Planet Communications Asia Public Company Limited
Planet Communications Asia Public Company Limited engages in the distribution, installation, maintenance, and servicing of telecommunication equipment in Thailand, the United States, Cambodia, Laos, Bangladesh, Malaysia, and Republic of the Union of Myanmar. It operates in three segments: Sale of Products and Solution, Services, and Service Providers. The company offers the NextGen meeting room, … Read more
Planet Communications Asia Public Company Limited - Asset Resilience Ratio
Planet Communications Asia Public Company Limited (PLANET) has an Asset Resilience Ratio of 2.48% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Planet Communications Asia Public Company Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Planet Communications Asia Public Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0% |
| Short-term Investments | ฿32.54 Million | 2.48% |
| Total Liquid Assets | ฿32.54 Million | 2.48% |
Asset Resilience Insights
- Limited Liquidity: Planet Communications Asia Public Company Limited maintains only 2.48% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Planet Communications Asia Public Company Limited Industry Peers by Asset Resilience Ratio
Compare Planet Communications Asia Public Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Gaon Cable
KO:000500 |
Communication Equipment | 3.75% |
|
Addsino Co Ltd
SHE:000547 |
Communication Equipment | 0.61% |
|
Sichuan Huiyuan Optical Com
SHE:000586 |
Communication Equipment | 0.35% |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669 |
Communication Equipment | 0.05% |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801 |
Communication Equipment | 1.86% |
|
Skyworth Digital Co Ltd
SHE:000810 |
Communication Equipment | 1.40% |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851 |
Communication Equipment | 0.73% |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052 |
Communication Equipment | -13.53% |
Annual Asset Resilience Ratio for Planet Communications Asia Public Company Limited (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Planet Communications Asia Public Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 5.26% | ฿67.52 Million | ฿1.28 Billion | +3.75pp |
| 2019-12-31 | 1.51% | ฿13.50 Million | ฿893.86 Million | -- |