SPT X PCL (BKK:SPTX-R) Equity-to-Asset: 0.58 (As of Mar. 2026) — 13% Below Median


What is SPT X PCL Equity-to-Asset?

SPT X PCL BKK:SPTX-R Equity-to-Asset is 0.58 as of Mar. 2026, which is 13% below its 10-year median of 0.67. The stock has 2 warning signs investors should review. Among 2,878 Software companies, SPT X PCL ranks better than 54.03% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPT X PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿1,129.3 Mil. SPT X PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿1,953.0 Mil. Therefore, SPT X PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.58.

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

BKK:SPTX-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.67   Max: 0.97
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of SPT X PCL was 0.97. The lowest was 0.02. And the median was 0.67.

BKK:SPTX-R's Equity-to-Asset is ranked better than
54.03% of 2878 companies
in the Software industry
Industry Median: 0.56 vs BKK:SPTX-R: 0.58

SPT X PCL  (BKK:SPTX-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%.


SPT X PCL Equity-to-Asset Related Terms


SPT X PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for SPT X 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.

SPT X PCL Equity-to-Asset Chart

SPT X PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.97 0.63 0.67 0.63

SPT X PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.53 0.54 0.50 0.63 0.58

BKK:SPTX-R vs UBER, SHOP, CRM: Equity-to-Asset Comparison

For the Software - Application subindustry, SPT X 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.


SPT X PCL Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, SPT X PCL's Equity-to-Asset distribution charts can be found below:

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



SPT X 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.

SPT X PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=996.563/1584.337
=0.63

SPT X PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=1129.268/1953.006
=0.58

* 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 0.58 mean?
SPT X PCL (BKK:SPTX-R) has a Equity-to-Asset of 0.58 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SPT X PCL and its competitors. This is 13% below median its historical median of 0.67. Over the past decade, SPT X PCL's Equity-to-Asset has ranged from 0.02 to 0.97. According to the industry distribution chart, SPT X PCL ranks #1323 out of 2878 companies in the Software industry, placing it in the top 46%.
Is SPT X PCL's Equity-to-Asset too high?
SPT X PCL's current Equity-to-Asset of 0.58 is 13% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.97. The Software industry median Equity-to-Asset is 0.56. SPT X PCL's value of 0.58 is 3.6% above this industry median. Based on the distribution chart, SPT X PCL ranks #1323 out of 2878 companies in the Software industry, which is above the industry midpoint.
How does SPT X PCL's Equity-to-Asset compare to UBER and SHOP?
According to the Software industry distribution chart, SPT X PCL ranks #1323 out of 2878 companies for Equity-to-Asset. This puts SPT X PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.56. SPT X PCL's value of 0.58 is 3.6% above this benchmark. Historically, SPT X PCL's own Equity-to-Asset has ranged from 0.02 to 0.97 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.56, SPT X PCL has consistently been above 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,878 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. SPT X PCL's current Equity-to-Asset of 0.58 is 3.6% above 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 SPT X PCL and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPT X PCL's current Equity-to-Asset is 0.58, which is 13% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPT X PCL stock overvalued right now?
SPT X PCL (BKK:SPTX-R) has a current Equity-to-Asset of 0.58. The current Equity-to-Asset is 0.58, which is 13% below median its 10-year median of 0.67 and 3.6% above the Software industry median of 0.56. 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 SPT X PCL (BKK:SPTX-R), the current Equity-to-Asset is 0.58 as of Mar. 2026. 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.

SPT X PCL Business Description

Other Exchanges SPTX:Thailand
Address Rama 4 Road, 944 Samyan Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
SPT X PCL, formerly known as News Network Corp PCL, engages in the business activities of the securities business. The principal business of the Company is investing in securities business and investment learning academy. The various segment of the company includes segment of investing in securities business and academy business; segment of Securities which includes the securities brokerage for investment units and securities brokerage and derivatives brokerage and segment of investment learning academy related to securities, derivatives, and other, and selling books related to invest.