Millcon Steel PCLBKK:MILL-R Debt-to-Equity is 158.98 as of Sep. 2025, which is 9090% above its 10-year median of 1.73. The stock has 8 warning signs investors should review. Among 545 Steel companies, Millcon Steel PCL ranks worse than 100% 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 Millcon Steel PCL's Debt-to-Equity or its related term are showing as below:
BKK:MILL-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.26 Med: 1.73 Max: 158.98
Current: 158.98
During the past 13 years, the highest Debt-to-Equity Ratio of Millcon Steel PCL was 158.98. The lowest was 1.26. And the median was 1.73.
BKK:MILL-R's Debt-to-Equity is ranked worse than 100% of 545
companies
in the Steel industry
Industry Median: 0.4
vs BKK:MILL-R: 158.98
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.
Millcon Steel PCL Debt-to-Equity Related Terms
Millcon Steel PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Millcon Steel 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:MILL-R vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Millcon Steel 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.
Millcon Steel PCL Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Millcon Steel PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Millcon Steel 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.
Millcon Steel PCL (BKK:MILL-R) has a Debt-to-Equity of 158.98 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Millcon Steel PCL and its competitors. This is 9090% above median its historical median of 1.73. Over the past decade, Millcon Steel PCL's Debt-to-Equity has ranged from 1.26 to 158.98. According to the industry distribution chart, Millcon Steel PCL ranks #545 out of 545 companies in the Steel industry.
Is Millcon Steel PCL's Debt-to-Equity too high?
Millcon Steel PCL's current Debt-to-Equity of 158.98 is 9090% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 158.98. The Steel industry median Debt-to-Equity is 0.40. Millcon Steel PCL's value of 158.98 is 39645% above this industry median. Based on the distribution chart, Millcon Steel PCL ranks #545 out of 545 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #545 out of 545 companies for Debt-to-Equity. This places Millcon Steel PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Millcon Steel PCL's value of 158.98 is 39645% above this benchmark. Historically, Millcon Steel PCL's own Debt-to-Equity has ranged from 1.26 to 158.98 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 0.40, Millcon Steel 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 545 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. Millcon Steel PCL's current Debt-to-Equity of 158.98 is 39645% 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 Millcon Steel PCL and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Debt-to-Equity is 158.98, which is 9090% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Debt-to-Equity of 158.98. The current Debt-to-Equity is 158.98, which is 9090% above median its 10-year median of 1.73 and 39645% above the Steel industry median of 0.40. 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 Millcon Steel PCL (BKK:MILL-R), the current Debt-to-Equity is 158.98 as of Sep. 2025. 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.
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:MILL-R has been successfully added to your 