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Thai Wire Products PCL (BKK:TWP) Equity-to-Asset : 0.75 (As of Dec. 2024)


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What is Thai Wire Products PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Wire Products PCL's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ฿1,313 Mil. Thai Wire Products PCL's Total Assets for the quarter that ended in Dec. 2024 was ฿1,750 Mil. Therefore, Thai Wire Products PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.75.

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

BKK:TWP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.79   Max: 0.93
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Thai Wire Products PCL was 0.93. The lowest was 0.67. And the median was 0.79.

BKK:TWP's Equity-to-Asset is ranked better than
82.76% of 406 companies
in the Building Materials industry
Industry Median: 0.55 vs BKK:TWP: 0.75

Thai Wire Products PCL Equity-to-Asset Historical Data

The historical data trend for Thai Wire Products 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 Wire Products PCL Equity-to-Asset Chart

Thai Wire Products PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.67 0.69 0.75 0.75

Thai Wire Products PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.75 0.69 0.74 0.74 0.75

Competitive Comparison of Thai Wire Products PCL's Equity-to-Asset

For the Building Materials subindustry, Thai Wire Products 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 Wire Products PCL's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Thai Wire Products PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thai Wire Products PCL's Equity-to-Asset falls into.


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Thai Wire Products 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 Wire Products PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1312.908/1750.065
=0.75

Thai Wire Products PCL's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=1312.908/1750.065
=0.75

* 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 Wire Products PCL  (BKK:TWP) 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 Wire Products PCL Equity-to-Asset Related Terms

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


Thai Wire Products PCL Business Description

Traded in Other Exchanges
Address
101/88 Moo 20 Nava Nakorn Industrial Estate, Khlong Nueng, Khlong Luang, Pathum Thani, THA, 12120
Thai Wire Products PCL is a manufacturer and seller of prestressed concrete wire. The company operates only one business segment, manufacturing and sale of prestressed concrete wire, these operations are carried out by geographic segments as domestic and overseas. The company is also involved in the production of steel wires and geographically operates in Thailand.

Thai Wire Products PCL Headlines

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