NL Development PCL (BKK:NL) Liabilities-to-Assets : 0.38 (As of Jun. 2026)

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BKK:NL NL Development PCL BKK:NL
13 GF Score
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What is NL Development PCL Liabilities-to-Assets?

NL Development PCL BKK:NL +1.56% 13 Liabilities-to-Assets is 0.38 as of Jun. 2026. GuruFocus rates BKK:NL with a GF Score™ of 13/100. The stock has 2 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. NL Development PCL's Total Liabilities for the quarter that ended in Jun. 2026 was ฿457 Mil. NL Development PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿1,208 Mil. Therefore, NL Development PCL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.38.


NL Development PCL  (BKK:NL) 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.


NL Development PCL Liabilities-to-Assets Related Terms


NL Development PCL Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for NL Development 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.

NL Development PCL Liabilities-to-Assets Chart

NL Development PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial 0.56 0.58 0.63 0.45 0.43

NL Development PCL Quarterly Data
Sep20 Sep21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.42 0.42 0.43 0.44 0.38

BKK:NL vs PWR, FIX, EME: Liabilities-to-Assets Comparison

For the Engineering & Construction subindustry, NL Development 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.


NL Development PCL Liabilities-to-Assets vs Construction Industry

For the Construction industry and Industrials sector, NL Development PCL's Liabilities-to-Assets distribution charts can be found below:

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


BKK:NL
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NL Development PCL BKK:NL
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NL Development 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.

NL Development 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
=595.88864866/1374.98531375
=0.43

NL Development PCL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=457.24411349/1208.11864783
=0.38

* 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 0.38 mean?
NL Development PCL (BKK:NL) has a Liabilities-to-Assets of 0.38 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on NL Development PCL and its competitors.
Is NL Development PCL's Liabilities-to-Assets too high?
NL Development PCL's current Liabilities-to-Assets is 0.38. Overall, NL Development PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does NL Development PCL's Liabilities-to-Assets compare to PWR and FIX?
NL Development PCL's Liabilities-to-Assets of 0.38 can be compared against companies in the Construction 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 Construction company?
A good Liabilities-to-Assets depends on the Construction 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 NL Development PCL and its competitors. NL Development PCL's current Liabilities-to-Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NL Development PCL stock overvalued right now?
NL Development PCL (BKK:NL) has a current Liabilities-to-Assets of 0.38. The current Liabilities-to-Assets is 0.38. NL Development PCL's overall GF Score™ is 13/100 with 2 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 NL Development PCL (BKK:NL), the current Liabilities-to-Assets is 0.38 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.

NL Development PCL Business Description

Address 417 Ratchawithi Road, Bang Phlat District, Bangkok, THA, 10700
NL Development PCL is engaged in business of contractor and general construction. It provides surveying, design, and construction services for all types of buildings, including the installation of various engineering systems and public infrastructure construction.
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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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