Thoresen Thai Agencies Public Company Limited Total Assets
Thoresen Thai Agencies Public Company Limited total assets. Based on the latest financial reports, Thoresen Thai Agencies Public Company Limited (TTA-R) holds total assets worth ฿48.77 Billion THB (≈ $1.52 Billion 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 how much is Thoresen Thai Agencies Public Company Li worth for the company's overall valuation and market capitalisation.
Total Assets of Thoresen Thai Agencies Public Company Limited (2016–2024)
Total assets of Thoresen Thai Agencies Public Company Limited from 2016 to 2024. This chart illustrates how Thoresen Thai Agencies Public Company Limited's total assets have evolved over time, based on quarterly financial data. See Thoresen Thai Agencies Public Company Li (TTA-R) share price today for real-time trading data and today's change.
Thoresen Thai Agencies Public Company Limited - Asset Composition Analysis
Thoresen Thai Agencies Public Company Limited Total Assets Breakdown (December 2024)
Thoresen Thai Agencies Public Company Limited total assets breakdown as of December 2024. Thoresen Thai Agencies Public Company Limited's total assets of ฿48.77 Billion consist of 41.1% current assets and 58.9% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 14.6% |
| Accounts Receivable | ฿4.39 Billion | 8.8% |
| Inventory | ฿1.41 Billion | 2.8% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿3.69 Billion | 7.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Thoresen Thai Agencies 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 TTA-R current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thoresen Thai Agencies Public Company Limited's current assets represent 41.1% of total assets in 2024, an increase from 38.7% in 2016.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 16.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 8.8% of total assets.
Thoresen Thai Agencies Public Company Limited Competitors by Total Assets
Key competitors of Thoresen Thai Agencies Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SUMITOMO CORP. SP. ADR 1
F:SUMB
|
Germany | €11.98 Trillion |
|
Kyocera Corporation
F:KYRA
|
Germany | €4.45 Trillion |
|
Kolon Corp
KO:002020
|
Korea | ₩7.18 Trillion |
|
PVP Ventures Limited
NSE:PVP
|
India | Rs7.94 Billion |
|
Idsud S.A
PA:ALIDS
|
France | €5.95 Million |
|
Ocean Group JSC
VN:OGC
|
Vietnam | ₫4.47 Trillion |
|
Kolon Corp
KO:002025
|
Korea | ₩7.92 Trillion |
|
Mazhar Zorlu Holding AS
IS:MZHLD
|
Turkey | TL165.68 Million |
Thoresen Thai Agencies 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 | 1.73 | 2.48 | 1.84 |
| Quick Ratio | 1.58 | 2.32 | 1.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿6.51 Billion | ฿13.77 Billion | ฿5.03 Billion |
Thoresen Thai Agencies Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Thoresen Thai Agencies 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 | 0.31 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 16.4% |
| Total Assets | ฿50.03 Billion |
| Market Capitalization | $246.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thoresen Thai Agencies Public Company Limited's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Thoresen Thai Agencies Public Company Limited's assets grew by 16.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Thoresen Thai Agencies Public Company Limited (2016–2024)
The table below shows the annual total assets of Thoresen Thai Agencies Public Company Limited from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿50.03 Billion ≈ $1.56 Billion |
+16.42% |
| 2023-12-31 | ฿42.97 Billion ≈ $1.34 Billion |
+3.32% |
| 2022-12-31 | ฿41.59 Billion ≈ $1.30 Billion |
+6.79% |
| 2021-12-31 | ฿38.95 Billion ≈ $1.21 Billion |
+25.52% |
| 2020-12-31 | ฿31.03 Billion ≈ $967.15 Million |
-7.30% |
| 2019-12-31 | ฿33.47 Billion ≈ $1.04 Billion |
-9.80% |
| 2018-12-31 | ฿37.11 Billion ≈ $1.16 Billion |
+4.29% |
| 2017-12-31 | ฿35.58 Billion ≈ $1.11 Billion |
-14.50% |
| 2016-12-31 | ฿41.62 Billion ≈ $1.30 Billion |
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About Thoresen Thai Agencies Public Company Limited
Thoresen Thai Agencies Public Company Limited, together with its subsidiaries, operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania. The company operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. It owns dry bulk vessels and provides shipping services, such as hauling a range of dry and break-bulk commodit… Read more