BT Wealth Industries PCL (BKK:BTW-R) Debt-to-Asset : 0.38 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

What is BT Wealth Industries PCL Debt-to-Asset?

BT Wealth Industries PCL BKK:BTW-R Debt-to-Asset is 0.38 as of Mar. 2026. The stock has 2 warning signs investors should review.

BT Wealth Industries PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿188.3 Mil. BT Wealth Industries PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿20.0 Mil. BT Wealth Industries PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿552.4 Mil. BT Wealth Industries PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.38.


BT Wealth Industries PCL  (BKK:BTW-R) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


BT Wealth Industries PCL Debt-to-Asset Related Terms


BT Wealth Industries PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries PCL's Debt-to-Asset 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.

BT Wealth Industries PCL Debt-to-Asset Chart

BT Wealth Industries PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.24 0.29 0.22 0.34

BT Wealth Industries PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset 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 0.22 0.20 0.21 0.34 0.38

BKK:BTW-R vs CRS, ATI, MLI: Debt-to-Asset Comparison

For the Metal Fabrication subindustry, BT Wealth Industries PCL's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


BT Wealth Industries PCL Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where BT Wealth Industries PCL's Debt-to-Asset falls into.



BT Wealth Industries PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

BT Wealth Industries PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(186.066 + 19.557) / 602.367
=0.34

BT Wealth Industries PCL's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(188.313 + 20.041) / 552.398
=0.38

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.38 mean?
BT Wealth Industries PCL (BKK:BTW-R) has a Debt-to-Asset of 0.38 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on BT Wealth Industries PCL and its competitors.
Is BT Wealth Industries PCL's Debt-to-Asset too high?
BT Wealth Industries PCL's current Debt-to-Asset is 0.38.
How does BT Wealth Industries PCL's Debt-to-Asset compare to CRS and ATI?
BT Wealth Industries PCL's Debt-to-Asset of 0.38 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on BT Wealth Industries PCL and its competitors. BT Wealth Industries PCL's current Debt-to-Asset is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
BT Wealth Industries PCL (BKK:BTW-R) has a current Debt-to-Asset of 0.38. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.07 — trading 53.4% below its estimated fair value. The current Debt-to-Asset is 0.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For BT Wealth Industries PCL (BKK:BTW-R), the current Debt-to-Asset is 0.38 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.

BT Wealth Industries PCL Business Description

Other Exchanges BTW:Thailand
Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.