TQM CORPORATION (TQM-R) - Total Assets
Based on the latest financial reports, TQM CORPORATION (TQM-R) holds total assets worth ฿5.96 Billion THB (≈ $185.89 Million USD) as of September 2024. 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 TQM-R net assets for net asset value and shareholders' equity analysis.
TQM CORPORATION - Total Assets Trend (2014–2023)
This chart illustrates how TQM CORPORATION's total assets have evolved over time, based on quarterly financial data.
TQM CORPORATION - Asset Composition Analysis
Current Asset Composition (December 2023)
TQM CORPORATION's total assets of ฿5.96 Billion consist of 60.1% current assets and 39.9% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 16.3% |
| Accounts Receivable | ฿950.29 Million | 17.4% |
| Inventory | ฿-3.22 Billion | -58.9% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿635.79 Million | 11.7% |
| Goodwill | ฿115.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how TQM CORPORATION'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 TQM CORPORATION.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TQM CORPORATION's current assets represent 60.1% of total assets in 2023, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 16.3% of total assets in 2023, down from 100.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 17.4% of total assets.
TQM CORPORATION Competitors by Total Assets
Key competitors of TQM CORPORATION based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Steadfast Group Ltd
AU:SDF
|
Australia | AU$6.86 Billion |
|
AUB Group Ltd
AU:AUB
|
Australia | AU$4.73 Billion |
|
Wiz Soluções e Corretagem de Seguros S.A
SA:WIZC3
|
Brazil | R$2.41 Billion |
|
Banvida
SN:BANVIDA
|
Chile | CL$837.47 Billion |
|
Aon PLC
F:4VK
|
Germany | €51.64 Billion |
|
Steadfast Group Limited
F:1S6
|
Germany | €6.43 Billion |
|
AUB GROUP LTD.
F:A5H
|
Germany | €4.73 Billion |
|
Fanhua Inc
F:4CIA
|
Germany | €4.15 Billion |
TQM CORPORATION - 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 | 2.47 | 1.92 |
| Quick Ratio | 1.88 | 2.46 | 1.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿1.81 Billion | ฿1.74 Billion | ฿1.67 Billion |
TQM CORPORATION - Advanced Valuation Insights
This section examines the relationship between TQM CORPORATION'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 | 2.75 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 11.3% |
| Total Assets | ฿5.46 Billion |
| Market Capitalization | $260.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values TQM CORPORATION's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TQM CORPORATION's assets grew by 11.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TQM CORPORATION (2014–2023)
The table below shows the annual total assets of TQM CORPORATION from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ฿5.46 Billion ≈ $170.16 Million |
+11.35% |
| 2022-12-31 | ฿4.90 Billion ≈ $152.82 Million |
+10.52% |
| 2021-12-31 | ฿4.44 Billion ≈ $138.28 Million |
-10.45% |
| 2020-12-31 | ฿4.95 Billion ≈ $154.41 Million |
+16.37% |
| 2019-12-31 | ฿4.26 Billion ≈ $132.69 Million |
+11.30% |
| 2018-12-31 | ฿3.82 Billion ≈ $119.22 Million |
+100.63% |
| 2017-12-31 | ฿1.91 Billion ≈ $59.42 Million |
+1.91% |
| 2016-12-31 | ฿1.87 Billion ≈ $58.31 Million |
-6.83% |
| 2015-12-31 | ฿2.01 Billion ≈ $62.58 Million |
+416298.34% |
| 2014-12-31 | ฿482.16K ≈ $15.03K |
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About TQM CORPORATION
TQM Alpha Public Company Limited engages in the insurance brokerage business in Thailand. It offers individual and group life insurance products; non-life insurance products comprising motor and non-motor, health, and accident insurance; reinsurance products; and consulting services for insurance claims. The company also provides personal loans; IT and software services; procurement and consultin… Read more