Eastern Technical Engineering PCL (BKK:ETE-R) Debt-to-Asset : 0.43 (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.

BKK:ETE-R Eastern Technical Engineering PCL BKK:ETE-R
42 GF Score
Price ฿0.69
GF Value ฿0.98
! 6 Warning Signs
View Full Analysis

What is Eastern Technical Engineering PCL Debt-to-Asset?

Eastern Technical Engineering PCL BKK:ETE-R 42 Debt-to-Asset is 0.43 as of Mar. 2026. GuruFocus rates BKK:ETE-R with a GF Score™ of 42/100 and a GF Value™ of ฿0.98. The stock has 6 warning signs investors should review.

Eastern Technical Engineering PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿650 Mil. Eastern Technical Engineering PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿318 Mil. Eastern Technical Engineering PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿2,250 Mil. Eastern Technical Engineering PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.43.


Eastern Technical Engineering PCL  (BKK:ETE-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.


Eastern Technical Engineering PCL Debt-to-Asset Related Terms


Eastern Technical Engineering PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Eastern Technical Engineering 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.

Eastern Technical Engineering PCL Debt-to-Asset Chart

Eastern Technical Engineering 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 0.41 0.42 0.45 0.47 0.44

Eastern Technical Engineering 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 0.45 0.46 0.44 0.44 0.43

BKK:ETE-R vs MMM, HON: Debt-to-Asset Comparison

For the Conglomerates subindustry, Eastern Technical Engineering 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.


Eastern Technical Engineering PCL Debt-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eastern Technical Engineering PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Eastern Technical Engineering PCL's Debt-to-Asset falls into.


BKK:ETE-R
42GF Score
Eastern Technical Engineering PCL BKK:ETE-R
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eastern Technical Engineering PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Eastern Technical Engineering 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
=(636.712 + 348.153) / 2239.686
=0.44

Eastern Technical Engineering 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
=(650.03 + 317.687) / 2249.566
=0.43

* 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 0.43 mean?
Eastern Technical Engineering PCL (BKK:ETE-R) has a Debt-to-Asset of 0.43 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Eastern Technical Engineering PCL and its competitors.
Is Eastern Technical Engineering PCL's Debt-to-Asset too high?
Eastern Technical Engineering PCL's current Debt-to-Asset is 0.43. Overall, Eastern Technical Engineering PCL has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Technical Engineering PCL's Debt-to-Asset compare to MMM and HON?
Eastern Technical Engineering PCL's Debt-to-Asset of 0.43 can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Debt-to-Asset depends on the Conglomerates 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 Eastern Technical Engineering PCL and its competitors. Eastern Technical Engineering PCL's current Debt-to-Asset is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Technical Engineering PCL stock overvalued right now?
Eastern Technical Engineering PCL (BKK:ETE-R) has a current Debt-to-Asset of 0.43. The stock's GF Value™ is ฿0.98, compared to a current price of ฿0.69 — trading 29.6% below its estimated fair value. The current Debt-to-Asset is 0.43. Eastern Technical Engineering PCL's overall GF Score™ is 42/100 with 6 warning signs to review. 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 Eastern Technical Engineering PCL (BKK:ETE-R), the current Debt-to-Asset is 0.43 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 Eastern Technical Engineering PCL (BKK:ETE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Technical Engineering PCL stock appears to be undervalued. The current stock price of ฿0.69 is trading 29.6% below its estimated GF Value™ of ฿0.98.

Key valuation signals for BKK:ETE-R:

  • Debt-to-Asset: 0.43
  • GF Value™: ฿0.98 vs. price of ฿0.69 (29.6% below fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the BKK:ETE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eastern Technical Engineering PCL Business Description

Other Exchanges ETE:Thailand
Address 88 Soi. Yothinpattana, Klongchan Sub-district, Bangkapi District, Bangkok, THA, 10240
Eastern Technical Engineering PCL operates management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other services. Its segments include the business of management service, the business of construction service, the business of renewable energy, the business of sale of goods and other services. It operates in a single geographic area, namely in Thailand.
42GF Score

Get the complete analysis for BKK:ETE-R

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.69
Price
฿0.98
GF Value