Asia Hotel PCL (BKK:ASIA-R) Debt-to-Equity: 0.44 (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:ASIA-R Asia Hotel PCL BKK:ASIA-R
66 GF Score
Price ฿5.41
GF Value ฿6.47
! 5 Warning Signs
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What is Asia Hotel PCL Debt-to-Equity?

Asia Hotel PCL BKK:ASIA-R 66 Debt-to-Equity is 0.44 as of Jun. 2026, which is 2% above its 10-year median of 0.43. GuruFocus rates BKK:ASIA-R with a GF Score™ of 66/100 and a GF Value™ of ฿6.47. The stock has 5 warning signs investors should review. Among 719 Travel & Leisure companies, Asia Hotel PCL ranks worse than 51.74% on this metric.

Asia Hotel PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿277 Mil. Asia Hotel PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿2,232 Mil. Asia Hotel PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿5,758 Mil. Asia Hotel PCL's debt to equity for the quarter that ended in Jun. 2026 was 0.44.

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 Asia Hotel PCL's Debt-to-Equity or its related term are showing as below:

BKK:ASIA-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.43   Max: 0.53
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Asia Hotel PCL was 0.53. The lowest was 0.36. And the median was 0.43.

BKK:ASIA-R's Debt-to-Equity is ranked worse than
51.74% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.42 vs BKK:ASIA-R: 0.44

Asia Hotel PCL  (BKK:ASIA-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.


Asia Hotel PCL Debt-to-Equity Related Terms


Asia Hotel PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Asia Hotel 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.

Asia Hotel PCL Debt-to-Equity Chart

Asia Hotel 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 0.45 0.44 0.42 0.41 0.47

Asia Hotel 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 0.40 0.40 0.47 0.44 0.44

BKK:ASIA-R vs MAR, HLT, H: Debt-to-Equity Comparison

For the Lodging subindustry, Asia Hotel 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.


Asia Hotel PCL Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Hotel PCL's Debt-to-Equity distribution charts can be found below:

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


BKK:ASIA-R
66GF Score
Asia Hotel PCL BKK:ASIA-R
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Hotel PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Asia Hotel 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 0.44 mean?
Asia Hotel PCL (BKK:ASIA-R) has a Debt-to-Equity of 0.44 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Asia Hotel PCL and its competitors. This is near median its historical median of 0.43. Over the past decade, Asia Hotel PCL's Debt-to-Equity has ranged from 0.36 to 0.53. According to the industry distribution chart, Asia Hotel PCL ranks #372 out of 719 companies in the Travel & Leisure industry, placing it in the top 51.7%.
Is Asia Hotel PCL's Debt-to-Equity too high?
Asia Hotel PCL's current Debt-to-Equity of 0.44 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.53. The Travel & Leisure industry median Debt-to-Equity is 0.42. Asia Hotel PCL's value of 0.44 is 4.8% above this industry median. Based on the distribution chart, Asia Hotel PCL ranks #372 out of 719 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Asia Hotel PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Asia Hotel PCL's Debt-to-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Asia Hotel PCL ranks #372 out of 719 companies for Debt-to-Equity. This places Asia Hotel PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Asia Hotel PCL's value of 0.44 is 4.8% above this benchmark. Historically, Asia Hotel PCL's own Debt-to-Equity has ranged from 0.36 to 0.53 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.42, Asia Hotel PCL has consistently been above 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 a Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 719 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. Asia Hotel PCL's current Debt-to-Equity of 0.44 is 4.8% above 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 Asia Hotel PCL and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Hotel PCL's current Debt-to-Equity is 0.44, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Hotel PCL stock overvalued right now?
Asia Hotel PCL (BKK:ASIA-R) has a current Debt-to-Equity of 0.44. The stock's GF Value™ is ฿6.47, compared to a current price of ฿5.41 — trading 16.4% below its estimated fair value. The current Debt-to-Equity is 0.44, which is near median its 10-year median of 0.43 and 4.8% above the Travel & Leisure industry median of 0.42. Asia Hotel PCL's overall GF Score™ is 66/100 with 5 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 Asia Hotel PCL (BKK:ASIA-R), the current Debt-to-Equity is 0.44 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 Asia Hotel PCL (BKK:ASIA-R) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Hotel PCL stock appears to be undervalued. The current stock price of ฿5.41 is trading 16.4% below its estimated GF Value™ of ฿6.47.

Key valuation signals for BKK:ASIA-R:

  • Debt-to-Equity: 0.44 (near median its 10-year median of 0.43)
  • GF Value™: ฿6.47 vs. price of ฿5.41 (16.4% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 4.8% above the Travel & Leisure median (#372 of 719)

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


Asia Hotel PCL Business Description

Other Exchanges ASIA:Thailand
Address 296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA, 10400
Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates business segments namely; The room segment, the Food And Beverages segment, and the Rental And Services segment. The Company and its subsidiaries, Asia Pattaya Hotel Co., Ltd., and Asia Airport Hotel Co., Ltd, are involved in the hotel business, with their principal activities consisting of room service and operating restaurants. It generates a majority of its revenue from the Rooms segment.
66GF Score

Get the complete analysis for BKK:ASIA-R

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

฿5.41
Price
฿6.47
GF Value