Tropical Canning (Thailand) Public Company Limited - Asset Resilience Ratio
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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Tropical Canning (Thailand) Public Company Limited's Asset Resilience Ratio has changed over time. Check Tropical Canning (Thailand) Public Compa PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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 how much is Tropical Canning (Thailand) Public Compa worth.
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 |
|---|---|---|
|
Nestle S.A.
SW:NESN |
Packaged Foods | 4.90% |
|
ORKLA ADR/1 NK 625
F:OKL0 |
Packaged Foods | 1.88% |
|
The Magnum Ice Cream Company N.V.
AS:MICC |
Packaged Foods | 0.11% |
|
Tingyi (Cayman Islands) Holding Corp
F:TYG |
Packaged Foods | 5.13% |
|
Premium Brands Holdings Corporation
TO:PBH |
Packaged Foods | 0.49% |
|
Unibel S.A
PA:UNBL |
Packaged Foods | 0.24% |
|
Bikaji Foods International Limited
NSE:BIKAJI |
Packaged Foods | 1.06% |
|
Namchow Food Group (Shanghai) Co. Ltd.
SHG:605339 |
Packaged Foods | 1.48% |
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 |
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About Tropical Canning (Thailand) Public Company Limited
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