Maybank Securities (Thailand) PCL (BKK:MST-R) Liabilities-to-Assets : 0.72 (As of Mar. 2026)


BKK:MST-R Maybank Securities (Thailand) PCL BKK:MST-R
58 GF Score
Price ฿6.85
GF Value ฿6.33
! 7 Warning Signs
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What is Maybank Securities (Thailand) PCL Liabilities-to-Assets?

Maybank Securities (Thailand) PCL BKK:MST-R 58 Liabilities-to-Assets is 0.72 as of Mar. 2026. GuruFocus rates BKK:MST-R with a GF Score™ of 58/100 and a GF Value™ of ฿6.33. The stock has 7 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. Maybank Securities (Thailand) PCL's Total Liabilities for the quarter that ended in Mar. 2026 was ฿13,619 Mil. Maybank Securities (Thailand) PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿18,874 Mil. Therefore, Maybank Securities (Thailand) PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.72.


Maybank Securities (Thailand) PCL  (BKK:MST-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.


Maybank Securities (Thailand) PCL Liabilities-to-Assets Related Terms


Maybank Securities (Thailand) PCL Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL Liabilities-to-Assets Chart

Maybank Securities (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.79 0.76 0.74 0.66

Maybank Securities (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.73 0.68 0.63 0.66 0.72

BKK:MST-R vs MS, GS, SCHW: Liabilities-to-Assets Comparison

For the Capital Markets subindustry, Maybank Securities (Thailand) 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.


Maybank Securities (Thailand) PCL Liabilities-to-Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Maybank Securities (Thailand) PCL's Liabilities-to-Assets falls into.


BKK:MST-R
58GF Score
Maybank Securities (Thailand) PCL BKK:MST-R
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Maybank Securities (Thailand) 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.

Maybank Securities (Thailand) PCL's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=9723.643/14803.555
=0.66

Maybank Securities (Thailand) PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=13618.671/18874.313
=0.72

* 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 0.72 mean?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a Liabilities-to-Assets of 0.72 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Maybank Securities (Thailand) PCL and its competitors.
Is Maybank Securities (Thailand) PCL's Liabilities-to-Assets too high?
Maybank Securities (Thailand) PCL's current Liabilities-to-Assets is 0.72. Overall, Maybank Securities (Thailand) PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Maybank Securities (Thailand) PCL's Liabilities-to-Assets compare to MS and GS?
Maybank Securities (Thailand) PCL's Liabilities-to-Assets of 0.72 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Liabilities-to-Assets depends on the Capital Markets 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 Maybank Securities (Thailand) PCL and its competitors. Maybank Securities (Thailand) PCL's current Liabilities-to-Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maybank Securities (Thailand) PCL stock overvalued right now?
Maybank Securities (Thailand) PCL (BKK:MST-R) has a current Liabilities-to-Assets of 0.72. The stock's GF Value™ is ฿6.33, compared to a current price of ฿6.85 — trading 8.2% above its estimated fair value. The current Liabilities-to-Assets is 0.72. Maybank Securities (Thailand) PCL's overall GF Score™ is 58/100 with 7 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 Maybank Securities (Thailand) PCL (BKK:MST-R), the current Liabilities-to-Assets is 0.72 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 Maybank Securities (Thailand) PCL (BKK:MST-R) Overvalued in 2026?

Based on GuruFocus' analysis, Maybank Securities (Thailand) PCL stock appears to be overvalued. The current stock price of ฿6.85 is trading 8.2% above its estimated GF Value™ of ฿6.33.

Key valuation signals for BKK:MST-R:

  • Liabilities-to-Assets: 0.72
  • GF Value™: ฿6.33 vs. price of ฿6.85 (8.2% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Maybank Securities (Thailand) PCL Business Description

Other Exchanges MST:Thailand
Address Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which also generates key revenue, provides services like securities brokering, derivative brokering, securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing and lending, and corporate finance advisory services.
58GF Score

Get the complete analysis for BKK:MST-R

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

฿6.85
Price
฿6.33
GF Value