Forth Smart Service Public Company Limited (FSMART) - Total Assets
Based on the latest financial reports, Forth Smart Service Public Company Limited (FSMART) holds total assets worth ฿3.52 Billion THB (≈ $109.58 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See FSMART book value for net asset value and shareholders' equity analysis.
Forth Smart Service Public Company Limited - Total Assets Trend (2012–2024)
This chart illustrates how Forth Smart Service Public Company Limited's total assets have evolved over time, based on quarterly financial data.
Forth Smart Service Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Forth Smart Service Public Company Limited's total assets of ฿3.52 Billion consist of 53.6% current assets and 46.4% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 7.2% |
| Accounts Receivable | ฿1.32 Billion | 40.3% |
| Inventory | ฿79.05 Million | 2.4% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿52.54 Million | 1.6% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Forth Smart Service Public Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FSMART stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forth Smart Service Public Company Limited's current assets represent 53.6% of total assets in 2024, an increase from 38.3% in 2012.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, up from 6.2% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 40.3% of total assets.
Forth Smart Service Public Company Limited Competitors by Total Assets
Key competitors of Forth Smart Service Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ovzon AB
ST:OVZON
|
Sweden | Skr2.82 Billion |
|
1&1 AG
XETRA:1U1
|
Germany | €8.55 Billion |
|
Indosat Tbk
JK:ISAT
|
Indonesia | Rp113.73 Trillion |
|
NOVA Technology Corporation Limited
SHE:300921
|
China | CN¥949.46 Million |
|
Desktop - Sigmanet Comunicação Multimídia S.A.
SA:DESK3
|
Brazil | R$3.73 Billion |
|
Unifique Telecomunicações S.A.
SA:FIQE3
|
Brazil | R$2.61 Billion |
|
Telecomunicações Brasileiras S.A. - TELEBRÁS
SA:TELB3
|
Brazil | R$4.23 Billion |
|
Telecom Argentina
BA:TECO2
|
Argentina | AR$16.62 Trillion |
Forth Smart Service Public Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.01 | 0.89 | 0.73 |
| Quick Ratio | 0.98 | 0.85 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿26.10 Million | ฿-199.00 Million | ฿-586.25 Million |
Forth Smart Service Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Forth Smart Service Public Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.50 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 20.3% |
| Total Assets | ฿3.29 Billion |
| Market Capitalization | $157.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forth Smart Service Public Company Limited's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Forth Smart Service Public Company Limited's assets grew by 20.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forth Smart Service Public Company Limited (2012–2024)
The table below shows the annual total assets of Forth Smart Service Public Company Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.29 Billion ≈ $102.60 Million |
+20.25% |
| 2023-12-31 | ฿2.74 Billion ≈ $85.32 Million |
-3.44% |
| 2022-12-31 | ฿2.83 Billion ≈ $88.36 Million |
-3.49% |
| 2021-12-31 | ฿2.94 Billion ≈ $91.55 Million |
-14.96% |
| 2020-12-31 | ฿3.45 Billion ≈ $107.66 Million |
-1.88% |
| 2019-12-31 | ฿3.52 Billion ≈ $109.72 Million |
-10.11% |
| 2018-12-31 | ฿3.92 Billion ≈ $122.06 Million |
-8.08% |
| 2017-12-31 | ฿4.26 Billion ≈ $132.79 Million |
+33.79% |
| 2016-12-31 | ฿3.18 Billion ≈ $99.26 Million |
+42.34% |
| 2015-12-31 | ฿2.24 Billion ≈ $69.73 Million |
+25.36% |
| 2014-12-31 | ฿1.78 Billion ≈ $55.63 Million |
+57.37% |
| 2013-12-31 | ฿1.13 Billion ≈ $35.35 Million |
+23.96% |
| 2012-12-31 | ฿914.88 Million ≈ $28.52 Million |
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About Forth Smart Service Public Company Limited
Forth Smart Service Public Company Limited, together with its subsidiaries, provides prepaid mobile top-up services in Thailand. The company operates through two segments, Top up machine and Lending. It renders money transfer, online payment receival, and advertising services through online top-up machines, as well as provides services relating to online top-up machines and distributes goods. In … Read more