GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wattanapat Hospital Trang PCL Ltd (BKK:WPH) » Definitions » Equity-to-Asset

Wattanapat Hospital Trang PCL (BKK:WPH) Equity-to-Asset : 0.53 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Wattanapat Hospital Trang PCL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wattanapat Hospital Trang PCL's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿1,475 Mil. Wattanapat Hospital Trang PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿2,771 Mil. Therefore, Wattanapat Hospital Trang PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

The historical rank and industry rank for Wattanapat Hospital Trang PCL's Equity-to-Asset or its related term are showing as below:

BKK:WPH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.55   Max: 0.9
Current: 0.53

During the past 10 years, the highest Equity to Asset Ratio of Wattanapat Hospital Trang PCL was 0.90. The lowest was 0.41. And the median was 0.55.

BKK:WPH's Equity-to-Asset is ranked better than
59% of 683 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs BKK:WPH: 0.53

Wattanapat Hospital Trang PCL Equity-to-Asset Historical Data

The historical data trend for Wattanapat Hospital Trang 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.

Wattanapat Hospital Trang PCL Equity-to-Asset Chart

Wattanapat Hospital Trang PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.53 0.52 0.47 0.41

Wattanapat Hospital Trang PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only 0.46 0.43 0.43 0.41 0.53

Competitive Comparison of Wattanapat Hospital Trang PCL's Equity-to-Asset

For the Medical Care Facilities subindustry, Wattanapat Hospital Trang 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.


Wattanapat Hospital Trang PCL's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattanapat Hospital Trang PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wattanapat Hospital Trang PCL's Equity-to-Asset falls into.



Wattanapat Hospital Trang 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.

Wattanapat Hospital Trang 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
=1064.384/2570.405
=0.41

Wattanapat Hospital Trang 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
=1474.785/2770.932
=0.53

* 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.


Wattanapat Hospital Trang PCL  (BKK:WPH) 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%.


Wattanapat Hospital Trang PCL Equity-to-Asset Related Terms

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


Wattanapat Hospital Trang PCL (BKK:WPH) Business Description

Traded in Other Exchanges
N/A
Address
247/2 Phatalung Road, Thap Thiang Sub-district, Mueang Trang District, Trang, THA, 92000
Wattanapat Hospital Trang PCL Ltd is engaged in the hospital business. Its operations are carried on only in Thailand. The company offers a range of services including surgery, gynecology, pediatrics, skin treatment, dental, kidney, and MRI services.

Wattanapat Hospital Trang PCL (BKK:WPH) Headlines

No Headlines