Tipco Asphalt Public Company Limited Total Assets
Tipco Asphalt Public Company Limited total assets. 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. Also see Tipco Asphalt Public Company Limited market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Tipco Asphalt Public Company Limited (2002–2024)
Total assets of Tipco Asphalt Public Company Limited from 2002 to 2024. This chart illustrates how Tipco Asphalt Public Company Limited's total assets have evolved over time, based on quarterly financial data. See TASCO-R stock price and chart for real-time trading data and today's change.
Tipco Asphalt Public Company Limited - Asset Composition Analysis
Tipco Asphalt Public Company Limited Total Assets Breakdown (December 2024)
Tipco Asphalt Public Company Limited total assets breakdown as of 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. Explore how liquid is Tipco Asphalt Public Company Limited's working capital to assess how much short-term liquidity the company maintains relative to its equity base.
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 | Rs185.00 Billion |
|
Corporación Moctezuma S.A.B. de C.V
MX:CMOCTEZ
|
Mexico | MX$20.55 Billion |
|
Wienerberger AG
VI:WIE
|
Austria | €6.26 Billion |
|
Shanghai Yaohua Pilkington Glass Group Co Ltd A
SHG:600819
|
China | CN¥8.46 Billion |
|
WMG Holdings Bhd
KLSE:6378
|
Malaysia | RM360.95 Million |
|
Busan Ind
KO:011390
|
Korea | ₩329.51 Billion |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA
|
Argentina | AR$1.85 Trillion |
|
Holcim Argentina SA
BA:HARG
|
Argentina | AR$1.07 Trillion |
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
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