Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Sermsang Power PCL's Total Liabilities for the quarter that ended in Jun. 2026 was ฿20,125 Mil. Sermsang Power PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿28,287 Mil.
Therefore, Sermsang Power PCL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.71.
Sermsang Power PCL (BKK:SSP) 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.
Sermsang Power PCL Liabilities-to-Assets Related Terms
Sermsang Power PCL Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for Sermsang Power 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.
Sermsang Power PCL Liabilities-to-Assets Competitor Comparison
For the Utilities - Renewable subindustry, Sermsang Power 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.
Sermsang Power PCL Liabilities-to-Assets vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Sermsang Power PCL's Liabilities-to-Assets falls into.
Sermsang Power 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.
Sermsang Power 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.
Sermsang Power PCL (BKK:SSP) has a Liabilities-to-Assets of 0.71 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Sermsang Power PCL and its competitors.
Is Sermsang Power PCL's Liabilities-to-Assets too high?
Sermsang Power PCL's current Liabilities-to-Assets is 0.71. Overall, Sermsang Power PCL has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sermsang Power PCL's Liabilities-to-Assets compare to competitors?
Sermsang Power PCL's Liabilities-to-Assets of 0.71 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Liabilities-to-Assets depends on the Utilities - Independent Power Producers 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 Sermsang Power PCL and its competitors. Sermsang Power PCL's current Liabilities-to-Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sermsang Power PCL stock overvalued right now?
Based on GuruFocus' analysis, Sermsang Power PCL (BKK:SSP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.54, compared to a current price of ฿7.60 — trading 37.2% above its estimated fair value. The current Liabilities-to-Assets is 0.71. Sermsang Power PCL's overall GF Score™ is 73/100 with 12 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 Sermsang Power PCL (BKK:SSP), the current Liabilities-to-Assets is 0.71 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.
Is Sermsang Power PCL (BKK:SSP) Overvalued in 2026?
Based on GuruFocus' analysis, Sermsang Power PCL stock appears to be overvalued.
The current stock price of ฿7.60 is trading 37.2% above its estimated GF Value™ of ฿5.54.
GuruFocus considers Sermsang Power PCL to be Significantly Overvalued.
Key valuation signals for BKK:SSP:
Liabilities-to-Assets: 0.71
GF Value™: ฿5.54 vs. price of ฿7.60 (37.2% above fair value)
No single metric tells the full story. See the BKK:SSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sermsang Power Corporation PCL is engaged in investment, consultancy, and the provision of services for energy businesses to related parties. The company's operating segments are the production and distribution of electricity from solar plants, Electricity distribution, and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from biomass, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.
73GF Score
Get the complete analysis for BKK:SSP
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:SSP has been successfully added to your 
