GULF ENERGY DEVELOPMENT-NVDR
Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company generates electricity through gas-fired, solar, biomass, and wind power projects under the independent power producers and small power producers. It undertakes infrastructure projects; distributes, supplies, and sells natural gas; and operate… Read more
GULF ENERGY DEVELOPMENT-NVDR (GULF-R) - Total Assets
Latest total assets as of September 2024: ฿486.84 Billion THB
Based on the latest financial reports, GULF ENERGY DEVELOPMENT-NVDR (GULF-R) holds total assets worth ฿486.84 Billion THB as of September 2024.
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.
GULF ENERGY DEVELOPMENT-NVDR - Total Assets Trend (2014–2023)
This chart illustrates how GULF ENERGY DEVELOPMENT-NVDR’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GULF ENERGY DEVELOPMENT-NVDR - Asset Composition Analysis
Current Asset Composition (December 2023)
GULF ENERGY DEVELOPMENT-NVDR's total assets of ฿486.84 Billion consist of 15.8% current assets and 84.2% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 8.4% |
| Accounts Receivable | ฿25.92 Billion | 5.6% |
| Inventory | ฿2.96 Billion | 0.6% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿5.84 Billion | 1.3% |
| Goodwill | ฿118.00 Million | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how GULF ENERGY DEVELOPMENT-NVDR'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GULF ENERGY DEVELOPMENT-NVDR's current assets represent 15.8% of total assets in 2023, an increase from 15.8% in 2014.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2023, down from 13.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 5.6% of total assets.
GULF ENERGY DEVELOPMENT-NVDR Competitors by Total Assets
Key competitors of GULF ENERGY DEVELOPMENT-NVDR based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
GULF ENERGY DEVELOPMENT-NVDR - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - GULF ENERGY DEVELOPMENT-NVDR generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, GULF ENERGY DEVELOPMENT-NVDR generates $ 3.23 in net profit.
GULF ENERGY DEVELOPMENT-NVDR - 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 | 1.16 | 1.09 | 2.29 |
| Quick Ratio | 1.12 | 1.06 | 2.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿11.76 Billion | ฿ 7.44 Billion | ฿ 12.61 Billion |
GULF ENERGY DEVELOPMENT-NVDR - Advanced Valuation Insights
This section examines the relationship between GULF ENERGY DEVELOPMENT-NVDR'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 | 5.72 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9.9% |
| Total Assets | ฿459.51 Billion |
| Market Capitalization | $6.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values GULF ENERGY DEVELOPMENT-NVDR's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: GULF ENERGY DEVELOPMENT-NVDR's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for GULF ENERGY DEVELOPMENT-NVDR (2014–2023)
The table below shows the annual total assets of GULF ENERGY DEVELOPMENT-NVDR from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿459.51 Billion | +9.89% |
| 2022-12-31 | ฿418.17 Billion | +15.30% |
| 2021-12-31 | ฿362.67 Billion | +47.68% |
| 2020-12-31 | ฿245.58 Billion | +82.89% |
| 2019-12-31 | ฿134.28 Billion | +8.58% |
| 2018-12-31 | ฿123.67 Billion | +22.87% |
| 2017-12-31 | ฿100.65 Billion | +68.27% |
| 2016-12-31 | ฿59.82 Billion | +187.28% |
| 2015-12-31 | ฿20.82 Billion | +103.05% |
| 2014-12-31 | ฿10.25 Billion | -- |