Thoresen Thai Agencies Public Company Limited (TTA) - Total Assets
Based on the latest financial reports, Thoresen Thai Agencies Public Company Limited (TTA) holds total assets worth ฿49.60 Billion THB (≈ $1.55 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. Explore Thoresen Thai Agencies Public Company Li cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Thoresen Thai Agencies Public Company Limited - Total Assets Trend (2000–2024)
This chart illustrates how Thoresen Thai Agencies Public Company Limited's total assets have evolved over time, based on quarterly financial data. See TTA total equity for net asset value and shareholders' equity analysis.
Thoresen Thai Agencies Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Thoresen Thai Agencies Public Company Limited's total assets of ฿49.60 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 (2000–2024)
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. For live market cap, price, and company overview, see TTA market cap.
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 26.4% in 2000.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, up from 3.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2000.
- 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 |
|---|---|---|
|
Investment AB Latour (publ)
ST:LATO-B
|
Sweden | Skr69.35 Billion |
|
ASAHI KASEI CORP. ADR/2
F:ASA
|
Germany | €4.00 Trillion |
|
L E Lundbergföretagen AB (publ)
ST:LUND-B
|
Sweden | Skr234.81 Billion |
|
Storskogen Group AB Series B
ST:STOR-B
|
Sweden | Skr41.45 Billion |
|
Fujian Guanfu Modern Household Wares Co Ltd
SHE:002102
|
China | CN¥6.79 Billion |
|
Gansu Yatai Industrial Development Co Ltd
SHE:000691
|
China | CN¥571.96 Million |
|
Hunan Fazhan Industrial Co Ltd
SHE:000722
|
China | CN¥3.55 Billion |
|
Cresud SA
BA:CRES
|
Argentina | AR$6.32 Trillion |
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 | 1.93 | 2.49 | 2.25 |
| Quick Ratio | 1.74 | 2.32 | 2.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿8.56 Billion | ฿12.69 Billion | ฿6.84 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 | 0.29 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 16.4% |
| Total Assets | ฿50.03 Billion |
| Market Capitalization | $285.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Thoresen Thai Agencies Public Company Limited's assets below their book value (0.01x), 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 (2000–2024)
The table below shows the annual total assets of Thoresen Thai Agencies Public Company Limited from 2000 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 |
-8.22% |
| 2015-12-31 | ฿45.35 Billion ≈ $1.41 Billion |
-12.16% |
| 2014-12-31 | ฿51.62 Billion ≈ $1.61 Billion |
+4.64% |
| 2014-09-30 | ฿49.33 Billion ≈ $1.54 Billion |
+14.48% |
| 2013-12-31 | ฿43.09 Billion ≈ $1.34 Billion |
+1.25% |
| 2012-12-31 | ฿42.56 Billion ≈ $1.33 Billion |
-11.57% |
| 2011-12-31 | ฿48.13 Billion ≈ $1.50 Billion |
-1.52% |
| 2010-12-31 | ฿48.87 Billion ≈ $1.52 Billion |
+17.37% |
| 2009-12-31 | ฿41.64 Billion ≈ $1.30 Billion |
-1.19% |
| 2008-12-31 | ฿42.14 Billion ≈ $1.31 Billion |
+49.74% |
| 2007-12-31 | ฿28.14 Billion ≈ $877.22 Million |
+21.62% |
| 2006-12-31 | ฿23.14 Billion ≈ $721.27 Million |
+18.86% |
| 2005-12-31 | ฿19.47 Billion ≈ $606.84 Million |
+23.48% |
| 2004-12-31 | ฿15.77 Billion ≈ $491.44 Million |
+173.56% |
| 2003-12-31 | ฿5.76 Billion ≈ $179.65 Million |
+49.98% |
| 2002-12-31 | ฿3.84 Billion ≈ $119.78 Million |
+23.99% |
| 2001-12-31 | ฿3.10 Billion ≈ $96.60 Million |
+10.17% |
| 2000-12-31 | ฿2.81 Billion ≈ $87.69 Million |
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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