Thoresen Thai Agencies Public Company Limited - Asset Resilience Ratio
Thoresen Thai Agencies Public Company Limited (TTA-R) has an Asset Resilience Ratio of 1.72% as of June 2025. 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 TTA-R liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Thoresen Thai Agencies Public Company Limited's Asset Resilience Ratio has changed over time. See Thoresen Thai Agencies Public Company Li net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Thoresen Thai Agencies 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 TTA-R market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0% |
| Short-term Investments | ฿840.97 Million | 1.72% |
| Total Liquid Assets | ฿840.97 Million | 1.72% |
Asset Resilience Insights
- Limited Liquidity: Thoresen Thai Agencies Public Company Limited maintains only 1.72% 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.
Thoresen Thai Agencies Public Company Limited Industry Peers by Asset Resilience Ratio
Compare Thoresen Thai Agencies Public Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiangsu Guotai International Group Guomao Co Ltd
SHE:002091 |
Conglomerates | 23.53% |
|
Zhejiang Shenghua Biok Biology Co Ltd
SHG:600226 |
Conglomerates | 1.68% |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576 |
Conglomerates | 5.33% |
|
SBC Exports Limited
NSE:SBC |
Conglomerates | 4.12% |
|
Idsud S.A
PA:ALIDS |
Conglomerates | 31.77% |
|
Carlos Casado
BA:CADO |
Conglomerates | 0.14% |
|
Webac Holding AG
F:RKB |
Conglomerates | 0.22% |
|
Pampa Energia SA
BA:PAMP |
Conglomerates | 7.54% |
Annual Asset Resilience Ratio for Thoresen Thai Agencies Public Company Limited (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Thoresen Thai Agencies Public Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 2.43% | ฿1.21 Billion ≈ $37.87 Million |
฿50.03 Billion ≈ $1.56 Billion |
-0.30pp |
| 2023-12-31 | 2.73% | ฿1.17 Billion ≈ $36.51 Million |
฿42.97 Billion ≈ $1.34 Billion |
-1.16pp |
| 2022-12-31 | 3.89% | ฿1.62 Billion ≈ $50.43 Million |
฿41.59 Billion ≈ $1.30 Billion |
-4.28pp |
| 2021-12-31 | 8.17% | ฿3.18 Billion ≈ $99.19 Million |
฿38.95 Billion ≈ $1.21 Billion |
-2.18pp |
| 2020-12-31 | 10.35% | ฿3.21 Billion ≈ $100.11 Million |
฿31.03 Billion ≈ $967.15 Million |
+2.24pp |
| 2019-12-31 | 8.11% | ฿2.72 Billion ≈ $84.64 Million |
฿33.47 Billion ≈ $1.04 Billion |
+1.54pp |
| 2018-12-31 | 6.57% | ฿2.44 Billion ≈ $76.01 Million |
฿37.11 Billion ≈ $1.16 Billion |
+0.70pp |
| 2017-12-31 | 5.88% | ฿2.09 Billion ≈ $65.17 Million |
฿35.58 Billion ≈ $1.11 Billion |
-3.05pp |
| 2016-12-31 | 8.93% | ฿3.72 Billion ≈ $115.82 Million |
฿41.62 Billion ≈ $1.30 Billion |
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About Thoresen Thai Agencies Public Company Limited
Thoresen Thai Agencies Public Company Limited, together with its subsidiaries, operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania. The company operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. It owns dry bulk vessels and provides shipping services, such as hauling a range of dry and break-bulk commodit… Read more