V.L. Enterprise Public Company Limited
V.L. Enterprise Public Company Limited engages in a tanker fleet business in Thailand and internationally. The company offers logistical cargo shipping services. It also transports petroleum and chemical products through a fleet of vessels. It operates through 12 vessels for service. V.L. Enterprise Public Company Limited was incorporated in 1991 and is headquartered in Bangkok, Thailand.
V.L. Enterprise Public Company Limited (VL) - Total Assets
Latest total assets as of September 2025: ฿1.52 Billion THB
Based on the latest financial reports, V.L. Enterprise Public Company Limited (VL) holds total assets worth ฿1.52 Billion THB 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.
V.L. Enterprise Public Company Limited - Total Assets Trend (2014–2024)
This chart illustrates how V.L. Enterprise Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
V.L. Enterprise Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
V.L. Enterprise Public Company Limited's total assets of ฿1.52 Billion consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 7.0% |
| Accounts Receivable | ฿90.52 Million | 5.4% |
| Inventory | ฿22.43 Million | 1.4% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿2.75 Million | 0.2% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how V.L. Enterprise 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: V.L. Enterprise Public Company Limited's current assets represent 17.8% of total assets in 2024, a decrease from 23.0% in 2014.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2024, up from 6.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 5.4% of total assets.
V.L. Enterprise Public Company Limited Competitors by Total Assets
Key competitors of V.L. Enterprise Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
V.L. Enterprise Public Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - V.L. Enterprise Public Company Limited generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, V.L. Enterprise Public Company Limited generates $ 4.50 in net profit.
V.L. Enterprise 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 | 0.95 | 1.19 | 1.90 |
| Quick Ratio | 0.85 | 1.12 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿-12.81 Million | ฿ 62.35 Million | ฿ 166.49 Million |
V.L. Enterprise Public Company Limited - Advanced Valuation Insights
This section examines the relationship between V.L. Enterprise 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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -12.4% |
| Total Assets | ฿1.66 Billion |
| Market Capitalization | $7.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values V.L. Enterprise Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: V.L. Enterprise Public Company Limited's assets decreased by 12.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for V.L. Enterprise Public Company Limited (2014–2024)
The table below shows the annual total assets of V.L. Enterprise Public Company Limited from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.66 Billion | -12.44% |
| 2023-12-31 | ฿1.90 Billion | +0.96% |
| 2022-12-31 | ฿1.88 Billion | -3.58% |
| 2021-12-31 | ฿1.95 Billion | +10.68% |
| 2020-12-31 | ฿1.76 Billion | -10.36% |
| 2019-12-31 | ฿1.97 Billion | +38.16% |
| 2018-12-31 | ฿1.42 Billion | +3.97% |
| 2017-12-31 | ฿1.37 Billion | +22.37% |
| 2016-12-31 | ฿1.12 Billion | +48.43% |
| 2015-12-31 | ฿754.08 Million | +37.61% |
| 2014-12-31 | ฿547.99 Million | -- |