Gulf Energy Development PCL

Gulf Energy Development PCL Net Debt

The Net Debt of Gulf Energy Development PCL (GULF.BK) as of Oct 31, 2026 is 310.33 B THB. In the previous year, Net Debt was 281.92 B THB — a change of 10.08% (higher).

Net Debt

310.33 BTHB

YoY

10.08%

Last updated:

Net Debt of Gulf Energy Development PCL is 2025 310.33 B THB. Net Debt of Gulf Energy Development PCL was 2024 281.92 B THB. It decreases by 10.08% higher compared to the previous year.

The Gulf Energy Development PCL Net Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt
Date
Net Debt
Jan 1, 2018
52.80 B THB
Jan 1, 2019
62.76 B THB
Jan 1, 2020
125.50 B THB
Jan 1, 2021
201.40 B THB
Jan 1, 2022
208.24 B THB
Jan 1, 2023
244.36 B THB
Jan 1, 2024
281.92 B THB
Jan 1, 2025
310.33 B THB
The Gulf Energy Development PCL Net Debt history
YEARNet DebtYoY
310.33 BTHB+10.08%
281.92 BTHB+15.37%
244.36 BTHB+17.35%
208.24 BTHB+3.39%
201.40 BTHB+60.48%
125.50 BTHB+99.97%
62.76 BTHB+18.86%
52.80 BTHB+47.14%
35.88 BTHB-23.87%
47.14 BTHB+201.00%
15.66 BTHB+229.23%
4.76 BTHB—

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Gulf Energy Development PCL Stock analysis

What does Gulf Energy Development PCL do? Gulf Energy Development PCL is a leading energy provider in Thailand that has continuously grown since its establishment in 2011. However, the beginnings of this company started as early as 1995 when it contributed to the development of power plants as part of a larger conglomerate. The business model of Gulf Energy Development PCL aims not only at the generation and sale of electricity but also at the improvement and expansion of energy infrastructure in Thailand. The company focuses on environmentally friendly and sustainable energy production. Gulf Energy Development PCL is divided into three business segments: energy generation, energy infrastructure, and energy services. In energy generation, the company develops and operates both conventional and renewable energy projects such as coal-fired power plants, gas-fired power plants, solar parks, and wind farms. In the field of energy infrastructure, Gulf Energy Development PCL invests in the development and expansion of energy infrastructure, such as electrical transmission and distribution networks, as well as gas pipelines. In the energy services segment, the company specializes in energy-efficient solutions. This includes the planning, installation, and maintenance of energy efficiency and energy-saving programs, including associated building management services. Gulf Energy Development PCL also offers customized solutions as part of its products. The company provides tailored energy projects that are designed to meet the specific needs and requirements of customers. This includes energy management solutions aimed at optimizing the energy consumption of businesses and public institutions. Gulf Energy Development PCL is one of the leading players in the Thai energy industry with comprehensive expertise in energy generation and infrastructure, as well as energy services. The company aims to further expand its position as a leading energy provider in Thailand and solidify its role as a driving force in the development of sustainable energy infrastructure. Gulf Energy Development PCL is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Gulf Energy Development PCL stock

Net Debt of Gulf Energy Development PCL is 310.33 B THB in 2025.

Net Debt of Gulf Energy Development PCL changed from 281.92 B THB to 310.33 B THB, representing a 10.08% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt Gulf Energy Development PCL since 2006 – with annual values, charts, and detailed analysis.

Net debt is total debt minus cash and cash equivalents. It shows the actual debt burden after accounting for available liquid resources.

Net Debt's THB is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Net Debt's Gulf Energy Development PCL historically and in real time.

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Balance Sheet — Gulf Energy Development PCL

All Key Metrics — Gulf Energy Development PCL