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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. Thanachart Capital PCL's Total Liabilities for the quarter that ended in Jun. 2026 was $2,069.0 Mil. Thanachart Capital PCL's Total Assets for the quarter that ended in Jun. 2026 was $4,783.7 Mil.
Therefore, Thanachart Capital PCL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.43.
Thanachart Capital PCL (OTCPK:THNVF) 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.
Thanachart Capital PCL Liabilities-to-Assets Related Terms
Thanachart Capital PCL Liabilities-to-Assets Historical Data
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The historical data trend for Thanachart Capital 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.
Thanachart Capital PCL Liabilities-to-Assets Chart
THNVF vs V, MA, AXP: Liabilities-to-Assets Comparison
For the Credit Services subindustry, Thanachart Capital 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.
Thanachart Capital PCL Liabilities-to-Assets vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Thanachart Capital PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Thanachart Capital PCL's Liabilities-to-Assets falls into.
Thanachart Capital 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.
Thanachart Capital 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.
Thanachart Capital PCL (THNVF) has a Liabilities-to-Assets of 0.43 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Thanachart Capital PCL and its competitors.
Is Thanachart Capital PCL's Liabilities-to-Assets too high?
Thanachart Capital PCL's current Liabilities-to-Assets is 0.43. Overall, Thanachart Capital PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Thanachart Capital PCL's Liabilities-to-Assets compare to V and MA?
Thanachart Capital PCL's Liabilities-to-Assets of 0.43 can be compared against companies in the Credit Services 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 Credit Services company?
A good Liabilities-to-Assets depends on the Credit Services 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 Thanachart Capital PCL and its competitors. Thanachart Capital PCL's current Liabilities-to-Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanachart Capital PCL stock overvalued right now?
Thanachart Capital PCL (THNVF) has a current Liabilities-to-Assets of 0.43. The stock's GF Value™ is $0.68, compared to a current price of $1.08 — trading 58.8% above its estimated fair value. The current Liabilities-to-Assets is 0.43. Thanachart Capital PCL's overall GF Score™ is 50/100 with 6 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 Thanachart Capital PCL (THNVF), the current Liabilities-to-Assets is 0.43 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 Thanachart Capital PCL (THNVF) Overvalued in 2026?
Based on GuruFocus' analysis, Thanachart Capital PCL stock appears to be overvalued.
The current stock price of $1.08 is trading 58.8% above its estimated GF Value™ of $0.68.
Key valuation signals for THNVF:
Liabilities-to-Assets: 0.43
GF Value™: $0.68 vs. price of $1.08 (58.8% above fair value)
No single metric tells the full story. See the THNVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, it operates in different reportable operating business segments such as; non-performing assets management business, securities business, asset management business, leasing and hire purchase business, non-life insurance business, life insurance business, and others. The majority of the company's revenue is generated from its Leasing and Hire purchase business which provides auto hire purchase and financial lease services with a focus on the auto market for new and used cars markets for passenger cars as well as vehicles for commercial purposes, such as pick-ups, taxis, truck tractors and lorries, etc.
50GF Score
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