Tipco Asphalt Public Company Limited - Asset Resilience Ratio
Tipco Asphalt Public Company Limited (TASCO-R) has an Asset Resilience Ratio of 0.72% as of June 2012. 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. Read TASCO-R total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Tipco Asphalt Public Company Limited's Asset Resilience Ratio has changed over time. See shareholders equity of Tipco Asphalt Public Company Limited for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Tipco Asphalt Public Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Tipco Asphalt Public Company Limited stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0% |
| Short-term Investments | ฿119.70 Million | 0.72% |
| Total Liquid Assets | ฿119.70 Million | 0.72% |
Asset Resilience Insights
- Limited Liquidity: Tipco Asphalt Public Company Limited maintains only 0.72% 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.
Tipco Asphalt Public Company Limited Industry Peers by Asset Resilience Ratio
Compare Tipco Asphalt Public Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
JK Cement Limited
NSE:JKCEMENT |
Building Materials | 7.87% |
|
Guangdong Tapai Group Co Ltd
SHE:002233 |
Building Materials | 25.94% |
|
Konya Cimento Sanayi AS
IS:KONYA |
Building Materials | 2.04% |
|
Capstone Holding Corp. Common Stock
NASDAQ:CAPS |
Building Materials | 55.49% |
|
Scheerders van Kerchove's Verenigde fabrieken nv
BR:SCHD |
Building Materials | 0.00% |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA |
Building Materials | 5.62% |
|
Holcim Argentina SA
BA:HARG |
Building Materials | 0.04% |
|
James Hardie Industries Plc
AU:JHX |
Building Materials | 2.49% |
Annual Asset Resilience Ratio for Tipco Asphalt Public Company Limited (2002–2023)
The table below shows the annual Asset Resilience Ratio data for Tipco Asphalt Public Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.80% | ฿189.03 Million ≈ $5.89 Million |
฿23.66 Billion ≈ $737.59 Million |
-1.93pp |
| 2018-12-31 | 2.72% | ฿660.80 Million ≈ $20.60 Million |
฿24.25 Billion ≈ $755.96 Million |
+0.08pp |
| 2016-12-31 | 2.64% | ฿515.64 Million ≈ $16.07 Million |
฿19.50 Billion ≈ $607.88 Million |
-7.29pp |
| 2015-12-31 | 9.93% | ฿1.68 Billion ≈ $52.22 Million |
฿16.87 Billion ≈ $525.80 Million |
+9.45pp |
| 2010-12-31 | 0.48% | ฿52.11 Million ≈ $1.62 Million |
฿10.75 Billion ≈ $335.03 Million |
+0.08pp |
| 2009-12-31 | 0.41% | ฿51.06 Million ≈ $1.59 Million |
฿12.51 Billion ≈ $390.05 Million |
-0.73pp |
| 2008-12-31 | 1.14% | ฿101.80 Million ≈ $3.17 Million |
฿8.92 Billion ≈ $277.88 Million |
+0.50pp |
| 2007-12-31 | 0.64% | ฿44.96 Million ≈ $1.40 Million |
฿7.04 Billion ≈ $219.28 Million |
-0.04pp |
| 2006-12-31 | 0.68% | ฿50.47 Million ≈ $1.57 Million |
฿7.42 Billion ≈ $231.34 Million |
-1.19pp |
| 2005-12-31 | 1.87% | ฿117.46 Million ≈ $3.66 Million |
฿6.27 Billion ≈ $195.34 Million |
+1.04pp |
| 2004-12-31 | 0.83% | ฿41.57 Million ≈ $1.30 Million |
฿4.99 Billion ≈ $155.51 Million |
+0.80pp |
| 2003-12-31 | 0.04% | ฿2.15 Million ≈ $67.00K |
฿5.77 Billion ≈ $180.00 Million |
-0.20pp |
| 2002-12-31 | 0.23% | ฿12.61 Million ≈ $393.09K |
฿5.37 Billion ≈ $167.41 Million |
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About Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more