TOIPF (Thai Oil PCL) LT-Debt-to-Total-Asset: 0.23 (As of Mar. 2026)

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

Thai Oil PCL TOIPF 76 LT-Debt-to-Total-Asset is 0.23 as of Mar. 2026. GuruFocus rates TOIPF with a GF Score™ of 76/100 and a GF Value™ of $1.85 (Significantly Undervalued). 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. Thai Oil PCL's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.23.

Thai Oil PCL's long-term debt to total assets ratio declined from Mar. 2025 (0.40) to Mar. 2026 (0.23). It may suggest that Thai Oil PCL is progressively becoming less dependent on debt to grow their business.

Thai Oil PCL (OTCPK:TOIPF) 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 Oil PCL LT-Debt-to-Total-Asset Related Terms

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

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The historical data trend for Thai Oil 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 Oil PCL LT-Debt-to-Total-Asset Chart

Thai Oil PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.53

0.39

0.40

0.30

Thai Oil PCL Quarterly Data
	Jun21	Sep21	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															0.40	0.35	0.33	0.30	0.23

76GF Score

Thai Oil PCL TOIPF

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

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

Thai Oil 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 )
	=	4069.132	/	13532.346
	=	0.30

Thai Oil 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 )
	=	3278.833	/	14574.248
	=	0.22

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

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

Thai Oil PCL (TOIPF) 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 Thai Oil PCL and its competitors.

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

Thai Oil PCL's current LT-Debt-to-Total-Asset is 0.23. Overall, Thai Oil PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Thai Oil PCL's LT-Debt-to-Total-Asset compare to VLO and MPC?

Thai Oil 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 Thai Oil PCL and its competitors. Thai Oil 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 Thai Oil PCL stock overvalued right now?

Based on GuruFocus' analysis, Thai Oil PCL (TOIPF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.85, compared to a current price of $1.25 — trading 32.4% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.23. Thai Oil PCL's overall GF Score™ is 76/100 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 Thai Oil PCL (TOIPF), 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 Thai Oil PCL (TOIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Oil PCL stock appears to be undervalued. The current stock price of $1.25 is trading 32.4% below its estimated GF Value™ of $1.85. GuruFocus considers Thai Oil PCL to be Significantly Undervalued.

Key valuation signals for TOIPF:

LT-Debt-to-Total-Asset: 0.23
GF Value™: $1.85 vs. price of $1.25 (32.4% below fair value)
GF Score™: 76/100 with 3 warning signs

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

Thai Oil PCL Business Description

Industry Energy Oil & Gas

Comparable Companies BKK:OR BKK:BCP BKK:IRPC BKK:SPRC BKK:SGP BKK:ATLAS BKK:SEAOIL BKK:SUSCO BKK:PTC NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ OHEL:NESTE TSE:5020 NSE:IOC TPE:6505 XKRX:096770 BOM:500547

Other Exchanges TOIPY:USA TOP-F:Thailand TOP:Thailand LQZ:Germany

Address Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900

Website https://www.thaioilgroup.com

Thai Oil PCL operates an integrated business in oil refining and petrochemicals business. The company is engaged in oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. It operates in the following reportable segments: Oil refinery, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. The majority of the company's revenue is derived from the Oil refinery segment. Geographically, it generates the maximum revenue from Thailand, followed by Indonesia and other countries.

76GF 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.

$1.25

Price

$1.85

GF Value

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