MPJ Logistics PCL (BKK:MPJ) Debt-to-Equity: 0.84 (As of Mar. 2026) — 31% Above Median

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BKK:MPJ MPJ Logistics PCL BKK:MPJ
13 GF Score
Price ฿3.86
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What is MPJ Logistics PCL Debt-to-Equity?

MPJ Logistics PCL BKK:MPJ +1.58% 13 Debt-to-Equity is 0.84 as of Mar. 2026, which is 31% above its 10-year median of 0.64. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 908 Transportation companies, MPJ Logistics PCL ranks worse than 64.32% on this metric.

MPJ Logistics PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿68 Mil. MPJ Logistics PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿567 Mil. MPJ Logistics PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿761 Mil. MPJ Logistics PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.84.

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

BKK:MPJ' s Debt-to-Equity Range Over the Past 10 Years
Min: -459.01   Med: 0.64   Max: 3.16
Current: 0.84

During the past 5 years, the highest Debt-to-Equity Ratio of MPJ Logistics PCL was 3.16. The lowest was -459.01. And the median was 0.64.

BKK:MPJ's Debt-to-Equity is ranked worse than
64.32% of 908 companies
in the Transportation industry
Industry Median: 0.535 vs BKK:MPJ: 0.84

MPJ Logistics PCL  (BKK:MPJ) 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.


MPJ Logistics PCL Debt-to-Equity Related Terms


MPJ Logistics PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for MPJ Logistics 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.

MPJ Logistics PCL Debt-to-Equity Chart

MPJ Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
3.07 3.16 1.70 0.56 0.68

MPJ Logistics PCL Quarterly Data
Dec21 Dec22 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 0.53 0.55 0.59 0.68 0.84

BKK:MPJ vs UPS, FDX, JBHT: Debt-to-Equity Comparison

For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.


MPJ Logistics PCL Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, MPJ Logistics PCL's Debt-to-Equity distribution charts can be found below:

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


BKK:MPJ
13GF Score
MPJ Logistics PCL BKK:MPJ
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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MPJ Logistics PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MPJ Logistics 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 0.84 mean?
MPJ Logistics PCL (BKK:MPJ) has a Debt-to-Equity of 0.84 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MPJ Logistics PCL and its competitors. This is 31% above median its historical median of 0.64. According to the industry distribution chart, MPJ Logistics PCL ranks #584 out of 908 companies in the Transportation industry, placing it in the top 64.3%.
Is MPJ Logistics PCL's Debt-to-Equity too high?
MPJ Logistics PCL's current Debt-to-Equity of 0.84 is 31% above median its 10-year median of 0.64. The Transportation industry median Debt-to-Equity is 0.54. MPJ Logistics PCL's value of 0.84 is 57% above this industry median. Based on the distribution chart, MPJ Logistics PCL ranks #584 out of 908 companies in the Transportation industry, which is below the industry midpoint. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, MPJ Logistics PCL ranks #584 out of 908 companies for Debt-to-Equity. This places MPJ Logistics PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.54. MPJ Logistics PCL's value of 0.84 is 57% above this benchmark. While the company's 10-year median is 0.64 vs. the industry median of 0.54, MPJ Logistics 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 908 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. MPJ Logistics PCL's current Debt-to-Equity of 0.84 is 57% 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 MPJ Logistics PCL and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Debt-to-Equity is 0.84, which is 31% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Debt-to-Equity of 0.84. The current Debt-to-Equity is 0.84, which is 31% above median its 10-year median of 0.64 and 57% above the Transportation industry median of 0.54. MPJ Logistics PCL's overall GF Score™ is 13/100 with 3 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 MPJ Logistics PCL (BKK:MPJ), the current Debt-to-Equity is 0.84 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.

MPJ Logistics PCL Business Description

Address Nong Kham, 244 Moo 5, Sriracha District, Chonburi, THA, 20230
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
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