Ichitan Group PCL (BKK:ICHI-R) Debt-to-Asset : 0.01 (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:ICHI-R Ichitan Group PCL BKK:ICHI-R
94 GF Score
Price ฿10.60
GF Value ฿11.00
! 7 Warning Signs
View Full Analysis

What is Ichitan Group PCL Debt-to-Asset?

Ichitan Group PCL BKK:ICHI-R 94 Debt-to-Asset is 0.01 as of Mar. 2026. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.00. The stock has 7 warning signs investors should review.

Ichitan Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿18 Mil. Ichitan Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿70 Mil. Ichitan Group PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿7,197 Mil. Ichitan Group PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.01.

Ichitan Group PCL  (BKK:ICHI-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.

Ichitan Group PCL Debt-to-Asset Related Terms

Ichitan Group PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Ichitan Group 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.

Ichitan Group PCL Debt-to-Asset Chart

Ichitan Group 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 0.01 0.01 0.01 0.01 0.01

Ichitan Group 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 0.01 0.01 0.01 0.01 0.01

BKK:ICHI-R vs KO, PEP, MNST: Debt-to-Asset Comparison

For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.

Ichitan Group PCL Debt-to-Asset vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ichitan Group PCL's Debt-to-Asset falls into.


BKK:ICHI-R
94GF Score
Ichitan Group PCL BKK:ICHI-R
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichitan Group PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ichitan Group 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
=(17.437 + 70.115) / 6790.534
=0.01

Ichitan Group 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
=(17.712 + 70.203) / 7197.373
=0.01

* 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 0.01 mean?
Ichitan Group PCL (BKK:ICHI-R) has a Debt-to-Asset of 0.01 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ichitan Group PCL and its competitors.
Is Ichitan Group PCL's Debt-to-Asset too high?
Ichitan Group PCL's current Debt-to-Asset is 0.01. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Debt-to-Asset compare to KO and PEP?
Ichitan Group PCL's Debt-to-Asset of 0.01 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Debt-to-Asset depends on the Beverages - Non-Alcoholic 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 Ichitan Group PCL and its competitors. Ichitan Group PCL's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Debt-to-Asset of 0.01. The stock's GF Value™ is ฿11.00, compared to a current price of ฿10.60 — trading 3.6% below its estimated fair value. The current Debt-to-Asset is 0.01. Ichitan Group PCL's overall GF Score™ is 94/100 with 7 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 Ichitan Group PCL (BKK:ICHI-R), the current Debt-to-Asset is 0.01 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued. The current stock price of ฿10.60 is trading 3.6% below its estimated GF Value™ of ฿11.00.

Key valuation signals for BKK:ICHI-R:

  • Debt-to-Asset: 0.01
  • GF Value™: ฿11.00 vs. price of ฿10.60 (3.6% below fair value)
  • GF Score™: 94/100 with 7 warning signs

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

Ichitan Group PCL Business Description

Other Exchanges ICHI:Thailand
Address Sukhumvit 40 Alley, No. 8 T-One Building, 42nd - 44th Floor, Phra Khanong Sub-District, Khlong Toei District, Bangkok, THA, 10110
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score

Get the complete analysis for BKK:ICHI-R

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

฿10.60
Price
฿11.00
GF Value