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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 Rayon PCL's Total Liabilities for the quarter that ended in Mar. 2026 was $204.4 Mil. Thai Rayon PCL's Total Assets for the quarter that ended in Mar. 2026 was $1,004.8 Mil.
Therefore, Thai Rayon PCL's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.20.
Thai Rayon PCL (OTCPK:TRAYF) 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.
Thai Rayon PCL Liabilities-to-Assets Related Terms
Thai Rayon PCL Liabilities-to-Assets Historical Data
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The historical data trend for Thai Rayon 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.
Thai Rayon PCL Liabilities-to-Assets Competitor Comparison
For the Textile Manufacturing subindustry, Thai Rayon 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 Rayon PCL Liabilities-to-Assets vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thai Rayon PCL's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Thai Rayon 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 Rayon PCL's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 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 Rayon PCL (TRAYF) has a Liabilities-to-Assets of 0.20 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Thai Rayon PCL and its competitors.
Is Thai Rayon PCL's Liabilities-to-Assets too high?
Thai Rayon PCL's current Liabilities-to-Assets is 0.20. Overall, Thai Rayon PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rayon PCL's Liabilities-to-Assets compare to competitors?
Thai Rayon PCL's Liabilities-to-Assets of 0.20 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Liabilities-to-Assets depends on the Manufacturing - Apparel & Accessories 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 Rayon PCL and its competitors. Thai Rayon PCL's current Liabilities-to-Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rayon PCL stock overvalued right now?
Thai Rayon PCL (TRAYF) has a current Liabilities-to-Assets of 0.20. The stock's GF Value™ is $2.77, compared to a current price of $1.70 — trading 38.6% below its estimated fair value. The current Liabilities-to-Assets is 0.20. Thai Rayon PCL's overall GF Score™ is 12/100 with 5 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 Rayon PCL (TRAYF), the current Liabilities-to-Assets is 0.20 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 Rayon PCL (TRAYF) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued.
The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.
Key valuation signals for TRAYF:
Liabilities-to-Assets: 0.20
GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
No single metric tells the full story. See the TRAYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
12GF Score
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