Millcon Steel PCL (BKK:MILL-R) Debt-to-Asset : 0.73 (As of Sep. 2025)

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What is Millcon Steel PCL Debt-to-Asset?

Millcon Steel PCL BKK:MILL-R Debt-to-Asset is 0.73 as of Sep. 2025. The stock has 8 warning signs investors should review.

Millcon Steel PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ฿11,110 Mil. Millcon Steel PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ฿366 Mil. Millcon Steel PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2025 was ฿15,766 Mil. Millcon Steel PCL's debt to asset for the quarter that ended in Sep. 2025 was 0.73.

Millcon Steel PCL  (BKK:MILL-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.

Millcon Steel PCL Debt-to-Asset Related Terms

Millcon Steel PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Debt-to-Asset Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.54 0.54 0.51 0.56

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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 0.61 0.71 0.75 0.74 0.73

BKK:MILL-R vs NUE, STLD, RS: Debt-to-Asset Comparison

For the Steel subindustry, Millcon Steel 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.

Millcon Steel PCL Debt-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Debt-to-Asset distribution charts can be found below:

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


Millcon Steel PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Millcon Steel PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11804.362 + 14.485) / 20949.952
=0.56

Millcon Steel PCL's Debt-to-Asset for the quarter that ended in Sep. 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
=(11109.853 + 366.326) / 15766.165
=0.73

* 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 0.73 mean?
Millcon Steel PCL (BKK:MILL-R) has a Debt-to-Asset of 0.73 as of Sep. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Millcon Steel PCL and its competitors.
Is Millcon Steel PCL's Debt-to-Asset too high?
Millcon Steel PCL's current Debt-to-Asset is 0.73.
How does Millcon Steel PCL's Debt-to-Asset compare to NUE and STLD?
Millcon Steel PCL's Debt-to-Asset of 0.73 can be compared against companies in the Steel 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 Steel company?
A good Debt-to-Asset depends on the Steel 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 Millcon Steel PCL and its competitors. Millcon Steel PCL's current Debt-to-Asset is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Debt-to-Asset of 0.73. The current Debt-to-Asset is 0.73. 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 Millcon Steel PCL (BKK:MILL-R), the current Debt-to-Asset is 0.73 as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.