Millcon Steel PCL (BKK:MILL-R) Liabilities-to-Assets : 0.98 (As of Sep. 2025)


What is Millcon Steel PCL Liabilities-to-Assets?

Millcon Steel PCL BKK:MILL-R Liabilities-to-Assets is 0.98 as of Sep. 2025. The stock has 8 warning signs investors should review.

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. Millcon Steel PCL's Total Liabilities for the quarter that ended in Sep. 2025 was ฿15,377 Mil. Millcon Steel PCL's Total Assets for the quarter that ended in Sep. 2025 was ฿15,766 Mil. Therefore, Millcon Steel PCL's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2025 was 0.98.

Millcon Steel PCL  (BKK:MILL-R) Liabilities-to-Assets Explanation

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.

Millcon Steel PCL Liabilities-to-Assets Related Terms

Millcon Steel PCL Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Liabilities-to-Assets Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.69 0.67 0.66 0.67

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
Liabilities-to-Assets 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 0.76 0.90 0.96 0.97 0.98

BKK:MILL-R vs NUE, STLD, RS: Liabilities-to-Assets Comparison

For the Steel subindustry, Millcon Steel 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.

Millcon Steel PCL Liabilities-to-Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Millcon Steel PCL's Liabilities-to-Assets falls into.


Millcon Steel PCL Liabilities-to-Assets Calculation

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.

Millcon Steel PCL's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=14130.087/20949.952
=0.67

Millcon Steel PCL's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2025 is calculated as

Liabilities-to-Assets (Q: Sep. 2025 )=Total Liabilities/Total Assets
=15376.645/15766.165
=0.98

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.98 mean?
Millcon Steel PCL (BKK:MILL-R) has a Liabilities-to-Assets of 0.98 as of Sep. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Millcon Steel PCL and its competitors.
Is Millcon Steel PCL's Liabilities-to-Assets too high?
Millcon Steel PCL's current Liabilities-to-Assets is 0.98.
How does Millcon Steel PCL's Liabilities-to-Assets compare to NUE and STLD?
Millcon Steel PCL's Liabilities-to-Assets of 0.98 can be compared against companies in the Steel 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 a Steel company?
A good Liabilities-to-Assets depends on the Steel 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 Millcon Steel PCL and its competitors. Millcon Steel PCL's current Liabilities-to-Assets is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Liabilities-to-Assets of 0.98. The current Liabilities-to-Assets is 0.98. 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 Millcon Steel PCL (BKK:MILL-R), the current Liabilities-to-Assets is 0.98 as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.