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. Check Tropical Canning (Thailand) Public Compa (TC) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. See net asset quality index of Tropical Canning (Thailand) Public Compa to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Nestle India Limited
NSE:NESTLEIND |
Packaged Foods | 1.07% |
|
Inner Mongolia Yili Industrial Group Co Ltd
SHG:600887 |
Packaged Foods | 0.19% |
|
Saputo Inc
TO:SAP |
Packaged Foods | 3.36% |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895 |
Packaged Foods | 2.23% |
|
Orkla ASA
OL:ORK |
Packaged Foods | 4.19% |
|
Hanil Feed Co. Ltd
KQ:005860 |
Packaged Foods | 7.00% |
|
Lotus Bakeries
BR:LOTB |
Packaged Foods | 2.28% |
|
The a2 Milk Company Ltd
AU:A2M |
Packaged Foods | 24.93% |
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