Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
TTW PCLBKK:TTW-R 84 Cash-to-Debt is 0.57 as of Mar. 2026, which is 39% above its 10-year median of 0.41. GuruFocus rates BKK:TTW-R with a GF Score™ of 84/100 and a GF Value™ of ฿8.12. The stock has 3 warning signs investors should review. Among 485 Utilities - Regulated companies, TTW PCL ranks better than 69.07% 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. TTW PCL's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.57.
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, TTW PCLcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for TTW PCL's Cash-to-Debt or its related term are showing as below:
BKK:TTW-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.41 Max: 0.94
Current: 0.57
During the past 13 years, TTW PCL's highest Cash to Debt Ratio was 0.94. The lowest was 0.22. And the median was 0.41.
BKK:TTW-R's Cash-to-Debt is ranked better than 69.07% of 485
companies
in the Utilities - Regulated industry
Industry Median: 0.23
vs BKK:TTW-R: 0.57
TTW PCL (BKK:TTW-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.
TTW PCL Cash-to-Debt Related Terms
TTW PCL Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for TTW 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:TTW-R vs AWK, WTRG, AWR: Cash-to-Debt Comparison
For the Utilities - Regulated Water subindustry, TTW 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.
TTW PCL Cash-to-Debt vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, TTW PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where TTW 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.
TTW PCL (BKK:TTW-R) has a Cash-to-Debt of 0.57 as of Mar. 2026. This is 39% above median its historical median of 0.41. Over the past decade, TTW PCL's Cash-to-Debt has ranged from 0.22 to 0.94. According to the industry distribution chart, TTW PCL ranks #150 out of 485 companies in the Utilities - Regulated industry, placing it in the top 30.9%.
Is TTW PCL's Cash-to-Debt too high?
TTW PCL's current Cash-to-Debt of 0.57 is 39% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.94. The Utilities - Regulated industry median Cash-to-Debt is 0.23. TTW PCL's value of 0.57 is 147.8% above this industry median. Based on the distribution chart, TTW PCL ranks #150 out of 485 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, TTW PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Cash-to-Debt compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #150 out of 485 companies for Cash-to-Debt. This puts TTW PCL in the upper half of its industry. The industry median Cash-to-Debt is 0.23. TTW PCL's value of 0.57 is 147.8% above this benchmark. Historically, TTW PCL's own Cash-to-Debt has ranged from 0.22 to 0.94 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.23, TTW 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 Utilities - Regulated company?
The median Cash-to-Debt among Utilities - Regulated companies is 0.23, based on 485 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. TTW PCL's current Cash-to-Debt of 0.57 is 147.8% 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 Utilities - Regulated industry, the median Cash-to-Debt is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTW PCL's current Cash-to-Debt is 0.57, which is 39% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
TTW PCL (BKK:TTW-R) has a current Cash-to-Debt of 0.57. The stock's GF Value™ is ฿8.12, compared to a current price of ฿9.19 — trading 13.2% above its estimated fair value. The current Cash-to-Debt is 0.57, which is 39% above median its 10-year median of 0.41 and 147.8% above the Utilities - Regulated industry median of 0.23. TTW PCL's overall GF Score™ is 84/100 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 TTW PCL (BKK:TTW-R), the current Cash-to-Debt is 0.57 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 TTW PCL (BKK:TTW-R) Overvalued in 2026?
Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued.
The current stock price of ฿9.19 is trading 13.2% above its estimated GF Value™ of ฿8.12.
Key valuation signals for BKK:TTW-R:
Cash-to-Debt: 0.57 (39% above median its 10-year median of 0.41)
GF Value™: ฿8.12 vs. price of ฿9.19 (13.2% above fair value)
Industry Position: 147.8% above the Utilities - Regulated median (#150 of 485)
No single metric tells the full story. See the BKK:TTW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
84GF Score
Get the complete analysis for BKK:TTW-R
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TTW-R has been successfully added to your 
