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Thai Wire Products PCLBKK:TWP-R -1.84%56 Cash-to-Debt is 0.13 as of Jun. 2026, which is 61% below its 10-year median of 0.33. GuruFocus rates BKK:TWP-R with a GF Score™ of 56/100 and a GF Value™ of ฿1.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 609 Steel companies, Thai Wire Products PCL ranks worse than 73.56% 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 Wire Products PCL's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.13.
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, Thai Wire Products PCLcouldn'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 Thai Wire Products PCL's Cash-to-Debt or its related term are showing as below:
BKK:TWP-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: No Debt
Current: 0.13
During the past 13 years, Thai Wire Products PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 0.33.
BKK:TWP-R's Cash-to-Debt is ranked worse than 73.56% of 609
companies
in the Steel industry
Industry Median: 0.39
vs BKK:TWP-R: 0.13
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 Wire Products PCL Cash-to-Debt Related Terms
Thai Wire Products 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:TWP-R vs NUE, STLD, RS: Cash-to-Debt Comparison
For the Steel subindustry, Thai Wire Products 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 Wire Products PCL Cash-to-Debt vs Steel Industry
For the Steel industry and Basic Materials sector, Thai Wire Products PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Thai Wire Products 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 Wire Products PCL (BKK:TWP-R) has a Cash-to-Debt of 0.13 as of Jun. 2026. This is 61% below median its historical median of 0.33. Over the past decade, Thai Wire Products PCL's Cash-to-Debt has ranged from 0.06 to 10,000.00. According to the industry distribution chart, Thai Wire Products PCL ranks #448 out of 609 companies in the Steel industry, placing it in the top 73.6%.
Is Thai Wire Products PCL's Cash-to-Debt too high?
Thai Wire Products PCL's current Cash-to-Debt of 0.13 is 61% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 10,000.00. The Steel industry median Cash-to-Debt is 0.39. Thai Wire Products PCL's value of 0.13 is 66.7% below this industry median. Based on the distribution chart, Thai Wire Products PCL ranks #448 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Thai Wire Products PCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Wire Products PCL's Cash-to-Debt compare to NUE and STLD?
According to the Steel industry distribution chart, Thai Wire Products PCL ranks #448 out of 609 companies for Cash-to-Debt. This places Thai Wire Products PCL in the lower half of its industry. The industry median Cash-to-Debt is 0.39. Thai Wire Products PCL's value of 0.13 is 66.7% below this benchmark. Historically, Thai Wire Products PCL's own Cash-to-Debt has ranged from 0.06 to 10,000.00 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.39, Thai Wire Products 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 Steel company?
The median Cash-to-Debt among Steel companies is 0.39, based on 609 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 Wire Products PCL's current Cash-to-Debt of 0.13 is 66.7% 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 Steel industry, the median Cash-to-Debt is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wire Products PCL's current Cash-to-Debt is 0.13, which is 61% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wire Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wire Products PCL (BKK:TWP-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.18, compared to a current price of ฿1.60 — trading 35.6% above its estimated fair value. The current Cash-to-Debt is 0.13, which is 61% below median its 10-year median of 0.33 and 66.7% below the Steel industry median of 0.39. Thai Wire Products PCL's overall GF Score™ is 56/100 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 Wire Products PCL (BKK:TWP-R), the current Cash-to-Debt is 0.13 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 Thai Wire Products PCL (BKK:TWP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wire Products PCL stock appears to be overvalued.
The current stock price of ฿1.60 is trading 35.6% above its estimated GF Value™ of ฿1.18.
GuruFocus considers Thai Wire Products PCL to be Significantly Overvalued.
Key valuation signals for BKK:TWP-R:
Cash-to-Debt: 0.13 (61% below median its 10-year median of 0.33)
GF Value™: ฿1.18 vs. price of ฿1.60 (35.6% above fair value)
Industry Position: 66.7% below the Steel median (#448 of 609)
No single metric tells the full story. See the BKK:TWP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wire Products PCL is a Thailand-based manufacturer and seller of high-tensile steel wire (prestressed concrete wire) for the construction industry. Additionally, its product offerings also include galvanized steel wire, cold drawn steel wire, hard drawn steel wire, ordinary low carbon steel wire, etc. Geographically, the company generates maximum revenue from its domestic region and also has some exposure to overseas markets.
56GF Score
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