TQM CORPORATION - Asset Resilience Ratio

Latest as of September 2024: 7.34%

TQM CORPORATION (TQM-R) has an Asset Resilience Ratio of 7.34% 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. See TQM-R FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

฿437.98 Million

≈ $13.65 Million USD Cash + Short-term Investments

Total Assets

฿5.96 Billion

≈ $185.89 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how TQM CORPORATION's Asset Resilience Ratio has changed over time. See TQM-R net asset quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down TQM CORPORATION'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 TQM-R stock market capitalisation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	฿0.00	0%
Short-term Investments	฿437.98 Million	7.34%
Total Liquid Assets	฿437.98 Million	7.34%

Asset Resilience Insights

Limited Liquidity: TQM CORPORATION maintains only 7.34% 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.

TQM CORPORATION Industry Peers by Asset Resilience Ratio

Compare TQM CORPORATION's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Steadfast Group Ltd AU:SDF	Insurance Brokers	6.24%
AUB Group Ltd AU:AUB	Insurance Brokers	27.76%
Wiz Soluções e Corretagem de Seguros S.A SA:WIZC3	Insurance Brokers	0.40%
Banvida SN:BANVIDA	Insurance Brokers	0.65%
Aon PLC F:4VK	Insurance Brokers	0.46%
AUB GROUP LTD. F:A5H	Insurance Brokers	0.03%
Fanhua Inc F:4CIA	Insurance Brokers	15.16%
PB Fintech Limited NSE:POLICYBZR	Insurance Brokers	15.57%

Annual Asset Resilience Ratio for TQM CORPORATION (2015–2023)

The table below shows the annual Asset Resilience Ratio data for TQM CORPORATION.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	8.26%	฿450.69 Million ≈ $14.05 Million	฿5.46 Billion ≈ $170.16 Million	+0.20pp
2022-12-31	8.05%	฿394.75 Million ≈ $12.30 Million	฿4.90 Billion ≈ $152.82 Million	-3.21pp
2021-12-31	11.26%	฿499.46 Million ≈ $15.57 Million	฿4.44 Billion ≈ $138.28 Million	+0.39pp
2020-12-31	10.87%	฿538.55 Million ≈ $16.79 Million	฿4.95 Billion ≈ $154.41 Million	-9.67pp
2019-12-31	20.54%	฿874.22 Million ≈ $27.25 Million	฿4.26 Billion ≈ $132.69 Million	-8.75pp
2018-12-31	29.28%	฿1.12 Billion ≈ $34.91 Million	฿3.82 Billion ≈ $119.22 Million	+29.01pp
2017-12-31	0.27%	฿5.20 Million ≈ $161.92K	฿1.91 Billion ≈ $59.42 Million	-1.09pp
2016-12-31	1.36%	฿25.53 Million ≈ $795.62K	฿1.87 Billion ≈ $58.31 Million	+0.10pp
2015-12-31	1.27%	฿25.44 Million ≈ $792.91K	฿2.01 Billion ≈ $62.58 Million	--

pp = percentage points

About TQM CORPORATION

BK:TQM-R Thailand Insurance Brokers

Market Cap

$260.95 Million

฿8.37 Billion THB

Market Cap Rank

#15586 Global

#182 in Thailand

Share Price

฿14.10

Change (1 day)

+1.44%

52-Week Range

฿12.70 - ฿15.60

All Time High

฿87.46