Tipco Asphalt Public Company Limited (TASCO-R) - Total Assets

Latest as of June 2025: ฿23.70 Billion THB ≈ $738.83 Million USD

Based on the latest financial reports, Tipco Asphalt Public Company Limited (TASCO-R) holds total assets worth ฿23.70 Billion THB (≈ $738.83 Million USD) as of June 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 Tipco Asphalt Public Company Limited book value and equity for net asset value and shareholders' equity analysis.

Tipco Asphalt Public Company Limited - Total Assets Trend (2002–2024)

This chart illustrates how Tipco Asphalt Public Company Limited's total assets have evolved over time, based on quarterly financial data.

Tipco Asphalt Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

Tipco Asphalt Public Company Limited's total assets of ฿23.70 Billion consist of 62.7% current assets and 37.3% non-current assets.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 7.8%
Accounts Receivable ฿5.82 Billion 24.5%
Inventory ฿5.93 Billion 24.9%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿105.10 Million 0.4%
Goodwill ฿195.93 Million 0.8%

Asset Composition Trend (2002–2024)

This chart illustrates how Tipco Asphalt 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 market value of Tipco Asphalt Public Company Limited.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Tipco Asphalt Public Company Limited's current assets represent 62.7% of total assets in 2024, a decrease from 73.6% in 2002.
  • Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 0.6% in 2002.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
  • Asset Diversification: The largest asset category is inventory at 24.9% of total assets.

Tipco Asphalt Public Company Limited Competitors by Total Assets

Key competitors of Tipco Asphalt Public Company Limited based on total assets are shown below.

Company Country Total Assets
JK Cement Limited
NSE:JKCEMENT
India Rs178.89 Billion
Guangdong Tapai Group Co Ltd
SHE:002233
China CN¥13.43 Billion
Konya Cimento Sanayi AS
IS:KONYA
Turkey TL4.61 Billion
Capstone Holding Corp. Common Stock
NASDAQ:CAPS
USA $58.48 Million
Scheerders van Kerchove's Verenigde fabrieken nv
BR:SCHD
Belgium €44.98 Million
Loma Negra Compania Industrial Argentina SA
BA:LOMA
Argentina AR$1.85 Trillion
Holcim Argentina SA
BA:HARG
Argentina AR$960.54 Billion
James Hardie Industries Plc
AU:JHX
Australia AU$13.80 Billion

Tipco Asphalt 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 1.95 1.87 1.55
Quick Ratio 1.08 1.10 0.96
Cash Ratio 0.00 0.00 0.00
Working Capital ฿7.37 Billion ฿6.94 Billion ฿4.62 Billion

Tipco Asphalt Public Company Limited - Advanced Valuation Insights

This section examines the relationship between Tipco Asphalt 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 1.51
Latest Market Cap to Assets Ratio 0.03
Asset Growth Rate (YoY) 0.5%
Total Assets ฿23.79 Billion
Market Capitalization $737.94 Million USD

Valuation Analysis

Below Book Valuation: The market values Tipco Asphalt Public Company Limited's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Tipco Asphalt Public Company Limited's assets grew by 0.5% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Tipco Asphalt Public Company Limited (2002–2024)

The table below shows the annual total assets of Tipco Asphalt Public Company Limited from 2002 to 2024.

Year Total Assets Change
2024-12-31 ฿23.79 Billion
≈ $741.48 Million
+0.53%
2023-12-31 ฿23.66 Billion
≈ $737.59 Million
-9.88%
2022-12-31 ฿26.26 Billion
≈ $818.41 Million
+5.87%
2021-12-31 ฿24.80 Billion
≈ $773.02 Million
+16.25%
2020-12-31 ฿21.33 Billion
≈ $664.98 Million
-15.55%
2019-12-31 ฿25.26 Billion
≈ $787.39 Million
+4.16%
2018-12-31 ฿24.25 Billion
≈ $755.96 Million
+24.30%
2017-12-31 ฿19.51 Billion
≈ $608.19 Million
+0.05%
2016-12-31 ฿19.50 Billion
≈ $607.88 Million
+15.61%
2015-12-31 ฿16.87 Billion
≈ $525.80 Million
+11.38%
2014-12-31 ฿15.15 Billion
≈ $472.06 Million
-25.30%
2013-12-31 ฿20.27 Billion
≈ $631.91 Million
+8.59%
2012-12-31 ฿18.67 Billion
≈ $581.92 Million
+20.29%
2011-12-31 ฿15.52 Billion
≈ $483.76 Million
+44.40%
2010-12-31 ฿10.75 Billion
≈ $335.03 Million
-14.11%
2009-12-31 ฿12.51 Billion
≈ $390.05 Million
+40.36%
2008-12-31 ฿8.92 Billion
≈ $277.88 Million
+26.72%
2007-12-31 ฿7.04 Billion
≈ $219.28 Million
-5.21%
2006-12-31 ฿7.42 Billion
≈ $231.34 Million
+18.43%
2005-12-31 ฿6.27 Billion
≈ $195.34 Million
+25.61%
2004-12-31 ฿4.99 Billion
≈ $155.51 Million
-13.61%
2003-12-31 ฿5.77 Billion
≈ $180.00 Million
+7.52%
2002-12-31 ฿5.37 Billion
≈ $167.41 Million
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About Tipco Asphalt Public Company Limited

BK:TASCO-R Thailand Building Materials
Market Cap
$737.94 Million
฿23.68 Billion THB
Market Cap Rank
#10562 Global
#95 in Thailand
Share Price
฿15.00
Change (1 day)
-1.32%
52-Week Range
฿13.20 - ฿15.60
All Time High
฿28.75
About

Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more