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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TQM Alpha PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿2,790 Mil. TQM Alpha PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿6,156 Mil.
Therefore, TQM Alpha PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.45.
The historical rank and industry rank for TQM Alpha PCL's Equity-to-Asset or its related term are showing as below:
BKK:TQM-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.51 Max: 0.69
Current: 0.45
During the past 12 years, the highest Equity to Asset Ratio of TQM Alpha PCL was 0.69. The lowest was 0.18. And the median was 0.51.
BKK:TQM-R's Equity-to-Asset is ranked better than 78.73% of 503
companies
in the Insurance industry
Industry Median: 0.26
vs BKK:TQM-R: 0.45
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%.
TQM Alpha PCL Equity-to-Asset Related Terms
TQM Alpha PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for TQM Alpha 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.
BKK:TQM-R vs MRSH, AON, AJG: Equity-to-Asset Comparison
For the Insurance Brokers subindustry, TQM Alpha 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.
TQM Alpha PCL Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, TQM Alpha PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TQM Alpha PCL's Equity-to-Asset falls into.
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.
TQM Alpha PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TQM Alpha PCL (BKK:TQM-R) has a Equity-to-Asset of 0.45 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TQM Alpha PCL and its competitors. This is 12% below median its historical median of 0.51. Over the past decade, TQM Alpha PCL's Equity-to-Asset has ranged from 0.18 to 0.69. According to the industry distribution chart, TQM Alpha PCL ranks #107 out of 503 companies in the Insurance industry, placing it in the top 21.3%.
Is TQM Alpha PCL's Equity-to-Asset too high?
TQM Alpha PCL's current Equity-to-Asset of 0.45 is 12% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.69. The Insurance industry median Equity-to-Asset is 0.26. TQM Alpha PCL's value of 0.45 is 73.1% above this industry median. Based on the distribution chart, TQM Alpha PCL ranks #107 out of 503 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, TQM Alpha PCL has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does TQM Alpha PCL's Equity-to-Asset compare to MRSH and AON?
According to the Insurance industry distribution chart, TQM Alpha PCL ranks #107 out of 503 companies for Equity-to-Asset. This places TQM Alpha PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.26. TQM Alpha PCL's value of 0.45 is 73.1% above this benchmark. Historically, TQM Alpha PCL's own Equity-to-Asset has ranged from 0.18 to 0.69 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.26, TQM Alpha 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 an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 503 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. TQM Alpha PCL's current Equity-to-Asset of 0.45 is 73.1% 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 TQM Alpha PCL and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TQM Alpha PCL's current Equity-to-Asset is 0.45, which is 12% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TQM Alpha PCL stock overvalued right now?
TQM Alpha PCL (BKK:TQM-R) has a current Equity-to-Asset of 0.45. The stock's GF Value™ is ฿16.86, compared to a current price of ฿16.90 — trading 0.2% above its estimated fair value. The current Equity-to-Asset is 0.45, which is 12% below median its 10-year median of 0.51 and 73.1% above the Insurance industry median of 0.26. TQM Alpha PCL's overall GF Score™ is 86/100 with 11 warning signs to review. 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 TQM Alpha PCL (BKK:TQM-R), the current Equity-to-Asset is 0.45 as of Jun. 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.
Is TQM Alpha PCL (BKK:TQM-R) Overvalued in 2026?
Based on GuruFocus' analysis, TQM Alpha PCL stock appears to be overvalued.
The current stock price of ฿16.90 is trading 0.2% above its estimated GF Value™ of ฿16.86.
Key valuation signals for BKK:TQM-R:
Equity-to-Asset: 0.45 (12% below median its 10-year median of 0.51)
GF Value™: ฿16.86 vs. price of ฿16.90 (0.2% above fair value)
Industry Position: 73.1% above the Insurance median (#107 of 503)
No single metric tells the full story. See the BKK:TQM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, reinsurance brokers, personal loans, and the provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.
86GF Score
Get the complete analysis for BKK:TQM-R
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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