Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. ASN Broker PCL's Total Liabilities for the quarter that ended in Mar. 2026 was ฿231.2 Mil. ASN Broker PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿524.7 Mil.
Therefore, ASN Broker PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.44.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
ASN Broker PCL Liabilities-to-Assets Related Terms
ASN Broker PCL Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for ASN Broker PCL's Liabilities-to-Assets 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:ASN-R vs MRSH, AON, AJG: Liabilities-to-Assets Comparison
For the Insurance Brokers subindustry, ASN Broker PCL's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.
ASN Broker PCL Liabilities-to-Assets vs Insurance Industry
For the Insurance industry and Financial Services sector, ASN Broker PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where ASN Broker PCL's Liabilities-to-Assets falls into.
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
ASN Broker PCL's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 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.
ASN Broker PCL (BKK:ASN-R) has a Liabilities-to-Assets of 0.44 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on ASN Broker PCL and its competitors.
Is ASN Broker PCL's Liabilities-to-Assets too high?
ASN Broker PCL's current Liabilities-to-Assets is 0.44. Overall, ASN Broker PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does ASN Broker PCL's Liabilities-to-Assets compare to MRSH and AON?
ASN Broker PCL's Liabilities-to-Assets of 0.44 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Insurance company?
A good Liabilities-to-Assets depends on the Insurance industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on ASN Broker PCL and its competitors. ASN Broker PCL's current Liabilities-to-Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASN Broker PCL stock overvalued right now?
ASN Broker PCL (BKK:ASN-R) has a current Liabilities-to-Assets of 0.44. The stock's GF Value™ is ฿1.52, compared to a current price of ฿0.68 — trading 55.3% below its estimated fair value. The current Liabilities-to-Assets is 0.44. ASN Broker PCL's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For ASN Broker PCL (BKK:ASN-R), the current Liabilities-to-Assets is 0.44 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 ASN Broker PCL (BKK:ASN-R) Overvalued in 2026?
Based on GuruFocus' analysis, ASN Broker PCL stock appears to be undervalued.
The current stock price of ฿0.68 is trading 55.3% below its estimated GF Value™ of ฿1.52.
Key valuation signals for BKK:ASN-R:
Liabilities-to-Assets: 0.44
GF Value™: ฿1.52 vs. price of ฿0.68 (55.3% below fair value)
No single metric tells the full story. See the BKK:ASN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASN Broker PCL is a Thailand-based company operating as a direct non-life insurance broker, mainly focusing on selling automobile insurance products. It has also expanded into the personal loan, title loan, and hire purchase business under the name ASN Finance. The Group's reportable segments are: Insurance Broker, Peer-to-peer lending platform, and Loan. Maximum revenue is generated from the Insurance Broker segment, which includes non-life insurance brokers and life insurance broker services. The Loan segment includes lending services through title loans and hire purchase. The Group is managed and operates principally in Thailand.
55GF Score
Get the complete analysis for BKK:ASN-R
Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:ASN-R has been successfully added to your 
