Tipco Asphalt Public Company Limited - Asset Resilience Ratio
Tipco Asphalt Public Company Limited (TASCO) 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 Tipco Asphalt Public Company Limited (TASCO) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Tipco Asphalt Public Company Limited's Asset Resilience Ratio has changed over time. See how much free cash does Tipco Asphalt Public Company Limited generate to measure how efficiently the company converts operating cash flow to free cash.
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 the complete balance sheet picture, see how large is Tipco Asphalt Public Company Limited's balance sheet.
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 |
|---|---|---|
|
Asia Cement Corp
TW:1102 |
Building Materials | 18.56% |
|
Cementos Pacasmayo S.A.A
F:EPCC |
Building Materials | 1.00% |
|
Star Cement Limited
NSE:STARCEMENT |
Building Materials | 0.23% |
|
Lihtai Construction Enterprise Co Ltd
TWO:5520 |
Building Materials | 18.15% |
|
Holcim Argentina SA
BA:HARG |
Building Materials | 0.00% |
|
SG Co. Ltd
KQ:255220 |
Building Materials | 0.59% |
|
Busan Ind
KO:011390 |
Building Materials | 0.40% |
|
SPECO Ltd
KQ:013810 |
Building Materials | 25.62% |
Annual Asset Resilience Ratio for Tipco Asphalt Public Company Limited (2000–2023)
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 |
-5.18pp |
| 2001-12-31 | 5.42% | ฿260.94 Million ≈ $8.13 Million |
฿4.82 Billion ≈ $150.16 Million |
-19.04pp |
| 2000-12-31 | 24.46% | ฿1.63 Billion ≈ $50.88 Million |
฿6.67 Billion ≈ $208.04 Million |
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About Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, manufactures and distributes 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; marine logistics; and construction services re… Read more