Thai Airways International Public Company Limited (THAI) - Total Assets
Based on the latest financial reports, Thai Airways International Public Company Limited (THAI) holds total assets worth ฿299.73 Billion THB (≈ $9.34 Billion 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. Check Thai Airways International Public Compan total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Thai Airways International Public Company Limited - Total Assets Trend (2000–2024)
This chart illustrates how Thai Airways International Public Company Limited's total assets have evolved over time, based on quarterly financial data. Explore Thai Airways International Public Compan (THAI) long-term investment share to see how much of total assets are deployed in long-term investments.
Thai Airways International Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Thai Airways International Public Company Limited's total assets of ฿299.73 Billion consist of 46.2% current assets and 53.8% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 28.8% |
| Accounts Receivable | ฿9.02 Billion | 3.1% |
| Inventory | ฿4.00 Billion | 1.4% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿100.52 Million | 0.0% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Thai Airways International 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 cap of Thai Airways International Public Compan.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thai Airways International Public Company Limited's current assets represent 46.2% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 28.8% of total assets in 2024, up from 5.6% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 3.1% of total assets.
Thai Airways International Public Company Limited Competitors by Total Assets
Key competitors of Thai Airways International Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
China | CN¥356.51 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$27.91 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
Thai Airways International 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 | 1.88 | 1.36 | 0.08 |
| Quick Ratio | 1.82 | 1.31 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿67.85 Billion | ฿28.04 Billion | ฿-274.43 Billion |
Thai Airways International Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Thai Airways International 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 | 2.74 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 22.4% |
| Total Assets | ฿292.51 Billion |
| Market Capitalization | $6.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Thai Airways International Public Company Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thai Airways International Public Company Limited's assets grew by 22.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thai Airways International Public Company Limited (2000–2024)
The table below shows the annual total assets of Thai Airways International Public Company Limited from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿292.51 Billion ≈ $9.12 Billion |
+22.39% |
| 2023-12-31 | ฿238.99 Billion ≈ $7.45 Billion |
+20.59% |
| 2022-12-31 | ฿198.18 Billion ≈ $6.18 Billion |
+22.92% |
| 2021-12-31 | ฿161.22 Billion ≈ $5.03 Billion |
-22.78% |
| 2020-12-31 | ฿208.79 Billion ≈ $6.51 Billion |
-18.65% |
| 2019-12-31 | ฿256.67 Billion ≈ $8.00 Billion |
-4.49% |
| 2018-12-31 | ฿268.72 Billion ≈ $8.38 Billion |
-4.29% |
| 2017-12-31 | ฿280.77 Billion ≈ $8.75 Billion |
-0.83% |
| 2016-12-31 | ฿283.12 Billion ≈ $8.82 Billion |
-6.40% |
| 2015-12-31 | ฿302.47 Billion ≈ $9.43 Billion |
-1.56% |
| 2014-12-31 | ฿307.27 Billion ≈ $9.58 Billion |
+0.06% |
| 2013-12-31 | ฿307.08 Billion ≈ $9.57 Billion |
+0.98% |
| 2012-12-31 | ฿304.10 Billion ≈ $9.48 Billion |
+10.80% |
| 2011-12-31 | ฿274.44 Billion ≈ $8.55 Billion |
-6.58% |
| 2010-12-31 | ฿293.76 Billion ≈ $9.16 Billion |
+8.12% |
| 2009-12-31 | ฿271.69 Billion ≈ $8.47 Billion |
+4.69% |
| 2008-12-31 | ฿259.53 Billion ≈ $8.09 Billion |
-4.61% |
| 2007-12-31 | ฿272.09 Billion ≈ $8.48 Billion |
+9.26% |
| 2006-12-31 | ฿249.03 Billion ≈ $7.76 Billion |
+7.51% |
| 2005-12-31 | ฿231.64 Billion ≈ $7.22 Billion |
+19.89% |
| 2004-12-31 | ฿193.21 Billion ≈ $6.02 Billion |
+15.02% |
| 2003-12-31 | ฿167.98 Billion ≈ $5.24 Billion |
-5.85% |
| 2002-12-31 | ฿178.41 Billion ≈ $5.56 Billion |
+3.20% |
| 2001-12-31 | ฿172.88 Billion ≈ $5.39 Billion |
+3.07% |
| 2000-12-31 | ฿167.73 Billion ≈ $5.23 Billion |
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About Thai Airways International Public Company Limited
Thai Airways International Public Company Limited, together with its subsidiaries, engages in the airline business and business units related directly with transportation in Thailand and internationally. It operates through three segments: Air Transportation Activities, Business Units, and Other Activities. The Air Transportation Activities segment provides passenger, freight, and mail services. … Read more