Ramkhamhaeng Hospital PCL (BKK:RAM) Debt-to-Asset : 0.28 (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:RAM Ramkhamhaeng Hospital PCL BKK:RAM
77 GF Score
Price ฿18.00
GF Value ฿45.63
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ramkhamhaeng Hospital PCL Debt-to-Asset?

Ramkhamhaeng Hospital PCL BKK:RAM +0.56% 77 Debt-to-Asset is 0.28 as of Mar. 2026. GuruFocus rates BKK:RAM with a GF Score™ of 77/100 and a GF Value™ of ฿45.63 (Possible Value Trap). The stock has 6 warning signs investors should review.

Ramkhamhaeng Hospital PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12,682 Mil. Ramkhamhaeng Hospital PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿5,231 Mil. Ramkhamhaeng Hospital PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿63,829 Mil. Ramkhamhaeng Hospital PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.28.


Ramkhamhaeng Hospital PCL  (BKK:RAM) 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.


Ramkhamhaeng Hospital PCL Debt-to-Asset Related Terms


Ramkhamhaeng Hospital PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Ramkhamhaeng Hospital 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.

Ramkhamhaeng Hospital PCL Debt-to-Asset Chart

Ramkhamhaeng Hospital 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 0.25 0.25 0.27 0.28 0.29

Ramkhamhaeng Hospital 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 0.27 0.26 0.31 0.29 0.28

BKK:RAM vs HCA, THC, DVA: Debt-to-Asset Comparison

For the Medical Care Facilities subindustry, Ramkhamhaeng Hospital 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.


Ramkhamhaeng Hospital PCL Debt-to-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramkhamhaeng Hospital PCL's Debt-to-Asset distribution charts can be found below:

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


BKK:RAM
77GF Score
Ramkhamhaeng Hospital PCL BKK:RAM
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramkhamhaeng Hospital PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ramkhamhaeng Hospital 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
=(12974.2 + 5256.651) / 63748.083
=0.29

Ramkhamhaeng Hospital 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
=(12682.197 + 5231.481) / 63829.105
=0.28

* 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 0.28 mean?
Ramkhamhaeng Hospital PCL (BKK:RAM) has a Debt-to-Asset of 0.28 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ramkhamhaeng Hospital PCL and its competitors.
Is Ramkhamhaeng Hospital PCL's Debt-to-Asset too high?
Ramkhamhaeng Hospital PCL's current Debt-to-Asset is 0.28. Overall, Ramkhamhaeng Hospital PCL has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ramkhamhaeng Hospital PCL's Debt-to-Asset compare to HCA and THC?
Ramkhamhaeng Hospital PCL's Debt-to-Asset of 0.28 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Debt-to-Asset depends on the Healthcare Providers & Services 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 Ramkhamhaeng Hospital PCL and its competitors. Ramkhamhaeng Hospital PCL's current Debt-to-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkhamhaeng Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL (BKK:RAM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿45.63, compared to a current price of ฿18.00 — trading 60.6% below its estimated fair value. The current Debt-to-Asset is 0.28. Ramkhamhaeng Hospital PCL's overall GF Score™ is 77/100 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 Ramkhamhaeng Hospital PCL (BKK:RAM), the current Debt-to-Asset is 0.28 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 Ramkhamhaeng Hospital PCL (BKK:RAM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL stock appears to be undervalued. The current stock price of ฿18.00 is trading 60.6% below its estimated GF Value™ of ฿45.63. GuruFocus considers Ramkhamhaeng Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:RAM:

  • Debt-to-Asset: 0.28
  • GF Value™: ฿45.63 vs. price of ฿18.00 (60.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs

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


Ramkhamhaeng Hospital PCL Business Description

Address 436 Ramkhamhaeng Road, Kwaeng Huamark, Khet Bangkapi, Bangkok, THA, 10240
Ramkhamhaeng Hospital PCL business activities are hospital and businesses that support medical care. The company provides medical treatment for all types of diseases by physicians and medical professionals in all specialties. Its medical services include the 24-hour Heart Center, RAM Pituitary Center for laparoscopic surgery for pituitary tumors, Neurology & Neurosurgery Center, and specialized medical centers such as Eye Clinic, Ear, Nose and Throat Clinic, Gastroenterology Clinic, Obstetrics and Gynecology Clinic, and Diabetes Clinic. The company operates through two segments: Hospital, which includes General Hospital and Hospital in Social Security and generates the maximum revenue; and Others, which includes sale of medical equipment and instruments. Its operations are in Thailand.
77GF Score

Get the complete analysis for BKK:RAM

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

฿18.00
Price
฿45.63
GF Value