Thanulux Public Company Limited (TNL) - Total Assets

Latest as of September 2025: ฿15.57 Billion THB ≈ $485.25 Million USD

Based on the latest financial reports, Thanulux Public Company Limited (TNL) holds total assets worth ฿15.57 Billion THB (≈ $485.25 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. Explore Thanulux Public Company Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.

Thanulux Public Company Limited - Total Assets Trend (2000–2024)

This chart illustrates how Thanulux Public Company Limited's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Thanulux Public Company Limited for net asset value and shareholders' equity analysis.

Thanulux Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

Thanulux Public Company Limited's total assets of ฿15.57 Billion consist of 53.4% current assets and 46.6% non-current assets.

Asset Category	Amount (THB)	% of Total Assets
Cash & Equivalents	฿0.00	10.5%
Accounts Receivable	฿5.94 Billion	42.7%
Inventory	฿0.00	0.0%
Property, Plant & Equipment	฿0.00	0.0%
Intangible Assets	฿9.08 Million	0.1%
Goodwill	฿693.53 Million	5.0%

Asset Composition Trend (2000–2024)

This chart illustrates how Thanulux 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 TNL market cap.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: Thanulux Public Company Limited's current assets represent 53.4% of total assets in 2024, an increase from 0.0% in 2000.
Cash Position: Cash and equivalents constituted 10.5% of total assets in 2024, up from 3.5% in 2000.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2000.
Asset Diversification: The largest asset category is accounts receivable at 42.7% of total assets.

Thanulux Public Company Limited Competitors by Total Assets

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

Company	Country	Total Assets
Liberty Financial Group AU:LFG	Australia	AU$16.37 Billion
GENERALFINANCE SPA F:VG30	Germany	€842.14 Million
Michlol Finance Ltd TA:MCLL	Israel	ILA2.13 Billion
TRUFIN PLC F:29U	Germany	€62.34 Million
Industrial Investment Trust Limited NSE:IITL	India	Rs4.45 Billion
Wisr Ltd AU:WZR	Australia	AU$1.02 Billion
Investment Friends Capital SE WAR:IFC	Poland	zł3.94 Million
Yolo SA WAR:YOL	Poland	zł206.00K

Thanulux 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	7.28	4.69	6.32
Quick Ratio	7.28	4.69	4.76
Cash Ratio	0.00	0.00	0.00
Working Capital	฿6.85 Billion	฿4.91 Billion	฿1.13 Billion

Thanulux Public Company Limited - Advanced Valuation Insights

This section examines the relationship between Thanulux 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	0.66
Latest Market Cap to Assets Ratio	0.01
Asset Growth Rate (YoY)	3.7%
Total Assets	฿13.92 Billion
Market Capitalization	$174.70 Million USD

Valuation Analysis

Below Book Valuation: The market values Thanulux 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: Thanulux Public Company Limited's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Thanulux Public Company Limited (2000–2024)

The table below shows the annual total assets of Thanulux Public Company Limited from 2000 to 2024.

Year	Total Assets	Change
2024-12-31	฿13.92 Billion ≈ $433.74 Million	+3.69%
2023-12-31	฿13.42 Billion ≈ $418.30 Million	+26.61%
2022-12-31	฿10.60 Billion ≈ $330.40 Million	+135.89%
2021-12-31	฿4.49 Billion ≈ $140.07 Million	+3.62%
2020-12-31	฿4.34 Billion ≈ $135.17 Million	+0.58%
2019-12-31	฿4.31 Billion ≈ $134.39 Million	-0.38%
2018-12-31	฿4.33 Billion ≈ $134.90 Million	-1.03%
2017-12-31	฿4.37 Billion ≈ $136.31 Million	+6.17%
2016-12-31	฿4.12 Billion ≈ $128.38 Million	+5.50%
2015-12-31	฿3.90 Billion ≈ $121.69 Million	-0.58%
2014-12-31	฿3.93 Billion ≈ $122.41 Million	+5.53%
2013-12-31	฿3.72 Billion ≈ $115.99 Million	-4.32%
2012-12-31	฿3.89 Billion ≈ $121.23 Million	+13.17%
2011-12-31	฿3.44 Billion ≈ $107.12 Million	+10.27%
2010-12-31	฿3.12 Billion ≈ $97.14 Million	+5.88%
2009-12-31	฿2.94 Billion ≈ $91.75 Million	+3.48%
2008-12-31	฿2.84 Billion ≈ $88.66 Million	+3.72%
2007-12-31	฿2.74 Billion ≈ $85.48 Million	+0.18%
2006-12-31	฿2.74 Billion ≈ $85.33 Million	+2.23%
2005-12-31	฿2.68 Billion ≈ $83.47 Million	+13.49%
2004-12-31	฿2.36 Billion ≈ $73.55 Million	+15.84%
2003-12-31	฿2.04 Billion ≈ $63.49 Million	+18.40%
2002-12-31	฿1.72 Billion ≈ $53.63 Million	-9.61%
2001-12-31	฿1.90 Billion ≈ $59.33 Million	+11.54%
2000-12-31	฿1.71 Billion ≈ $53.19 Million	--

About Thanulux Public Company Limited

BK:TNL Thailand Credit Services

Market Cap

$174.70 Million

฿5.61 Billion THB

Market Cap Rank

#17031 Global

#223 in Thailand

Share Price

฿18.40

Change (1 day)

-2.13%

52-Week Range

฿18.40 - ฿29.00

All Time High

฿42.62