Techno Medical Public Company Limited
Techno Medical Public Company Limited, together with its subsidiaries, engages in trading of medical supplies, tools, and equipment in Thailand. The company operates through three segments: Sales of Disposable Equipment and Supplies; Sales of Medical Equipment and Instrument; and Services Relating to Nursing Care. It also engages in the provision of nursing-care services; and wholesale trading of… Read more
Techno Medical Public Company Limited - Asset Resilience Ratio
Techno Medical Public Company Limited (TM) has an Asset Resilience Ratio of 3.31% as of September 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 (2015–2023)
This chart shows how Techno Medical Public Company Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Techno Medical Public Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0% |
| Short-term Investments | ฿30.73 Million | 3.31% |
| Total Liquid Assets | ฿30.73 Million | 3.31% |
Asset Resilience Insights
- Limited Liquidity: Techno Medical Public Company Limited maintains only 3.31% 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.
Techno Medical Public Company Limited Industry Peers by Asset Resilience Ratio
Compare Techno Medical Public Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
C.Q. Pharmaceutical Holding Co Ltd
SHE:000950 |
Medical Distribution | 0.00% |
|
Shenzhen Glory Medical Co Ltd
SHE:002551 |
Medical Distribution | 10.46% |
|
Shandong Realcan Pharmaceutical Co Ltd
SHE:002589 |
Medical Distribution | -4.18% |
|
Hanmi Science
KO:008930 |
Medical Distribution | 0.06% |
|
BCM Alliance Bhd
KLSE:0187 |
Medical Distribution | 17.12% |
|
Qingdao Baheal Medical INC.
SHE:301015 |
Medical Distribution | 3.50% |
|
Excelsior Medical Co Ltd
TW:4104 |
Medical Distribution | 3.70% |
|
CHC Healthcare Group
TW:4164 |
Medical Distribution | 0.46% |
Annual Asset Resilience Ratio for Techno Medical Public Company Limited (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Techno Medical Public Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | ฿1.00 | ฿983.34 Million | -6.44pp |
| 2019-12-31 | 6.44% | ฿50.20 Million | ฿779.97 Million | +5.24pp |
| 2017-12-31 | 1.20% | ฿8.49 Million | ฿709.69 Million | -19.51pp |
| 2015-12-31 | 20.70% | ฿108.07 Million | ฿521.99 Million | -- |