SPT X PCL (BKK:SPTX-R) Debt-to-Equity: 0.03 (As of Mar. 2026) — 25% Below Median


What is SPT X PCL Debt-to-Equity?

SPT X PCL BKK:SPTX-R Debt-to-Equity is 0.03 as of Mar. 2026, which is 25% below its 10-year median of 0.04. The stock has 2 warning signs investors should review. Among 2,239 Software companies, SPT X PCL ranks better than 86.02% on this metric.

SPT X PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿25.2 Mil. SPT X PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿11.3 Mil. SPT X PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿1,129.3 Mil. SPT X PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

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

BKK:SPTX-R' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 17.64
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of SPT X PCL was 17.64. The lowest was 0.00. And the median was 0.04.

BKK:SPTX-R's Debt-to-Equity is ranked better than
86.02% of 2239 companies
in the Software industry
Industry Median: 0.19 vs BKK:SPTX-R: 0.03

SPT X PCL  (BKK:SPTX-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.


SPT X PCL Debt-to-Equity Related Terms


SPT X PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SPT X 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.

SPT X PCL Debt-to-Equity Chart

SPT X 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 0.07 0.02 0.04 0.05 0.03

SPT X 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 0.05 0.05 0.07 0.03 0.03

BKK:SPTX-R vs UBER, SHOP, CRM: Debt-to-Equity Comparison

For the Software - Application subindustry, SPT X 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.


SPT X PCL Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, SPT X PCL's Debt-to-Equity distribution charts can be found below:

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



SPT X PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

SPT X 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 0.03 mean?
SPT X PCL (BKK:SPTX-R) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SPT X PCL and its competitors. This is 25% below median its historical median of 0.04. According to the industry distribution chart, SPT X PCL ranks #313 out of 2239 companies in the Software industry, placing it in the top 14%.
Is SPT X PCL's Debt-to-Equity too high?
SPT X PCL's current Debt-to-Equity of 0.03 is 25% below median its 10-year median of 0.04. The Software industry median Debt-to-Equity is 0.19. SPT X PCL's value of 0.03 is 84.2% below this industry median. Based on the distribution chart, SPT X PCL ranks #313 out of 2239 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does SPT X PCL's Debt-to-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, SPT X PCL ranks #313 out of 2239 companies for Debt-to-Equity. This places SPT X PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.19. SPT X PCL's value of 0.03 is 84.2% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.19, SPT X PCL has consistently been below 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,239 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. SPT X PCL's current Debt-to-Equity of 0.03 is 84.2% below 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 SPT X PCL and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPT X PCL's current Debt-to-Equity is 0.03, which is 25% below median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPT X PCL stock overvalued right now?
SPT X PCL (BKK:SPTX-R) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 25% below median its 10-year median of 0.04 and 84.2% below the Software industry median of 0.19. 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 SPT X PCL (BKK:SPTX-R), the current Debt-to-Equity is 0.03 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.

SPT X PCL Business Description

Other Exchanges SPTX:Thailand
Address Rama 4 Road, 944 Samyan Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
SPT X PCL, formerly known as News Network Corp PCL, engages in the business activities of the securities business. The principal business of the Company is investing in securities business and investment learning academy. The various segment of the company includes segment of investing in securities business and academy business; segment of Securities which includes the securities brokerage for investment units and securities brokerage and derivatives brokerage and segment of investment learning academy related to securities, derivatives, and other, and selling books related to invest.