Tirathai PCL (BKK:TRT-R) Debt-to-Asset : 0.33 (As of Mar. 2026)

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BKK:TRT-R Tirathai PCL BKK:TRT-R
57 GF Score
Price ฿3.52
GF Value ฿0.68
! 7 Warning Signs
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What is Tirathai PCL Debt-to-Asset?

Tirathai PCL BKK:TRT-R 57 Debt-to-Asset is 0.33 as of Mar. 2026. GuruFocus rates BKK:TRT-R with a GF Score™ of 57/100 and a GF Value™ of ฿0.68. The stock has 7 warning signs investors should review.

Tirathai PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿1,155 Mil. Tirathai PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿152 Mil. Tirathai PCL's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ฿3,946 Mil. Tirathai PCL's debt to asset for the quarter that ended in Mar. 2026 was 0.33.

Tirathai PCL  (BKK:TRT-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.

Tirathai PCL Debt-to-Asset Related Terms

Tirathai PCL Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Tirathai 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.

Tirathai PCL Debt-to-Asset Chart

Tirathai 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 0.40 0.48 0.47 0.38 0.35

Tirathai 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 0.33 0.35 0.28 0.35 0.33

BKK:TRT-R vs VRT, BE: Debt-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, Tirathai 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.

Tirathai PCL Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Debt-to-Asset distribution charts can be found below:

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


BKK:TRT-R
57GF Score
Tirathai PCL BKK:TRT-R
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirathai PCL Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tirathai 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
=(1160.832 + 89.391) / 3540.828
=0.35

Tirathai 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
=(1154.947 + 152.239) / 3946.049
=0.33

* 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 0.33 mean?
Tirathai PCL (BKK:TRT-R) has a Debt-to-Asset of 0.33 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Tirathai PCL and its competitors.
Is Tirathai PCL's Debt-to-Asset too high?
Tirathai PCL's current Debt-to-Asset is 0.33. Overall, Tirathai PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Debt-to-Asset compare to VRT and BE?
Tirathai PCL's Debt-to-Asset of 0.33 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products 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 Tirathai PCL and its competitors. Tirathai PCL's current Debt-to-Asset is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Debt-to-Asset of 0.33. The stock's GF Value™ is ฿0.68, compared to a current price of ฿3.52 — trading 417.6% above its estimated fair value. The current Debt-to-Asset is 0.33. Tirathai PCL's overall GF Score™ is 57/100 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 Tirathai PCL (BKK:TRT-R), the current Debt-to-Asset is 0.33 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued. The current stock price of ฿3.52 is trading 417.6% above its estimated GF Value™ of ฿0.68.

Key valuation signals for BKK:TRT-R:

  • Debt-to-Asset: 0.33
  • GF Value™: ฿0.68 vs. price of ฿3.52 (417.6% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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

Tirathai PCL Business Description

Other Exchanges TRT:Thailand
Address 516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samut Prakan, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
57GF Score

Get the complete analysis for BKK:TRT-R

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

฿3.52
Price
฿0.68
GF Value