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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 Parcels PCL's Total Liabilities for the quarter that ended in Jun. 2026 was ฿1,195 Mil. Thai Parcels PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿2,881 Mil.
Therefore, Thai Parcels PCL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.42.
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 Parcels PCL Liabilities-to-Assets Related Terms
Thai Parcels PCL Liabilities-to-Assets Historical Data
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The historical data trend for Thai Parcels 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:TPL vs UPS, FDX, EXPD: Liabilities-to-Assets Comparison
For the Integrated Freight & Logistics subindustry, Thai Parcels 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 Parcels PCL Liabilities-to-Assets vs Transportation Industry
For the Transportation industry and Industrials sector, Thai Parcels PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Thai Parcels 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 Parcels 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 Parcels PCL (BKK:TPL) has a Liabilities-to-Assets of 0.42 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Thai Parcels PCL and its competitors.
Is Thai Parcels PCL's Liabilities-to-Assets too high?
Thai Parcels PCL's current Liabilities-to-Assets is 0.42. Overall, Thai Parcels PCL has a GF Score™ of 27/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Parcels PCL's Liabilities-to-Assets compare to UPS and FDX?
Thai Parcels PCL's Liabilities-to-Assets of 0.42 can be compared against companies in the Transportation 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 Transportation company?
A good Liabilities-to-Assets depends on the Transportation 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 Parcels PCL and its competitors. Thai Parcels PCL's current Liabilities-to-Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Parcels PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Parcels PCL (BKK:TPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.56, compared to a current price of ฿0.47 — trading 16.1% below its estimated fair value. The current Liabilities-to-Assets is 0.42. Thai Parcels PCL's overall GF Score™ is 27/100 with 4 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 Parcels PCL (BKK:TPL), the current Liabilities-to-Assets is 0.42 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 Thai Parcels PCL (BKK:TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued.
The current stock price of ฿0.47 is trading 16.1% below its estimated GF Value™ of ฿0.56.
GuruFocus considers Thai Parcels PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPL:
Liabilities-to-Assets: 0.42
GF Value™: ฿0.56 vs. price of ฿0.47 (16.1% below fair value)
No single metric tells the full story. See the BKK:TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Parcels PCL is engaged in the provision of freight transportation, cargo handling, and warehousing services. The Group also provides various forms of passenger transportation services catering to both industrial and tourism sectors. Its segments include the core business of transportation and handling services for goods, as well as warehousing, which generates the maximum revenue. In addition, the Company provides various types of non-scheduled passenger transportation services specifically focused on the tourism sector, as well as non-scheduled passenger transportation services that cater exclusively to the industrial sector. The Company operates in Thailand only.
27GF Score
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