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Techlead Next PCLBKK:TL +5.00%33 Debt-to-Equity is 0.04 as of Mar. 2026. GuruFocus rates BKK:TL with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 2,246 Software companies, Techlead Next PCL ranks better than 81.26% 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 Techlead Next PCL's Debt-to-Equity or its related term are showing as below:
BKK:TL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.07
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of Techlead Next PCL was 0.07. The lowest was 0.00. And the median was 0.00.
BKK:TL's Debt-to-Equity is ranked better than 81.26% of 2246
companies
in the Software industry
Industry Median: 0.19
vs BKK:TL: 0.04
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.
Techlead Next PCL Debt-to-Equity Related Terms
Techlead Next PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Techlead Next 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:TL vs MSFT, ORCL, PLTR: Debt-to-Equity Comparison
For the Software - Infrastructure subindustry, Techlead Next 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.
Techlead Next PCL Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Techlead Next PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Techlead Next 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.
Techlead Next PCL (BKK:TL) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Techlead Next PCL and its competitors. According to the industry distribution chart, Techlead Next PCL ranks #421 out of 2246 companies in the Software industry, placing it in the top 18.7%.
Is Techlead Next PCL's Debt-to-Equity too high?
Techlead Next PCL's current Debt-to-Equity is 0.04. The Software industry median Debt-to-Equity is 0.19. Techlead Next PCL's value of 0.04 is 78.9% below this industry median. Based on the distribution chart, Techlead Next PCL ranks #421 out of 2246 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Techlead Next PCL has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Techlead Next PCL's Debt-to-Equity compare to MSFT and ORCL?
According to the Software industry distribution chart, Techlead Next PCL ranks #421 out of 2246 companies for Debt-to-Equity. This places Techlead Next PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.19. Techlead Next PCL's value of 0.04 is 78.9% below this benchmark. 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 2,246 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. Techlead Next PCL's current Debt-to-Equity of 0.04 is 78.9% 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 Techlead Next 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. Techlead Next PCL's current Debt-to-Equity is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techlead Next PCL stock overvalued right now?
Techlead Next PCL (BKK:TL) has a current Debt-to-Equity of 0.04. The current Debt-to-Equity is 0.04 and 78.9% below the Software industry median of 0.19. Techlead Next PCL's overall GF Score™ is 33/100 with 2 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 Techlead Next PCL (BKK:TL), the current Debt-to-Equity is 0.04 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.
Techlead Next PCL operates as a provider of diverse technology solutions, offering a range of services including secure online payment systems (Payment Gateway) that connect buyers and sellers. It also offers digital media communication services for brand engagement and develops customized campaigns and software solutions tailored to different industry requirements.
33GF Score
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