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Thai Plastic Industrial (1994) PCL (BKK:TPLAS) Equity-to-Asset : 0.86 (As of Sep. 2024)


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What is Thai Plastic Industrial (1994) PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Plastic Industrial (1994) PCL's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ฿306.6 Mil. Thai Plastic Industrial (1994) PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿355.8 Mil. Therefore, Thai Plastic Industrial (1994) PCL's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.86.

The historical rank and industry rank for Thai Plastic Industrial (1994) PCL's Equity-to-Asset or its related term are showing as below:

BKK:TPLAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.84   Max: 0.86
Current: 0.86

During the past 9 years, the highest Equity to Asset Ratio of Thai Plastic Industrial (1994) PCL was 0.86. The lowest was 0.58. And the median was 0.84.

BKK:TPLAS's Equity-to-Asset is ranked better than
93.33% of 405 companies
in the Packaging & Containers industry
Industry Median: 0.54 vs BKK:TPLAS: 0.86

Thai Plastic Industrial (1994) PCL Equity-to-Asset Historical Data

The historical data trend for Thai Plastic Industrial (1994) 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.

Thai Plastic Industrial (1994) PCL Equity-to-Asset Chart

Thai Plastic Industrial (1994) PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.86 0.83 0.84 0.85 0.86

Thai Plastic Industrial (1994) 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 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 0.84 0.86 0.85 0.85 0.86

Competitive Comparison of Thai Plastic Industrial (1994) PCL's Equity-to-Asset

For the Packaging & Containers subindustry, Thai Plastic Industrial (1994) 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.


Thai Plastic Industrial (1994) PCL's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plastic Industrial (1994) PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thai Plastic Industrial (1994) PCL's Equity-to-Asset falls into.



Thai Plastic Industrial (1994) 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.

Thai Plastic Industrial (1994) 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
=310.773/362.363
=0.86

Thai Plastic Industrial (1994) 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
=306.576/355.819
=0.86

* 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.


Thai Plastic Industrial (1994) PCL  (BKK:TPLAS) 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%.


Thai Plastic Industrial (1994) PCL Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Thai Plastic Industrial (1994) PCL's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Thai Plastic Industrial (1994) PCL Business Description

Traded in Other Exchanges
N/A
Address
53/1 Moo 4, Kanchanaphisek Road, Bang MaeNang Sub-District, Bangyai District, Nonthaburi, THA, 11140
Thai Plastic Industrial (1994) PCL is a Thai company that operates in the plastic bag market. The principal activity of the Company is the manufacturing of food plastic bags, food plastic wrappers, and food paper containers. The company produces and distributes polypropylene food packaging. Polypropylene (PP) bags, high-density polyethylene (HDPE) handbags.

Thai Plastic Industrial (1994) PCL Headlines

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