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Cho Thavee PCLBKK:CHO Debt-to-Equity is -1.40 as of Jun. 2026. The stock has 7 warning signs investors should review. Among 191 Farm & Heavy Construction Machinery companies, Cho Thavee PCL ranks worse than 523559.69% on this metric.
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 Cho Thavee PCL's Debt-to-Equity or its related term are showing as below:
BKK:CHO'
s Debt-to-Equity Range Over the Past 10 Years
Min: -42.89 Med: 1.97 Max: 19.73
Current: -1.4
During the past 13 years, the highest Debt-to-Equity Ratio of Cho Thavee PCL was 19.73. The lowest was -42.89. And the median was 1.97.
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.
Cho Thavee PCL Debt-to-Equity Related Terms
Cho Thavee PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cho Thavee 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.
BKK:CHO vs CAT, DE, PCAR: Debt-to-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Cho Thavee 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.
Cho Thavee PCL Debt-to-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cho Thavee PCL's Debt-to-Equity falls into.
* 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.
Cho Thavee PCL (BKK:CHO) has a Debt-to-Equity of -1.40 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cho Thavee PCL and its competitors. According to the industry distribution chart, Cho Thavee PCL ranks #999999 out of 191 companies in the Farm & Heavy Construction Machinery industry.
Is Cho Thavee PCL's Debt-to-Equity too high?
Cho Thavee PCL's current Debt-to-Equity is -1.40. Based on the distribution chart, Cho Thavee PCL ranks #999999 out of 191 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers.
How does Cho Thavee PCL's Debt-to-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Cho Thavee PCL ranks #999999 out of 191 companies for Debt-to-Equity. This places Cho Thavee PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.36. 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 Farm & Heavy Construction Machinery company?
The median Debt-to-Equity among Farm & Heavy Construction Machinery companies is 0.36, based on 191 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. 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 Cho Thavee PCL and its competitors. For the Farm & Heavy Construction Machinery industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cho Thavee PCL's current Debt-to-Equity is -1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cho Thavee PCL stock overvalued right now?
Cho Thavee PCL (BKK:CHO) has a current Debt-to-Equity of -1.40. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.02 — trading 33.3% below its estimated fair value. The current Debt-to-Equity is -1.40. 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 Cho Thavee PCL (BKK:CHO), the current Debt-to-Equity is -1.40 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.
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.
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