

Competitive Comparison of The Platinum Group PCL's Equity-to-Asset

For the Real Estate Services subindustry, The Platinum Group 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.


The Platinum Group PCL's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Platinum Group PCL's Equity-to-Asset distribution charts can be found below:

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



The Platinum Group 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.

The Platinum Group 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
=7632.709/11537.793
=0.66

The Platinum Group 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
=7772.621/11529.898
=0.67

* 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.


The Platinum Group PCL  (BKK:PLAT) 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%.


The Platinum Group PCL Equity-to-Asset Related Terms

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


The Platinum Group PCL Business Description

Traded in Other Exchanges
N/A
Address
Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.

The Platinum Group PCL Headlines