Thai Parcels PCL (BKK:TPL) LT-Debt-to-Total-Asset: 0.19 (As of Mar. 2026)

What is Thai Parcels PCL LT-Debt-to-Total-Asset?

Thai Parcels PCL BKK:TPL -1.85% 31 LT-Debt-to-Total-Asset is 0.19 as of Mar. 2026. GuruFocus rates BKK:TPL with a GF Score™ of 31/100 and a GF Value™ of ฿0.74 (Modestly Undervalued). The stock has 5 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. Thai Parcels PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.19.

Thai Parcels PCL's long-term debt to total assets ratio increased from Mar. 2025 (0.05) to Mar. 2026 (0.19). It may suggest that Thai Parcels PCL is progressively becoming more dependent on debt to grow their business.

Thai Parcels PCL (BKK:TPL) 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.

Thai Parcels PCL LT-Debt-to-Total-Asset Related Terms

Thai Parcels PCL LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Thai Parcels 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.

Thai Parcels PCL LT-Debt-to-Total-Asset Chart

Thai Parcels PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

0.15

0.14

0.07

0.05

0.17

Thai Parcels PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.05	0.06	0.28	0.17	0.19

31GF Score

Thai Parcels PCL BKK:TPL

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Thai Parcels PCL LT-Debt-to-Total-Asset Calculation

Thai Parcels 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 )
	=	488.66	/	2813.196
	=	0.17

Thai Parcels 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 )
	=	529.961	/	2784.594
	=	0.19

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

What does a LT-Debt-to-Total-Asset of 0.19 mean?

Thai Parcels PCL (BKK:TPL) has a LT-Debt-to-Total-Asset of 0.19 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 Thai Parcels PCL and its competitors.

Is Thai Parcels PCL's LT-Debt-to-Total-Asset too high?

Thai Parcels PCL's current LT-Debt-to-Total-Asset is 0.19. Overall, Thai Parcels PCL has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Thai Parcels PCL's LT-Debt-to-Total-Asset compare to UPS and FDX?

Thai Parcels PCL's LT-Debt-to-Total-Asset of 0.19 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 LT-Debt-to-Total-Asset for a Transportation company?

A good LT-Debt-to-Total-Asset depends on the Transportation 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 Thai Parcels PCL and its competitors. Thai Parcels PCL's current LT-Debt-to-Total-Asset is 0.19. 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 ฿0.74, compared to a current price of ฿0.53 — trading 28.4% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.19. Thai Parcels PCL's overall GF Score™ is 31/100 with 5 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 Thai Parcels PCL (BKK:TPL), the current LT-Debt-to-Total-Asset is 0.19 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 Parcels PCL (BKK:TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued. The current stock price of ฿0.53 is trading 28.4% below its estimated GF Value™ of ฿0.74. GuruFocus considers Thai Parcels PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPL:

LT-Debt-to-Total-Asset: 0.19
GF Value™: ฿0.74 vs. price of ฿0.53 (28.4% below fair value)
GF Score™: 31/100 with 5 warning signs

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 Business Description

Industry Industrials Transportation

Comparable Companies BKK:SONIC BKK:SINO BKK:MPJ BKK:LEO BKK:WICE BKK:B BKK:ETL BKK:NCL BKK:III BKK:ANI UPS FDX XTER:DHL OCSE:DSV XSWX:KNIN JBHT SZSE:002352 FDXF CHRW EXPD

Address 1018, Luang Phaeng Road, Thap Yao Sub-district, Lat Krabang District, Bangkok, THA, 10520

Website https://www.thaiparcels.com

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.

31GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.53

Price

฿0.74

GF Value

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