Multibax Public Company Limited (MBAX) - Total Assets
Based on the latest financial reports, Multibax Public Company Limited (MBAX) holds total assets worth ฿1.46 Billion THB (≈ $45.63 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.
Multibax Public Company Limited - Total Assets Trend (2005–2024)
This chart illustrates how Multibax Public Company Limited's total assets have evolved over time, based on quarterly financial data. Also see Multibax Public Company Limited stock valuation for the company's overall valuation and market capitalisation.
Multibax Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Multibax Public Company Limited's total assets of ฿1.46 Billion consist of 53.3% current assets and 46.7% non-current assets. Review total liabilities of Multibax Public Company Limited to assess the company's total debt and financial obligations.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 3.1% |
| Accounts Receivable | ฿338.17 Million | 22.3% |
| Inventory | ฿413.75 Million | 27.3% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿20.99 Million | 1.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Multibax 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. See MBAX stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Multibax Public Company Limited's current assets represent 53.3% of total assets in 2024, an increase from 42.2% in 2005.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 3.6% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 27.3% of total assets.
Multibax Public Company Limited Competitors by Total Assets
Key competitors of Multibax Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Jinfu Technology Co Ltd
SHE:003018
|
China | CN¥3.03 Billion |
|
Suzhou Hycan Holdings Co Ltd
SHE:002787
|
China | CN¥2.98 Billion |
|
Orora Ltd
AU:ORA
|
Australia | AU$4.85 Billion |
|
Metsa Board Oyj B
HE:METSB
|
Finland | €3.06 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.42 Billion |
|
Shandong Lipeng Co Ltd
SHE:002374
|
China | CN¥2.91 Billion |
|
Tonnellerie Francois Freres SA
PA:TFF
|
France | €981.52 Million |
|
Great China Metal Industry Co Ltd
TW:9905
|
Taiwan | NT$11.53 Billion |
Multibax 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 | 0.94 | 0.91 | 0.95 |
| Quick Ratio | 0.54 | 0.42 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-53.08 Million | ฿-64.97 Million | ฿-32.00 Million |
Multibax Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Multibax 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 | 0.65 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | ฿1.52 Billion |
| Market Capitalization | $13.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Multibax Public Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Multibax Public Company Limited's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Multibax Public Company Limited (2005–2024)
The table below shows the annual total assets of Multibax Public Company Limited from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.52 Billion ≈ $47.23 Million |
+9.05% |
| 2023-12-31 | ฿1.39 Billion ≈ $43.31 Million |
-9.49% |
| 2022-12-31 | ฿1.54 Billion ≈ $47.85 Million |
+4.71% |
| 2021-12-31 | ฿1.47 Billion ≈ $45.70 Million |
+1.29% |
| 2020-12-31 | ฿1.45 Billion ≈ $45.12 Million |
+22.93% |
| 2019-12-31 | ฿1.18 Billion ≈ $36.70 Million |
+3.26% |
| 2018-12-31 | ฿1.14 Billion ≈ $35.54 Million |
+4.37% |
| 2017-12-31 | ฿1.09 Billion ≈ $34.06 Million |
+5.73% |
| 2016-12-31 | ฿1.03 Billion ≈ $32.21 Million |
-2.65% |
| 2015-12-31 | ฿1.06 Billion ≈ $33.09 Million |
+0.52% |
| 2014-12-31 | ฿1.06 Billion ≈ $32.92 Million |
+1.37% |
| 2013-12-31 | ฿1.04 Billion ≈ $32.47 Million |
+10.42% |
| 2012-12-31 | ฿943.54 Million ≈ $29.41 Million |
+4.29% |
| 2011-12-31 | ฿904.76 Million ≈ $28.20 Million |
-8.42% |
| 2010-12-31 | ฿987.93 Million ≈ $30.79 Million |
-1.50% |
| 2009-12-31 | ฿1.00 Billion ≈ $31.26 Million |
-5.32% |
| 2008-12-31 | ฿1.06 Billion ≈ $33.02 Million |
-4.29% |
| 2007-12-31 | ฿1.11 Billion ≈ $34.50 Million |
+14.14% |
| 2006-12-31 | ฿969.64 Million ≈ $30.22 Million |
+20.18% |
| 2005-12-31 | ฿806.84 Million ≈ $25.15 Million |
-- |
About Multibax Public Company Limited
Multibax Public Company Limited engages in the manufacture and distribution of polymer bags in Thailand, North America, Australia, Europe, rest of Asia, and internationally. The company offers food packaging bags, garbage bags, bioplastic bags, and green plastic bags products. The company was incorporated in 1995 and is based in Chonburi, Thailand.