Thai Oil Public Company Limited (TOP) - Total Liabilities

Latest as of December 2025: ฿234.25 Billion THB ≈ $7.30 Billion USD

Based on the latest financial reports, Thai Oil Public Company Limited (TOP) has total liabilities worth ฿234.25 Billion THB (≈ $7.30 Billion USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore TOP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Thai Oil Public Company Limited - Total Liabilities Trend (2003–2025)

This chart illustrates how Thai Oil Public Company Limited's total liabilities have evolved over time, based on quarterly financial data. See Thai Oil Public Company Limited (TOP) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Thai Oil Public Company Limited Competitors by Total Liabilities

The table below lists competitors of Thai Oil Public Company Limited ranked by their total liabilities.

Company	Country	Total Liabilities
Chongqing Zhifei Bio Products SHE:300122	China	CN¥13.38 Billion
BillionToOne, Inc. Class A Common Stock NASDAQ:BLLN	USA	$195.11 Million
Iridium Communications Inc NASDAQ:IRDM	USA	$2.06 Billion
Primoris Services Corporation NYSE:PRIM	USA	$3.02 Billion
Algonquin Power & Utilities Corp TO:AQN	Canada	CA$8.71 Billion
International Bancshares Corporation NASDAQ:IBOC	USA	$13.54 Billion
AAC Technologies Holdings Inc F:A2XN	Germany	€23.27 Billion
MGM China Holdings Limited F:M04	Germany	€26.43 Billion

Liability Composition Analysis (2003–2025)

This chart breaks down Thai Oil Public Company Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see market cap of Thai Oil Public Company Limited.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.44	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	1.36	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.55	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Thai Oil Public Company Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Thai Oil Public Company Limited (2003–2025)

The table below shows the annual total liabilities of Thai Oil Public Company Limited from 2003 to 2025.

Year	Total Liabilities	Change
2025-12-31	฿234.25 Billion ≈ $7.30 Billion	-3.53%
2024-12-31	฿242.83 Billion ≈ $7.57 Billion	-3.52%
2023-12-31	฿251.68 Billion ≈ $7.84 Billion	-11.98%
2022-12-31	฿285.92 Billion ≈ $8.91 Billion	+19.61%
2021-12-31	฿239.05 Billion ≈ $7.45 Billion	+28.47%
2020-12-31	฿186.07 Billion ≈ $5.80 Billion	+16.64%
2019-12-31	฿159.52 Billion ≈ $4.97 Billion	+12.23%
2018-12-31	฿142.14 Billion ≈ $4.43 Billion	+40.79%
2017-12-31	฿100.96 Billion ≈ $3.15 Billion	-4.87%
2016-12-31	฿106.13 Billion ≈ $3.31 Billion	+11.54%
2015-12-31	฿95.16 Billion ≈ $2.97 Billion	-10.03%
2014-12-31	฿105.76 Billion ≈ $3.30 Billion	-6.97%
2013-12-31	฿113.68 Billion ≈ $3.54 Billion	+42.19%
2012-12-31	฿79.95 Billion ≈ $2.49 Billion	+14.13%
2011-12-31	฿70.05 Billion ≈ $2.18 Billion	+0.41%
2010-12-31	฿69.77 Billion ≈ $2.17 Billion	+5.62%
2009-12-31	฿66.06 Billion ≈ $2.06 Billion	-4.63%
2008-12-31	฿69.26 Billion ≈ $2.16 Billion	+6.27%
2007-12-31	฿65.18 Billion ≈ $2.03 Billion	+25.66%
2006-12-31	฿51.87 Billion ≈ $1.62 Billion	-9.50%
2005-12-31	฿57.32 Billion ≈ $1.79 Billion	-7.33%
2004-12-31	฿61.85 Billion ≈ $1.93 Billion	-5.80%
2003-12-31	฿65.66 Billion ≈ $2.05 Billion	--

About Thai Oil Public Company Limited

BK:TOP Thailand Oil & Gas Refining & Marketing

Market Cap

$4.56 Billion

฿146.32 Billion THB

Market Cap Rank

#3746 Global

#25 in Thailand

Share Price

฿65.50

Change (1 day)

+2.75%

52-Week Range

฿30.50 - ฿65.75

All Time High

฿83.44