Ekarat Engineering PCL (BKK:AKR-R) Debt-to-Equity: 0.13 (As of Jun. 2026) — 54% Below Median

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:AKR-R Ekarat Engineering PCL BKK:AKR-R
57 GF Score
Price ฿0.95
GF Value ฿0.75
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ekarat Engineering PCL Debt-to-Equity?

Ekarat Engineering PCL BKK:AKR-R -1.04% 57 Debt-to-Equity is 0.13 as of Jun. 2026, which is 54% below its 10-year median of 0.28. GuruFocus rates BKK:AKR-R with a GF Score™ of 57/100 and a GF Value™ of ฿0.75 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,687 Industrial Products companies, Ekarat Engineering PCL ranks better than 69.78% on this metric.

Ekarat Engineering PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿165 Mil. Ekarat Engineering PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿56 Mil. Ekarat Engineering PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,665 Mil. Ekarat Engineering PCL's debt to equity for the quarter that ended in Jun. 2026 was 0.13.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ekarat Engineering PCL's Debt-to-Equity or its related term are showing as below:

BKK:AKR-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.28   Max: 0.47
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Ekarat Engineering PCL was 0.47. The lowest was 0.05. And the median was 0.28.

BKK:AKR-R's Debt-to-Equity is ranked better than
69.78% of 2687 companies
in the Industrial Products industry
Industry Median: 0.29 vs BKK:AKR-R: 0.13

Ekarat Engineering PCL  (BKK:AKR-R) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ekarat Engineering PCL Debt-to-Equity Related Terms


Ekarat Engineering PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ekarat Engineering PCL's Debt-to-Equity 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.

Ekarat Engineering PCL Debt-to-Equity Chart

Ekarat Engineering PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.24 0.22 0.12 0.05

Ekarat Engineering PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity 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 0.05 0.07 0.05 0.06 0.13

BKK:AKR-R vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Ekarat Engineering PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Ekarat Engineering PCL Debt-to-Equity vs Industrial Products Industry

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

* The bar in red indicates where Ekarat Engineering PCL's Debt-to-Equity falls into.


BKK:AKR-R
57GF Score
Ekarat Engineering PCL BKK:AKR-R
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ekarat Engineering PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ekarat Engineering PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ekarat Engineering PCL's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.13 mean?
Ekarat Engineering PCL (BKK:AKR-R) has a Debt-to-Equity of 0.13 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ekarat Engineering PCL and its competitors. This is 54% below median its historical median of 0.28. Over the past decade, Ekarat Engineering PCL's Debt-to-Equity has ranged from 0.05 to 0.47. According to the industry distribution chart, Ekarat Engineering PCL ranks #812 out of 2687 companies in the Industrial Products industry, placing it in the top 30.2%.
Is Ekarat Engineering PCL's Debt-to-Equity too high?
Ekarat Engineering PCL's current Debt-to-Equity of 0.13 is 54% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.47. The Industrial Products industry median Debt-to-Equity is 0.29. Ekarat Engineering PCL's value of 0.13 is 55.2% below this industry median. Based on the distribution chart, Ekarat Engineering PCL ranks #812 out of 2687 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ekarat Engineering PCL has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ekarat Engineering PCL's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ekarat Engineering PCL ranks #812 out of 2687 companies for Debt-to-Equity. This puts Ekarat Engineering PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.29. Ekarat Engineering PCL's value of 0.13 is 55.2% below this benchmark. Historically, Ekarat Engineering PCL's own Debt-to-Equity has ranged from 0.05 to 0.47 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.29, Ekarat Engineering PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,687 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ekarat Engineering PCL's current Debt-to-Equity of 0.13 is 55.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ekarat Engineering PCL and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ekarat Engineering PCL's current Debt-to-Equity is 0.13, which is 54% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ekarat Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Ekarat Engineering PCL (BKK:AKR-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.75, compared to a current price of ฿0.95 — trading 26.7% above its estimated fair value. The current Debt-to-Equity is 0.13, which is 54% below median its 10-year median of 0.28 and 55.2% below the Industrial Products industry median of 0.29. Ekarat Engineering PCL's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ekarat Engineering PCL (BKK:AKR-R), the current Debt-to-Equity is 0.13 as of Jun. 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 Ekarat Engineering PCL (BKK:AKR-R) Overvalued in 2026?

Based on GuruFocus' analysis, Ekarat Engineering PCL stock appears to be overvalued. The current stock price of ฿0.95 is trading 26.7% above its estimated GF Value™ of ฿0.75. GuruFocus considers Ekarat Engineering PCL to be Modestly Overvalued.

Key valuation signals for BKK:AKR-R:

  • Debt-to-Equity: 0.13 (54% below median its 10-year median of 0.28)
  • GF Value™: ฿0.75 vs. price of ฿0.95 (26.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 55.2% below the Industrial Products median (#812 of 2687)

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


Ekarat Engineering PCL Business Description

Other Exchanges AKR:Thailand
Address 9/291 UM Tower, Ramkhamhaeng Road, 28th Floor, Suanluang, Suanluang, Bangkok, THA, 10250
Ekarat Engineering PCL is engaged in manufacturing and distribution of transformers and solar farms. Its segments include Manufacturing and distribution; Services; and Installation of a solar panel. It derives the majority of the revenue from the Manufacturing and distribution segment.
57GF Score

Get the complete analysis for BKK:AKR-R

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

฿0.95
Price
฿0.75
GF Value