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. Thai Reinsurance PCL's Total Liabilities for the quarter that ended in Mar. 2026 was ฿2,345 Mil. Thai Reinsurance PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿6,422 Mil.
Therefore, Thai Reinsurance PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.37.
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.
Thai Reinsurance PCL Liabilities-to-Assets Related Terms
Thai Reinsurance PCL Liabilities-to-Assets Historical Data
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The historical data trend for Thai Reinsurance 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.
BKK:THRE-R vs RGA, EG, RNR: Liabilities-to-Assets Comparison
For the Insurance - Reinsurance subindustry, Thai Reinsurance 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.
Thai Reinsurance PCL Liabilities-to-Assets vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Thai Reinsurance PCL's Liabilities-to-Assets falls into.
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.
Thai Reinsurance 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.
Thai Reinsurance PCL (BKK:THRE-R) has a Liabilities-to-Assets of 0.37 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Thai Reinsurance PCL and its competitors.
Is Thai Reinsurance PCL's Liabilities-to-Assets too high?
Thai Reinsurance PCL's current Liabilities-to-Assets is 0.37. Overall, Thai Reinsurance PCL has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Thai Reinsurance PCL's Liabilities-to-Assets compare to RGA and EG?
Thai Reinsurance PCL's Liabilities-to-Assets of 0.37 can be compared against companies in the Insurance 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 Insurance company?
A good Liabilities-to-Assets depends on the Insurance 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 Thai Reinsurance PCL and its competitors. Thai Reinsurance PCL's current Liabilities-to-Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Reinsurance PCL stock overvalued right now?
Thai Reinsurance PCL (BKK:THRE-R) has a current Liabilities-to-Assets of 0.37. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.39 — trading 17% below its estimated fair value. The current Liabilities-to-Assets is 0.37. Thai Reinsurance PCL's overall GF Score™ is 44/100 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 Thai Reinsurance PCL (BKK:THRE-R), the current Liabilities-to-Assets is 0.37 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 Thai Reinsurance PCL (BKK:THRE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Reinsurance PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 17% below its estimated GF Value™ of ฿0.47.
Key valuation signals for BKK:THRE-R:
Liabilities-to-Assets: 0.37
GF Value™: ฿0.47 vs. price of ฿0.39 (17% below fair value)
No single metric tells the full story. See the BKK:THRE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Reinsurance PCL provides reinsurance for non-life businesses diversify risk, including but not limited to property, personal accident, engineering, and marine and cargo risk. The company provides two main types of reinsurance contracts: facultative reinsurance and treaty reinsurance. Its segments include Motor insurance and Non-motor insurance. The majority of the revenue is derived from Non-motor insurance segment. The group operates in Thailand only.
44GF Score
Get the complete analysis for BKK:THRE-R
Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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