Thai Parcels PCL (BKK:TPL) Debt-to-Asset : 0.12 (As of Dec. 2024)

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What is Thai Parcels PCL Debt-to-Asset?

Thai Parcels PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿67.2 Mil. Thai Parcels PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿51.6 Mil. Thai Parcels PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was ฿997.0 Mil. Thai Parcels PCL's debt to asset for the quarter that ended in Dec. 2024 was 0.12.

Thai Parcels PCL Debt-to-Asset Historical Data

The historical data trend for Thai Parcels 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.

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Thai Parcels PCL Debt-to-Asset Chart

Thai Parcels PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

0.24

0.23

0.15

0.12

Thai Parcels PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial								0.15	0.11	0.15	0.10	0.12

Competitive Comparison of Thai Parcels PCL's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, Thai Parcels 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.

Thai Parcels PCL's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Thai Parcels PCL's Debt-to-Asset distribution charts can be found below:

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

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Thai Parcels PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thai Parcels PCL's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(67.186	+	51.633)	/	997.028
	=	0.12

Thai Parcels PCL's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(67.186	+	51.633)	/	997.028
	=	0.12

Thai Parcels PCL (BKK:TPL) 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.

Thai Parcels PCL Debt-to-Asset Related Terms

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Thai Parcels PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thai Parcels PCL (BKK:TPL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1010 Luang Phaeng Road, Tab Yao, Lat Krabang, Bangkok, THA, 10520

Website

https://www.thaiparcels.com

Thai Parcels PCL is engaged in providing delivery and parcel delivery services to business-to-business customers. The main business of the Company is to provide transportation and handling services. The company operates in a single business segment: transportation and related services. In addition, the Company operates in the same geographic area as Thailand.