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TOA Paint (Thailand) PCLBKK:TOA-R -1.90%88 Cash-to-Debt is 9.25 as of Jun. 2026, which is 66% above its 10-year median of 5.58. GuruFocus rates BKK:TOA-R with a GF Score™ of 88/100 and a GF Value™ of ฿13.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,585 Chemicals companies, TOA Paint (Thailand) PCL ranks better than 80.82% 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. TOA Paint (Thailand) PCL's cash to debt ratio for the quarter that ended in Jun. 2026 was 9.25.
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, TOA Paint (Thailand) PCLcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for TOA Paint (Thailand) PCL's Cash-to-Debt or its related term are showing as below:
BKK:TOA-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 5.58 Max: 11.92
Current: 9.25
During the past 11 years, TOA Paint (Thailand) PCL's highest Cash to Debt Ratio was 11.92. The lowest was 0.55. And the median was 5.58.
BKK:TOA-R's Cash-to-Debt is ranked better than 80.82% of 1585
companies
in the Chemicals industry
Industry Median: 0.67
vs BKK:TOA-R: 9.25
TOA Paint (Thailand) PCL (BKK:TOA-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.
TOA Paint (Thailand) PCL Cash-to-Debt Related Terms
TOA Paint (Thailand) PCL Cash-to-Debt Historical Data
* 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:TOA-R vs LIN, SHW, ECL: Cash-to-Debt Comparison
For the Specialty Chemicals subindustry, TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL Cash-to-Debt vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, TOA Paint (Thailand) PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where TOA Paint (Thailand) 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.
TOA Paint (Thailand) PCL (BKK:TOA-R) has a Cash-to-Debt of 9.25 as of Jun. 2026. This is 66% above median its historical median of 5.58. Over the past decade, TOA Paint (Thailand) PCL's Cash-to-Debt has ranged from 0.55 to 11.92. According to the industry distribution chart, TOA Paint (Thailand) PCL ranks #304 out of 1585 companies in the Chemicals industry, placing it in the top 19.2%.
Is TOA Paint (Thailand) PCL's Cash-to-Debt too high?
TOA Paint (Thailand) PCL's current Cash-to-Debt of 9.25 is 66% above median its 10-year median of 5.58. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 11.92. The Chemicals industry median Cash-to-Debt is 0.67. TOA Paint (Thailand) PCL's value of 9.25 is 1280.6% above this industry median. Based on the distribution chart, TOA Paint (Thailand) PCL ranks #304 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, TOA Paint (Thailand) PCL has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOA Paint (Thailand) PCL's Cash-to-Debt compare to LIN and SHW?
According to the Chemicals industry distribution chart, TOA Paint (Thailand) PCL ranks #304 out of 1585 companies for Cash-to-Debt. This places TOA Paint (Thailand) PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.67. TOA Paint (Thailand) PCL's value of 9.25 is 1280.6% above this benchmark. Historically, TOA Paint (Thailand) PCL's own Cash-to-Debt has ranged from 0.55 to 11.92 over the past decade. While the company's 10-year median is 5.58 vs. the industry median of 0.67, TOA Paint (Thailand) 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 a Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.67, based on 1,585 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. TOA Paint (Thailand) PCL's current Cash-to-Debt of 9.25 is 1280.6% 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 Chemicals industry, the median Cash-to-Debt is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOA Paint (Thailand) PCL's current Cash-to-Debt is 9.25, which is 66% above median its own 10-year median of 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOA Paint (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL (BKK:TOA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿13.39, compared to a current price of ฿15.20 — trading 13.5% above its estimated fair value. The current Cash-to-Debt is 9.25, which is 66% above median its 10-year median of 5.58 and 1280.6% above the Chemicals industry median of 0.67. TOA Paint (Thailand) PCL's overall GF Score™ is 88/100 with 2 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 TOA Paint (Thailand) PCL (BKK:TOA-R), the current Cash-to-Debt is 9.25 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 TOA Paint (Thailand) PCL (BKK:TOA-R) Overvalued in 2026?
Based on GuruFocus' analysis, TOA Paint (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿15.20 is trading 13.5% above its estimated GF Value™ of ฿13.39.
GuruFocus considers TOA Paint (Thailand) PCL to be Modestly Overvalued.
Key valuation signals for BKK:TOA-R:
Cash-to-Debt: 9.25 (66% above median its 10-year median of 5.58)
GF Value™: ฿13.39 vs. price of ฿15.20 (13.5% above fair value)
Industry Position: 1280.6% above the Chemicals median (#304 of 1585)
No single metric tells the full story. See the BKK:TOA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOA Paint (Thailand) PCL is principally engaged in the manufacture and distribution of paints and chemicals. Its product types are decorative coatings, wood coatings, construction chemicals, heavy-duty coatings, special paint, and hardware and power tools. The company generates a majority of its revenue from Thailand.
88GF Score
Get the complete analysis for BKK:TOA-R
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