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Ngern Tid Lor PCL (BKK:TIDLOR) Equity-to-Asset : 0.28 (As of Mar. 2024)


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What is Ngern Tid Lor PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ngern Tid Lor PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿29,508 Mil. Ngern Tid Lor PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿103,825 Mil. Therefore, Ngern Tid Lor PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.28.

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

BKK:TIDLOR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.3   Max: 0.35
Current: 0.28

During the past 5 years, the highest Equity to Asset Ratio of Ngern Tid Lor PCL was 0.35. The lowest was 0.19. And the median was 0.30.

BKK:TIDLOR's Equity-to-Asset is ranked worse than
57.09% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs BKK:TIDLOR: 0.28

Ngern Tid Lor PCL Equity-to-Asset Historical Data

The historical data trend for Ngern Tid Lor 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.

Ngern Tid Lor PCL Equity-to-Asset Chart

Ngern Tid Lor PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.19 0.22 0.34 0.30 0.28

Ngern Tid Lor PCL Quarterly Data
Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.29 0.29 0.28 0.28

Competitive Comparison of Ngern Tid Lor PCL's Equity-to-Asset

For the Credit Services subindustry, Ngern Tid Lor 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.


Ngern Tid Lor PCL's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ngern Tid Lor PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ngern Tid Lor PCL's Equity-to-Asset falls into.



Ngern Tid Lor 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.

Ngern Tid Lor 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
=28423.517/100147.935
=0.28

Ngern Tid Lor 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
=29507.876/103824.916
=0.28

* 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.


Ngern Tid Lor PCL  (BKK:TIDLOR) 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%.


Ngern Tid Lor PCL Equity-to-Asset Related Terms

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Ngern Tid Lor PCL (BKK:TIDLOR) Business Description

Traded in Other Exchanges
Address
428 Ari Hills Building, Phaholyothin Road, 9th - 15th Floor, Samsen Nai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Ngern Tid Lor PCL provides loans and hires purchases for all types of vehicles, non-life insurance brokers, and life insurance brokers. The company's segment includes Non-life insurance broker and Hire-purchase and lending services. It generates maximum revenue from the Hire-purchase and lending services segment.

Ngern Tid Lor PCL (BKK:TIDLOR) Headlines

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