Thalassa Holdings Ltd
Thalassa Holdings Limited, a holding company, engages in the research and development of autonomous underwater vehicles. The company was incorporated in 2007 and is based in Road Town, the British Virgin Islands.
Thalassa Holdings Ltd (THAL) - Total Assets
Latest total assets as of June 2025: GBX10.62 Million GBX
Based on the latest financial reports, Thalassa Holdings Ltd (THAL) holds total assets worth GBX10.62 Million GBX 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.
Thalassa Holdings Ltd - Total Assets Trend (2008–2024)
This chart illustrates how Thalassa Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thalassa Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Thalassa Holdings Ltd's total assets of GBX10.62 Million consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 5.0% |
| Accounts Receivable | GBX310.05K | 2.8% |
| Inventory | GBX0.00 | 0.0% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX1.99 Million | 18.1% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Thalassa Holdings Ltd'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: Thalassa Holdings Ltd's current assets represent 40.6% of total assets in 2024, an increase from 17.7% in 2008.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2024, down from 16.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 18.1% of total assets.
Thalassa Holdings Ltd Competitors by Total Assets
Key competitors of Thalassa Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Thalassa Holdings Ltd - 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
Lower asset utilization - Thalassa Holdings Ltd generates -0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thalassa Holdings Ltd is currently not profitable relative to its asset base.
Thalassa Holdings Ltd - 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 | 7.77 | 4.21 | 2.75 |
| Quick Ratio | 7.77 | 4.21 | 2.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX3.76 Million | GBX 2.37 Million | GBX 10.89 Million |
Thalassa Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Thalassa Holdings Ltd'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 | 0.39 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | GBX10.96 Million |
| Market Capitalization | $455.97 USD |
Valuation Analysis
Below Book Valuation: The market values Thalassa Holdings Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Thalassa Holdings Ltd's assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thalassa Holdings Ltd (2008–2024)
The table below shows the annual total assets of Thalassa Holdings Ltd from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | GBX10.96 Million | -11.82% |
| 2023-12-31 | GBX12.43 Million | -5.66% |
| 2022-12-31 | GBX13.18 Million | -26.77% |
| 2021-12-31 | GBX17.99 Million | +14.21% |
| 2020-12-31 | GBX15.76 Million | -44.40% |
| 2019-12-31 | GBX28.34 Million | +10.15% |
| 2018-12-31 | GBX25.73 Million | +11.62% |
| 2017-12-31 | GBX23.05 Million | -9.52% |
| 2016-12-31 | GBX25.47 Million | +20.17% |
| 2015-12-31 | GBX21.20 Million | -24.86% |
| 2014-12-31 | GBX28.21 Million | -12.76% |
| 2013-12-31 | GBX32.33 Million | +356.22% |
| 2012-12-31 | GBX7.09 Million | +10.98% |
| 2011-12-31 | GBX6.39 Million | +18.51% |
| 2010-12-31 | GBX5.39 Million | +6.40% |
| 2009-12-31 | GBX5.06 Million | +5.39% |
| 2008-12-31 | GBX4.81 Million | -- |