Assetwise PCL (BKK:ASW-R) Cash-to-Debt: 0.09 (As of Jun. 2026) — 10% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASW-R Assetwise PCL BKK:ASW-R
88 GF Score
Price ฿7.91
GF Value ฿10.01
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Assetwise PCL Cash-to-Debt?

Assetwise PCL BKK:ASW-R 88 Cash-to-Debt is 0.09 as of Jun. 2026, which is 10% below its 10-year median of 0.10. GuruFocus rates BKK:ASW-R with a GF Score™ of 88/100 and a GF Value™ of ฿10.01 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,744 Real Estate companies, Assetwise PCL ranks worse than 72.48% on this metric.

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Assetwise PCL's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.09.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Assetwise PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for Assetwise PCL's Cash-to-Debt or its related term are showing as below:

BKK:ASW-R' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.28
Current: 0.09

During the past 7 years, Assetwise PCL's highest Cash to Debt Ratio was 0.28. The lowest was 0.05. And the median was 0.10.

BKK:ASW-R's Cash-to-Debt is ranked worse than
72.48% of 1744 companies
in the Real Estate industry
Industry Median: 0.25 vs BKK:ASW-R: 0.09

Assetwise PCL  (BKK:ASW-R) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Assetwise PCL Cash-to-Debt Related Terms


Assetwise PCL Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Assetwise PCL's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Assetwise PCL Cash-to-Debt Chart

Assetwise PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial 0.28 0.10 0.11 0.10 0.07

Assetwise PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt 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 0.09 0.08 0.07 0.08 0.09

Assetwise PCL Cash-to-Debt Competitor Comparison

For the Real Estate - Development subindustry, Assetwise PCL's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.


Assetwise PCL Cash-to-Debt vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Assetwise PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Assetwise PCL's Cash-to-Debt falls into.


BKK:ASW-R
88GF Score
Assetwise PCL BKK:ASW-R
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Assetwise PCL Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Assetwise PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Assetwise PCL's Cash to Debt Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.09 mean?
Assetwise PCL (BKK:ASW-R) has a Cash-to-Debt of 0.09 as of Jun. 2026. This is 10% below median its historical median of 0.10. Over the past decade, Assetwise PCL's Cash-to-Debt has ranged from 0.05 to 0.28. According to the industry distribution chart, Assetwise PCL ranks #1264 out of 1744 companies in the Real Estate industry, placing it in the top 72.5%.
Is Assetwise PCL's Cash-to-Debt too high?
Assetwise PCL's current Cash-to-Debt of 0.09 is 10% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.28. The Real Estate industry median Cash-to-Debt is 0.25. Assetwise PCL's value of 0.09 is 64% below this industry median. Based on the distribution chart, Assetwise PCL ranks #1264 out of 1744 companies in the Real Estate industry, which is below the industry midpoint. Overall, Assetwise PCL has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's Cash-to-Debt compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #1264 out of 1744 companies for Cash-to-Debt. This places Assetwise PCL in the lower half of its industry. The industry median Cash-to-Debt is 0.25. Assetwise PCL's value of 0.09 is 64% below this benchmark. Historically, Assetwise PCL's own Cash-to-Debt has ranged from 0.05 to 0.28 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.25, Assetwise PCL has consistently been below 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 Cash-to-Debt for a Real Estate company?
The median Cash-to-Debt among Real Estate companies is 0.25, based on 1,744 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Assetwise PCL's current Cash-to-Debt of 0.09 is 64% below 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 Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median Cash-to-Debt is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assetwise PCL's current Cash-to-Debt is 0.09, which is 10% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.01, compared to a current price of ฿7.91 — trading 21% below its estimated fair value. The current Cash-to-Debt is 0.09, which is 10% below median its 10-year median of 0.10 and 64% below the Real Estate industry median of 0.25. Assetwise PCL's overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Assetwise PCL (BKK:ASW-R), the current Cash-to-Debt is 0.09 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 Assetwise PCL (BKK:ASW-R) Overvalued in 2026?

Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued. The current stock price of ฿7.91 is trading 21% below its estimated GF Value™ of ฿10.01. GuruFocus considers Assetwise PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASW-R:

  • Cash-to-Debt: 0.09 (10% below median its 10-year median of 0.10)
  • GF Value™: ฿10.01 vs. price of ฿7.91 (21% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 64% below the Real Estate median (#1264 of 1744)

No single metric tells the full story. See the BKK:ASW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Assetwise PCL Business Description

Other Exchanges ASW:Thailand
Address 9 Soi Ramintra 5 Junction 23, Anusawari Subdistrict, BangKhen District, Bangkok, THA, 10220
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
88GF Score

Get the complete analysis for BKK:ASW-R

Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.91
Price
฿10.01
GF Value