Tropical Canning (Thailand) Public Company Limited - Asset Resilience Ratio

Latest as of June 2024: 3.11%

Tropical Canning (Thailand) Public Company Limited (TC) has an Asset Resilience Ratio of 3.11% 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. Read total liabilities of Tropical Canning (Thailand) Public Compa for a breakdown of total debt and financial obligations.

Liquid Assets

฿129.22 Million
≈ $4.03 Million USD Cash + Short-term Investments

Total Assets

฿4.15 Billion
≈ $129.50 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2023)

This chart shows how Tropical Canning (Thailand) Public Company Limited's Asset Resilience Ratio has changed over time. See TC net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Tropical Canning (Thailand) 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 Tropical Canning (Thailand) Public Compa stock valuation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ฿0.00 0%
Short-term Investments ฿129.22 Million 3.11%
Total Liquid Assets ฿129.22 Million 3.11%

Asset Resilience Insights

  • Limited Liquidity: Tropical Canning (Thailand) Public Company Limited maintains only 3.11% 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.

Tropical Canning (Thailand) Public Company Limited Industry Peers by Asset Resilience Ratio

Compare Tropical Canning (Thailand) Public Company Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
General Mills Inc
NYSE:GIS
Packaged Foods 2.10%
Sam Yang Foods
KO:003230
Packaged Foods 2.26%
Cisarua Mountain Dairy Tbk PT
JK:CMRY
Packaged Foods 26.56%
Nongshim
KO:004370
Packaged Foods 25.27%
Zhejiang Huatong Meat Products Co Ltd
SHE:002840
Packaged Foods 3.78%
V V Food & Beverage Co Ltd
SHG:600300
Packaged Foods 0.01%
Xiangpiaopiao Food Co Ltd
SHG:603711
Packaged Foods 8.98%
Zhongjing Food Co. Ltd.
SHE:300908
Packaged Foods 0.00%

Annual Asset Resilience Ratio for Tropical Canning (Thailand) Public Company Limited (2000–2023)

The table below shows the annual Asset Resilience Ratio data for Tropical Canning (Thailand) Public Company Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 3.73% ฿129.38 Million
≈ $4.03 Million
฿3.47 Billion
≈ $108.21 Million
+3.72pp
2013-12-31 0.01% ฿279.75K
≈ $8.72K
฿2.59 Billion
≈ $80.63 Million
+0.00pp
2012-12-31 0.01% ฿203.28K
≈ $6.34K
฿3.07 Billion
≈ $95.57 Million
+0.00pp
2011-12-31 0.00% ฿117.12K
≈ $3.65K
฿2.46 Billion
≈ $76.70 Million
0.00pp
2010-12-31 0.01% ฿142.00K
≈ $4.43K
฿2.20 Billion
≈ $68.71 Million
+0.00pp
2009-12-31 0.00% ฿61.20K
≈ $1.91K
฿2.20 Billion
≈ $68.72 Million
+0.00pp
2008-12-31 0.00% ฿35.80K
≈ $1.12K
฿2.07 Billion
≈ $64.53 Million
0.00pp
2007-12-31 0.01% ฿116.00K
≈ $3.62K
฿2.05 Billion
≈ $63.88 Million
+0.00pp
2006-12-31 0.01% ฿122.00K
≈ $3.80K
฿2.22 Billion
≈ $69.18 Million
0.00pp
2005-12-31 0.01% ฿200.00K
≈ $6.23K
฿2.14 Billion
≈ $66.67 Million
+0.00pp
2004-12-31 0.01% ฿162.00K
≈ $5.05K
฿2.32 Billion
≈ $72.33 Million
-0.01pp
2003-12-31 0.01% ฿301.00K
≈ $9.38K
฿2.15 Billion
≈ $67.02 Million
+0.01pp
2002-12-31 0.01% ฿144.00K
≈ $4.49K
฿2.03 Billion
≈ $63.33 Million
-0.01pp
2001-12-31 0.01% ฿270.00K
≈ $8.42K
฿2.09 Billion
≈ $65.22 Million
-0.06pp
2000-12-31 0.07% ฿1.37 Million
≈ $42.70K
฿1.87 Billion
≈ $58.30 Million
--
pp = percentage points

About Tropical Canning (Thailand) Public Company Limited

BK:TC Thailand Packaged Foods
Market Cap
$57.60 Million
฿1.85 Billion THB
Market Cap Rank
#21354 Global
#346 in Thailand
Share Price
฿5.60
Change (1 day)
+0.90%
52-Week Range
฿4.92 - ฿5.75
All Time High
฿16.21
About

Tropical Canning (Thailand) Public Company Limited engages in manufacturing and trading of canned and pouched seafood products in Thailand, Australia, rest of Asia, the United States, Africa, and Europe. It offers tuna and canned shellfish products; ready-to-serve processed products, including sardines and mackerel in tomato sauce; ready-to-eat processed tuna and salmon; and canned pet food, whic… Read more