BT Wealth Industries PCL (BKK:BTW-R) Debt-to-Equity: 1.83 (As of Mar. 2026) — 395% Above Median


What is BT Wealth Industries PCL Debt-to-Equity?

BT Wealth Industries PCL BKK:BTW-R Debt-to-Equity is 1.83 as of Mar. 2026, which is 395% above its 10-year median of 0.37. The stock has 2 warning signs investors should review. Among 2,675 Industrial Products companies, BT Wealth Industries PCL ranks worse than 95.74% on this metric.

BT Wealth Industries PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿188.3 Mil. BT Wealth Industries PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿20.0 Mil. BT Wealth Industries PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿114.0 Mil. BT Wealth Industries PCL's debt to equity for the quarter that ended in Mar. 2026 was 1.83.

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 BT Wealth Industries PCL's Debt-to-Equity or its related term are showing as below:

BKK:BTW-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.37   Max: 1.83
Current: 1.83

During the past 12 years, the highest Debt-to-Equity Ratio of BT Wealth Industries PCL was 1.83. The lowest was 0.01. And the median was 0.37.

BKK:BTW-R's Debt-to-Equity is ranked worse than
95.74% of 2675 companies
in the Industrial Products industry
Industry Median: 0.28 vs BKK:BTW-R: 1.83

BT Wealth Industries PCL  (BKK:BTW-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.


BT Wealth Industries PCL Debt-to-Equity Related Terms


BT Wealth Industries PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries 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.

BT Wealth Industries PCL Debt-to-Equity Chart

BT Wealth Industries 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 0.38 0.43 0.81 0.60 1.27

BT Wealth Industries 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-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 0.64 0.61 0.69 1.27 1.83

BKK:BTW-R vs CRS, ATI, MLI: Debt-to-Equity Comparison

For the Metal Fabrication subindustry, BT Wealth Industries 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.


BT Wealth Industries PCL Debt-to-Equity vs Industrial Products Industry

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

* The bar in red indicates where BT Wealth Industries PCL's Debt-to-Equity falls into.



BT Wealth Industries PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

BT Wealth Industries PCL's Debt to Equity Ratio for the quarter that ended in Mar. 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 1.83 mean?
BT Wealth Industries PCL (BKK:BTW-R) has a Debt-to-Equity of 1.83 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BT Wealth Industries PCL and its competitors. This is 395% above median its historical median of 0.37. Over the past decade, BT Wealth Industries PCL's Debt-to-Equity has ranged from 0.01 to 1.83. According to the industry distribution chart, BT Wealth Industries PCL ranks #2561 out of 2675 companies in the Industrial Products industry, placing it in the top 95.7%.
Is BT Wealth Industries PCL's Debt-to-Equity too high?
BT Wealth Industries PCL's current Debt-to-Equity of 1.83 is 395% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.83. The Industrial Products industry median Debt-to-Equity is 0.28. BT Wealth Industries PCL's value of 1.83 is 553.6% above this industry median. Based on the distribution chart, BT Wealth Industries PCL ranks #2561 out of 2675 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does BT Wealth Industries PCL's Debt-to-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #2561 out of 2675 companies for Debt-to-Equity. This places BT Wealth Industries PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.28. BT Wealth Industries PCL's value of 1.83 is 553.6% above this benchmark. Historically, BT Wealth Industries PCL's own Debt-to-Equity has ranged from 0.01 to 1.83 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.28, BT Wealth Industries 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,675 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. BT Wealth Industries PCL's current Debt-to-Equity of 1.83 is 553.6% 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current Debt-to-Equity is 1.83, which is 395% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
BT Wealth Industries PCL (BKK:BTW-R) has a current Debt-to-Equity of 1.83. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.07 — trading 46.7% below its estimated fair value. The current Debt-to-Equity is 1.83, which is 395% above median its 10-year median of 0.37 and 553.6% above the Industrial Products industry median of 0.28. 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 BT Wealth Industries PCL (BKK:BTW-R), the current Debt-to-Equity is 1.83 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.

BT Wealth Industries PCL Business Description

Other Exchanges BTW:Thailand
Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.