Ramkhamhaeng Hospital PCL (BKK:RAM) Debt-to-Equity: 0.81 (As of Mar. 2026) — 42% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BKK:RAM Ramkhamhaeng Hospital PCL BKK:RAM
77 GF Score
Price ฿17.90
GF Value ฿45.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ramkhamhaeng Hospital PCL Debt-to-Equity?

Ramkhamhaeng Hospital PCL BKK:RAM -0.56% 77 Debt-to-Equity is 0.81 as of Mar. 2026, which is 42% above its 10-year median of 0.57. GuruFocus rates BKK:RAM with a GF Score™ of 77/100 and a GF Value™ of ฿45.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 559 Healthcare Providers & Services companies, Ramkhamhaeng Hospital PCL ranks worse than 68.52% on this metric.

Ramkhamhaeng Hospital PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿12,682 Mil. Ramkhamhaeng Hospital PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿5,231 Mil. Ramkhamhaeng Hospital PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿22,201 Mil. Ramkhamhaeng Hospital PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.81.

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

BKK:RAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.57   Max: 0.91
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of Ramkhamhaeng Hospital PCL was 0.91. The lowest was 0.09. And the median was 0.57.

BKK:RAM's Debt-to-Equity is ranked worse than
68.52% of 559 companies
in the Healthcare Providers & Services industry
Industry Median: 0.41 vs BKK:RAM: 0.81

Ramkhamhaeng Hospital PCL  (BKK:RAM) 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.


Ramkhamhaeng Hospital PCL Debt-to-Equity Related Terms


Ramkhamhaeng Hospital PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ramkhamhaeng Hospital 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.

Ramkhamhaeng Hospital PCL Debt-to-Equity Chart

Ramkhamhaeng Hospital 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 0.52 0.55 0.59 0.62 0.84

Ramkhamhaeng Hospital 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 0.59 0.56 0.91 0.84 0.81

BKK:RAM vs HCA, THC, DVA: Debt-to-Equity Comparison

For the Medical Care Facilities subindustry, Ramkhamhaeng Hospital 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.


Ramkhamhaeng Hospital PCL Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramkhamhaeng Hospital PCL's Debt-to-Equity distribution charts can be found below:

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


BKK:RAM
77GF Score
Ramkhamhaeng Hospital PCL BKK:RAM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramkhamhaeng Hospital PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ramkhamhaeng Hospital 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 0.81 mean?
Ramkhamhaeng Hospital PCL (BKK:RAM) has a Debt-to-Equity of 0.81 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ramkhamhaeng Hospital PCL and its competitors. This is 42% above median its historical median of 0.57. Over the past decade, Ramkhamhaeng Hospital PCL's Debt-to-Equity has ranged from 0.09 to 0.91. According to the industry distribution chart, Ramkhamhaeng Hospital PCL ranks #383 out of 559 companies in the Healthcare Providers & Services industry, placing it in the top 68.5%.
Is Ramkhamhaeng Hospital PCL's Debt-to-Equity too high?
Ramkhamhaeng Hospital PCL's current Debt-to-Equity of 0.81 is 42% above median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.91. The Healthcare Providers & Services industry median Debt-to-Equity is 0.41. Ramkhamhaeng Hospital PCL's value of 0.81 is 97.6% above this industry median. Based on the distribution chart, Ramkhamhaeng Hospital PCL ranks #383 out of 559 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Ramkhamhaeng Hospital PCL has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ramkhamhaeng Hospital PCL's Debt-to-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramkhamhaeng Hospital PCL ranks #383 out of 559 companies for Debt-to-Equity. This places Ramkhamhaeng Hospital PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Ramkhamhaeng Hospital PCL's value of 0.81 is 97.6% above this benchmark. Historically, Ramkhamhaeng Hospital PCL's own Debt-to-Equity has ranged from 0.09 to 0.91 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.41, Ramkhamhaeng Hospital 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 Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.41, based on 559 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. Ramkhamhaeng Hospital PCL's current Debt-to-Equity of 0.81 is 97.6% 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 Ramkhamhaeng Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkhamhaeng Hospital PCL's current Debt-to-Equity is 0.81, which is 42% above median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkhamhaeng Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL (BKK:RAM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿45.41, compared to a current price of ฿17.90 — trading 60.6% below its estimated fair value. The current Debt-to-Equity is 0.81, which is 42% above median its 10-year median of 0.57 and 97.6% above the Healthcare Providers & Services industry median of 0.41. Ramkhamhaeng Hospital PCL's overall GF Score™ is 77/100 with 6 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 Ramkhamhaeng Hospital PCL (BKK:RAM), the current Debt-to-Equity is 0.81 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.

Is Ramkhamhaeng Hospital PCL (BKK:RAM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL stock appears to be undervalued. The current stock price of ฿17.90 is trading 60.6% below its estimated GF Value™ of ฿45.41. GuruFocus considers Ramkhamhaeng Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:RAM:

  • Debt-to-Equity: 0.81 (42% above median its 10-year median of 0.57)
  • GF Value™: ฿45.41 vs. price of ฿17.90 (60.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 97.6% above the Healthcare Providers & Services median (#383 of 559)

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


Ramkhamhaeng Hospital PCL Business Description

Address 436 Ramkhamhaeng Road, Kwaeng Huamark, Khet Bangkapi, Bangkok, THA, 10240
Ramkhamhaeng Hospital PCL business activities are hospital and businesses that support medical care. The company provides medical treatment for all types of diseases by physicians and medical professionals in all specialties. Its medical services include the 24-hour Heart Center, RAM Pituitary Center for laparoscopic surgery for pituitary tumors, Neurology & Neurosurgery Center, and specialized medical centers such as Eye Clinic, Ear, Nose and Throat Clinic, Gastroenterology Clinic, Obstetrics and Gynecology Clinic, and Diabetes Clinic. The company operates through two segments: Hospital, which includes General Hospital and Hospital in Social Security and generates the maximum revenue; and Others, which includes sale of medical equipment and instruments. Its operations are in Thailand.
77GF Score

Get the complete analysis for BKK:RAM

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

฿17.90
Price
฿45.41
GF Value