Netbay PCL (BKK:NETBAY) Liabilities-to-Assets : 0.26 (As of Mar. 2026)


BKK:NETBAY Netbay PCL BKK:NETBAY
83 GF Score
Price ฿11.70
GF Value ฿21.41
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL Liabilities-to-Assets?

Netbay PCL BKK:NETBAY +2.63% 83 Liabilities-to-Assets is 0.26 as of Mar. 2026. GuruFocus rates BKK:NETBAY with a GF Score™ of 83/100 and a GF Value™ of ฿21.41 (Significantly Undervalued). The stock has 3 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. Netbay PCL's Total Liabilities for the quarter that ended in Mar. 2026 was ฿192.3 Mil. Netbay PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿730.2 Mil. Therefore, Netbay PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.26.


Netbay PCL  (BKK:NETBAY) 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.


Netbay PCL Liabilities-to-Assets Related Terms


Netbay PCL Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Netbay 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.

Netbay PCL Liabilities-to-Assets Chart

Netbay 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 0.25 0.27 0.29 0.28 0.30

Netbay 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 0.26 0.34 0.31 0.30 0.26

BKK:NETBAY vs UBER, SHOP, CRM: Liabilities-to-Assets Comparison

For the Software - Application subindustry, Netbay 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.


Netbay PCL Liabilities-to-Assets vs Software Industry

For the Software industry and Technology sector, Netbay PCL's Liabilities-to-Assets distribution charts can be found below:

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


BKK:NETBAY
83GF Score
Netbay PCL BKK:NETBAY
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Netbay 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.

Netbay 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
=217.005/721.252
=0.30

Netbay 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
=192.286/730.193
=0.26

* 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 0.26 mean?
Netbay PCL (BKK:NETBAY) has a Liabilities-to-Assets of 0.26 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Netbay PCL and its competitors.
Is Netbay PCL's Liabilities-to-Assets too high?
Netbay PCL's current Liabilities-to-Assets is 0.26. Overall, Netbay PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's Liabilities-to-Assets compare to UBER and SHOP?
Netbay PCL's Liabilities-to-Assets of 0.26 can be compared against companies in the Software 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 Software company?
A good Liabilities-to-Assets depends on the Software 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 Netbay PCL and its competitors. Netbay PCL's current Liabilities-to-Assets is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.41, compared to a current price of ฿11.70 — trading 45.4% below its estimated fair value. The current Liabilities-to-Assets is 0.26. Netbay PCL's overall GF Score™ is 83/100 with 3 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 Netbay PCL (BKK:NETBAY), the current Liabilities-to-Assets is 0.26 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued. The current stock price of ฿11.70 is trading 45.4% below its estimated GF Value™ of ฿21.41. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • Liabilities-to-Assets: 0.26
  • GF Value™: ฿21.41 vs. price of ฿11.70 (45.4% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Netbay PCL Business Description

Address No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
83GF Score

Get the complete analysis for BKK:NETBAY

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

฿11.70
Price
฿21.41
GF Value