T M C Industrial PCL (BKK:TMC) Equity-to-Asset : 0.84 (As of Sep. 2024)

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What is T M C Industrial PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. T M C Industrial PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿595.3 Mil. T M C Industrial PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿706.1 Mil. Therefore, T M C Industrial PCL's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.84.

The historical rank and industry rank for T M C Industrial PCL's Equity-to-Asset or its related term are showing as below:

BKK:TMC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.52 Max: 0.86
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of T M C Industrial PCL was 0.86. The lowest was 0.44. And the median was 0.52.

BKK:TMC's Equity-to-Asset is ranked better than
94.84% of 213 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.48 vs BKK:TMC: 0.84

T M C Industrial PCL Equity-to-Asset Historical Data

The historical data trend for T M C Industrial 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.

T M C Industrial PCL Equity-to-Asset Chart

T M C Industrial PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.48

0.51

0.46

0.81

0.84

T M C Industrial PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial															0.84	0.84	0.83	0.86	0.84

Competitive Comparison of T M C Industrial PCL's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, T M C Industrial 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.

T M C Industrial PCL's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, T M C Industrial PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where T M C Industrial PCL's Equity-to-Asset falls into.

T M C Industrial 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.

T M C Industrial 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
	=	617.026	/	735.838
	=	0.84

T M C Industrial PCL's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	595.28	/	706.142
	=	0.84

T M C Industrial PCL (BKK:TMC) 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%.

T M C Industrial PCL Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of T M C Industrial PCL's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

T M C Industrial PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » T M C Industrial PCL (BKK:TMC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

125/10, Moo 5 Ban Saun Subdistrict, Muang Chonburi, Chonburi, THA, 20000

Website

http://www.tmc.co.th

T M C Industrial PCL manufactures and distributes mechanical and hydraulic press systems. The company operates its business through three segments: Manufacture and Distribution of Machinery; Services and Project construction service segment. The Manufacture and Distribution of Machinery segment which contributes majorly towards the firm's revenue engages in the manufacturing and distribution of hydraulic machines, such as press machines, cranes, and handling equipment. The Services segment engages in the provision of machine repair and maintenance and metal machining services. The Project construction service segment is engaged in the project construction service by supplying machines and installation according to the contract.