Tropical Canning (Thailand) PCL (BKK:TC-R) Equity-to-Asset: 0.62 (As of Jun. 2026) — 11% Below Median

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BKK:TC-R Tropical Canning (Thailand) PCL BKK:TC-R
72 GF Score
Price ฿8.20
GF Value ฿6.69
! 10 Warning Signs
View Full Analysis

What is Tropical Canning (Thailand) PCL Equity-to-Asset?

Tropical Canning (Thailand) PCL BKK:TC-R 72 Equity-to-Asset is 0.62 as of Jun. 2026, which is 11% below its 10-year median of 0.70. GuruFocus rates BKK:TC-R with a GF Score™ of 72/100 and a GF Value™ of ฿6.69. The stock has 10 warning signs investors should review. Among 2,002 Consumer Packaged Goods companies, Tropical Canning (Thailand) PCL ranks better than 62.14% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tropical Canning (Thailand) PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿2,854 Mil. Tropical Canning (Thailand) PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿4,634 Mil. Therefore, Tropical Canning (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.62.

The historical rank and industry rank for Tropical Canning (Thailand) PCL's Equity-to-Asset or its related term are showing as below:

BKK:TC-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.7   Max: 0.8
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Tropical Canning (Thailand) PCL was 0.80. The lowest was 0.60. And the median was 0.70.

BKK:TC-R's Equity-to-Asset is ranked better than
62.14% of 2002 companies
in the Consumer Packaged Goods industry
Industry Median: 0.545 vs BKK:TC-R: 0.62

Tropical Canning (Thailand) PCL  (BKK:TC-R) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Tropical Canning (Thailand) PCL Equity-to-Asset Related Terms


Tropical Canning (Thailand) PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Tropical Canning (Thailand) PCL's Equity-to-Asset 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.

Tropical Canning (Thailand) PCL Equity-to-Asset Chart

Tropical Canning (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.77 0.69 0.65 0.73

Tropical Canning (Thailand) PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.69 0.68 0.73 0.71 0.62

BKK:TC-R vs KHC, GIS: Equity-to-Asset Comparison

For the Packaged Foods subindustry, Tropical Canning (Thailand) PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Tropical Canning (Thailand) PCL Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tropical Canning (Thailand) PCL's Equity-to-Asset falls into.


BKK:TC-R
72GF Score
Tropical Canning (Thailand) PCL BKK:TC-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tropical Canning (Thailand) PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Tropical Canning (Thailand) PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2788.435/3842.066
=0.73

Tropical Canning (Thailand) PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=2854.249/4634.399
=0.62

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.62 mean?
Tropical Canning (Thailand) PCL (BKK:TC-R) has a Equity-to-Asset of 0.62 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tropical Canning (Thailand) PCL and its competitors. This is 11% below median its historical median of 0.70. Over the past decade, Tropical Canning (Thailand) PCL's Equity-to-Asset has ranged from 0.60 to 0.80. According to the industry distribution chart, Tropical Canning (Thailand) PCL ranks #758 out of 2002 companies in the Consumer Packaged Goods industry, placing it in the top 37.9%.
Is Tropical Canning (Thailand) PCL's Equity-to-Asset too high?
Tropical Canning (Thailand) PCL's current Equity-to-Asset of 0.62 is 11% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.80. The Consumer Packaged Goods industry median Equity-to-Asset is 0.55. Tropical Canning (Thailand) PCL's value of 0.62 is 13.8% above this industry median. Based on the distribution chart, Tropical Canning (Thailand) PCL ranks #758 out of 2002 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tropical Canning (Thailand) PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Tropical Canning (Thailand) PCL's Equity-to-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tropical Canning (Thailand) PCL ranks #758 out of 2002 companies for Equity-to-Asset. This puts Tropical Canning (Thailand) PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Tropical Canning (Thailand) PCL's value of 0.62 is 13.8% above this benchmark. Historically, Tropical Canning (Thailand) PCL's own Equity-to-Asset has ranged from 0.60 to 0.80 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.55, Tropical Canning (Thailand) 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 Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 2,002 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tropical Canning (Thailand) PCL's current Equity-to-Asset of 0.62 is 13.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tropical Canning (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropical Canning (Thailand) PCL's current Equity-to-Asset is 0.62, which is 11% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropical Canning (Thailand) PCL stock overvalued right now?
Tropical Canning (Thailand) PCL (BKK:TC-R) has a current Equity-to-Asset of 0.62. The stock's GF Value™ is ฿6.69, compared to a current price of ฿8.20 — trading 22.6% above its estimated fair value. The current Equity-to-Asset is 0.62, which is 11% below median its 10-year median of 0.70 and 13.8% above the Consumer Packaged Goods industry median of 0.55. Tropical Canning (Thailand) PCL's overall GF Score™ is 72/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Tropical Canning (Thailand) PCL (BKK:TC-R), the current Equity-to-Asset is 0.62 as of Jun. 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 Tropical Canning (Thailand) PCL (BKK:TC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL stock appears to be overvalued. The current stock price of ฿8.20 is trading 22.6% above its estimated GF Value™ of ฿6.69.

Key valuation signals for BKK:TC-R:

  • Equity-to-Asset: 0.62 (11% below median its 10-year median of 0.70)
  • GF Value™: ฿6.69 vs. price of ฿8.20 (22.6% above fair value)
  • GF Score™: 72/100 with 10 warning signs
  • Industry Position: 13.8% above the Consumer Packaged Goods median (#758 of 2002)

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


Tropical Canning (Thailand) PCL Business Description

Other Exchanges TC:Thailand
Address 1/1 Moo 2, Thungyai, Hatyai, Songkhla, THA, 90110
Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. Its products are grouped as Domestic product groups, Tuna product group, Ready-to-eat processed product group, and Pet food group. Geographically, it operates in the Asia continent, excluding Thailand, the America continent, the European continent, the Australia continent, the Africa continent, and Thailand. The Asia continent, excluding Thailand segment, derives the majority of the revenue.
72GF Score

Get the complete analysis for BKK:TC-R

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

฿8.20
Price
฿6.69
GF Value