Thai Oil Public Company Limited Total Assets
Thai Oil Public Company Limited total assets. Based on the latest financial reports, Thai Oil Public Company Limited (TOP) holds total assets worth ฿427.28 Billion THB (≈ $13.32 Billion USD) as of December 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 cash flow conversion of Thai Oil Public Company Limited for how efficiently the company converts equity into cash flow.
Total Assets of Thai Oil Public Company Limited (2003–2025)
Total assets of Thai Oil Public Company Limited from 2003 to 2025. This chart illustrates how Thai Oil Public Company Limited's total assets have evolved over time, based on quarterly financial data. See Thai Oil Public Company Limited (TOP) share price today for real-time trading data and today's change.
Thai Oil Public Company Limited - Asset Composition Analysis
Thai Oil Public Company Limited Total Assets Breakdown (December 2025)
Thai Oil Public Company Limited total assets breakdown as of December 2025. Thai Oil Public Company Limited's total assets of ฿427.28 Billion consist of 30.5% current assets and 69.5% non-current assets. Explore working capital to net assets of Thai Oil Public Company Limited to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 14.6% |
| Accounts Receivable | ฿23.69 Billion | 5.5% |
| Inventory | ฿32.10 Billion | 7.5% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿2.44 Billion | 0.6% |
| Goodwill | ฿745.28 Million | 0.2% |
Asset Composition Trend (2003–2025)
This chart illustrates how Thai Oil 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thai Oil Public Company Limited's current assets represent 30.5% of total assets in 2025, an increase from 29.1% in 2003.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2025, up from 7.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 7.5% of total assets.
Thai Oil Public Company Limited Competitors by Total Assets
Key competitors of Thai Oil Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang International Industry Co Ltd
SHE:000159
|
China | CN¥3.68 Billion |
|
Lonyer Fuels
SHG:603003
|
China | CN¥3.82 Billion |
|
Mi Chang Oil
KO:003650
|
Korea | ₩659.53 Billion |
|
The LEADCORP Inc
KQ:012700
|
Korea | ₩1.05 Trillion |
|
Ampol Ltd
AU:ALD
|
Australia | AU$12.70 Billion |
|
Viva Energy Group Ltd
AU:VEA
|
Australia | AU$13.52 Billion |
|
Ultrapar Participações S.A
SA:UGPA3
|
Brazil | R$52.74 Billion |
|
Cosan S.A
SA:CSAN3
|
Brazil | R$126.69 Billion |
Thai Oil 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 | 1.44 | 1.66 | 4.10 |
| Quick Ratio | 1.09 | 1.06 | 2.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿39.91 Billion | ฿44.56 Billion | ฿77.94 Billion |
Thai Oil Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Thai Oil 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 | 0.67 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 4.5% |
| Total Assets | ฿427.28 Billion |
| Market Capitalization | $4.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Thai Oil 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: Thai Oil Public Company Limited's assets grew by 4.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Thai Oil Public Company Limited (2003–2025)
The table below shows the annual total assets of Thai Oil Public Company Limited from 2003 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | ฿427.28 Billion ≈ $13.32 Billion |
+4.47% |
| 2024-12-31 | ฿409.01 Billion ≈ $12.75 Billion |
-2.61% |
| 2023-12-31 | ฿419.99 Billion ≈ $13.09 Billion |
-5.53% |
| 2022-12-31 | ฿444.58 Billion ≈ $13.86 Billion |
+22.76% |
| 2021-12-31 | ฿362.14 Billion ≈ $11.29 Billion |
+18.28% |
| 2020-12-31 | ฿306.19 Billion ≈ $9.54 Billion |
+8.02% |
| 2019-12-31 | ฿283.44 Billion ≈ $8.83 Billion |
+5.52% |
| 2018-12-31 | ฿268.61 Billion ≈ $8.37 Billion |
+17.76% |
| 2017-12-31 | ฿228.11 Billion ≈ $7.11 Billion |
+4.77% |
| 2016-12-31 | ฿217.73 Billion ≈ $6.79 Billion |
+13.30% |
| 2015-12-31 | ฿192.17 Billion ≈ $5.99 Billion |
-0.33% |
| 2014-12-31 | ฿192.80 Billion ≈ $6.01 Billion |
-7.54% |
| 2013-12-31 | ฿208.52 Billion ≈ $6.50 Billion |
+22.17% |
| 2012-12-31 | ฿170.68 Billion ≈ $5.32 Billion |
+10.05% |
| 2011-12-31 | ฿155.09 Billion ≈ $4.83 Billion |
+5.78% |
| 2010-12-31 | ฿146.61 Billion ≈ $4.57 Billion |
+6.43% |
| 2009-12-31 | ฿137.74 Billion ≈ $4.29 Billion |
+3.69% |
| 2008-12-31 | ฿132.84 Billion ≈ $4.14 Billion |
-3.08% |
| 2007-12-31 | ฿137.06 Billion ≈ $4.27 Billion |
+9.93% |
| 2006-12-31 | ฿124.68 Billion ≈ $3.89 Billion |
+0.41% |
| 2005-12-31 | ฿124.17 Billion ≈ $3.87 Billion |
+7.57% |
| 2004-12-31 | ฿115.43 Billion ≈ $3.60 Billion |
+13.24% |
| 2003-12-31 | ฿101.94 Billion ≈ $3.18 Billion |
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About Thai Oil Public Company Limited
Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distributions, petrochemicals, lube base oil, and other businesses in Thailand, Indonesia, and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Aromatics and LAB, Power Generation, Solvent, Ethanol, Olefins, and Others segments. The company offers refined fuels, including gas… Read more