Pilatus Marine PCL (BKK:PLT) LT-Debt-to-Total-Asset: 0.23 (As of Mar. 2026)

What is Pilatus Marine PCL LT-Debt-to-Total-Asset?

Pilatus Marine PCL BKK:PLT -1.85% 32 LT-Debt-to-Total-Asset is 0.23 as of Mar. 2026. GuruFocus rates BKK:PLT with a GF Score™ of 32/100 and a GF Value™ of ฿0.91 (Possible Value Trap). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Pilatus Marine PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.23.

Pilatus Marine PCL's long-term debt to total assets ratio declined from Mar. 2025 (0.29) to Mar. 2026 (0.23). It may suggest that Pilatus Marine PCL is progressively becoming less dependent on debt to grow their business.

Pilatus Marine PCL (BKK:PLT) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Pilatus Marine PCL LT-Debt-to-Total-Asset Related Terms

Pilatus Marine PCL LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Pilatus Marine PCL's LT-Debt-to-Total-Asset 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.

Pilatus Marine PCL LT-Debt-to-Total-Asset Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

0.21

0.19

0.21

0.30

0.24

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.29	0.27	0.26	0.24	0.23

32GF Score

Pilatus Marine PCL BKK:PLT

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Pilatus Marine PCL LT-Debt-to-Total-Asset Calculation

Pilatus Marine PCL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	404.233	/	1668.561
	=	0.24

Pilatus Marine PCL's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	373.941	/	1648.461
	=	0.23

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.23 mean?

Pilatus Marine PCL (BKK:PLT) has a LT-Debt-to-Total-Asset of 0.23 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pilatus Marine PCL and its competitors.

Is Pilatus Marine PCL's LT-Debt-to-Total-Asset too high?

Pilatus Marine PCL's current LT-Debt-to-Total-Asset is 0.23. Overall, Pilatus Marine PCL has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Pilatus Marine PCL's LT-Debt-to-Total-Asset compare to WMB and EPD?

Pilatus Marine PCL's LT-Debt-to-Total-Asset of 0.23 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pilatus Marine PCL and its competitors. Pilatus Marine PCL's current LT-Debt-to-Total-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pilatus Marine PCL stock overvalued right now?

Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.53 — trading 41.8% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.23. Pilatus Marine PCL's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Pilatus Marine PCL (BKK:PLT), the current LT-Debt-to-Total-Asset is 0.23 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued. The current stock price of ฿0.53 is trading 41.8% below its estimated GF Value™ of ฿0.91. GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.

Key valuation signals for BKK:PLT:

LT-Debt-to-Total-Asset: 0.23
GF Value™: ฿0.91 vs. price of ฿0.53 (41.8% below fair value)
GF Score™: 32/100 with 3 warning signs

No single metric tells the full story. See the BKK:PLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pilatus Marine PCL Business Description

Industry Energy Oil & Gas

Comparable Companies BKK:PSTC TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG CQP TSX:PPL VG SHSE:601872 WES PAA DTM HKSE:01138 TSX:KEY

Address At 84/1-4, Soi Phahon Yothin 37, Young Place Grand Le Jardin Building, 1st-4th Floors, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.

32GF Score

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฿0.53

Price

฿0.91

GF Value

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