Thai Reinsurance PCLBKK:THRE-R 42 Cash-to-Debt is 48.13 as of Mar. 2026, which is 5% above its 10-year median of 45.70. GuruFocus rates BKK:THRE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.47. The stock has 3 warning signs investors should review. Among 504 Insurance companies, Thai Reinsurance PCL ranks better than 78.57% 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. Thai Reinsurance PCL's cash to debt ratio for the quarter that ended in Mar. 2026 was 48.13.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Thai Reinsurance PCLcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Thai Reinsurance PCL's Cash-to-Debt or its related term are showing as below:
BKK:THRE-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 13.65 Med: 45.7 Max: 397.52
Current: 48.13
During the past 13 years, Thai Reinsurance PCL's highest Cash to Debt Ratio was 397.52. The lowest was 13.65. And the median was 45.70.
BKK:THRE-R's Cash-to-Debt is ranked better than 78.57% of 504
companies
in the Insurance industry
Industry Median: 2.145
vs BKK:THRE-R: 48.13
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.
Thai Reinsurance PCL Cash-to-Debt Related Terms
Thai Reinsurance PCL Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Thai Reinsurance 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.
BKK:THRE-R vs RGA, EG, RNR: Cash-to-Debt Comparison
For the Insurance - Reinsurance subindustry, Thai Reinsurance 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.
Thai Reinsurance PCL Cash-to-Debt vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Thai Reinsurance PCL's Cash-to-Debt falls into.
* 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 Reinsurance PCL (BKK:THRE-R) has a Cash-to-Debt of 48.13 as of Mar. 2026. This is near median its historical median of 45.70. Over the past decade, Thai Reinsurance PCL's Cash-to-Debt has ranged from 13.65 to 397.52. According to the industry distribution chart, Thai Reinsurance PCL ranks #108 out of 504 companies in the Insurance industry, placing it in the top 21.4%.
Is Thai Reinsurance PCL's Cash-to-Debt too high?
Thai Reinsurance PCL's current Cash-to-Debt of 48.13 is near median its 10-year median of 45.70. Over the past 10 years, this metric has ranged from a low of 13.65 to a high of 397.52. The Insurance industry median Cash-to-Debt is 2.15. Thai Reinsurance PCL's value of 48.13 is 2143.8% above this industry median. Based on the distribution chart, Thai Reinsurance PCL ranks #108 out of 504 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Reinsurance PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Thai Reinsurance PCL's Cash-to-Debt compare to RGA and EG?
According to the Insurance industry distribution chart, Thai Reinsurance PCL ranks #108 out of 504 companies for Cash-to-Debt. This places Thai Reinsurance PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 2.15. Thai Reinsurance PCL's value of 48.13 is 2143.8% above this benchmark. Historically, Thai Reinsurance PCL's own Cash-to-Debt has ranged from 13.65 to 397.52 over the past decade. While the company's 10-year median is 45.70 vs. the industry median of 2.15, Thai Reinsurance 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 Cash-to-Debt for an Insurance company?
The median Cash-to-Debt among Insurance companies is 2.15, based on 504 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. Thai Reinsurance PCL's current Cash-to-Debt of 48.13 is 2143.8% 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 Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median Cash-to-Debt is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Reinsurance PCL's current Cash-to-Debt is 48.13, which is near median its own 10-year median of 45.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Reinsurance PCL stock overvalued right now?
Thai Reinsurance PCL (BKK:THRE-R) has a current Cash-to-Debt of 48.13. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.39 — trading 17% below its estimated fair value. The current Cash-to-Debt is 48.13, which is near median its 10-year median of 45.70 and 2143.8% above the Insurance industry median of 2.15. Thai Reinsurance PCL's overall GF Score™ is 42/100 with 3 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 Thai Reinsurance PCL (BKK:THRE-R), the current Cash-to-Debt is 48.13 as of Mar. 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 Thai Reinsurance PCL (BKK:THRE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Reinsurance PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 17% below its estimated GF Value™ of ฿0.47.
Key valuation signals for BKK:THRE-R:
Cash-to-Debt: 48.13 (near median its 10-year median of 45.70)
GF Value™: ฿0.47 vs. price of ฿0.39 (17% below fair value)
Industry Position: 2143.8% above the Insurance median (#108 of 504)
No single metric tells the full story. See the BKK:THRE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Reinsurance PCL provides reinsurance for non-life businesses diversify risk, including but not limited to property, personal accident, engineering, and marine and cargo risk. The company provides two main types of reinsurance contracts: facultative reinsurance and treaty reinsurance. Its segments include Motor insurance and Non-motor insurance. The majority of the revenue is derived from Non-motor insurance segment. The group operates in Thailand only.
42GF Score
Get the complete analysis for BKK:THRE-R
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