Thalassa Holdings Ltd (THAL) - Total Assets
Based on the latest financial reports, Thalassa Holdings Ltd (THAL) holds total assets worth GBX9.29 Million GBX (≈ $1.13K USD) as of December 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. See what is Thalassa Holdings Ltd's book value for net asset value and shareholders' equity analysis.
Thalassa Holdings Ltd - Total Assets Trend (2008–2025)
This chart illustrates how Thalassa Holdings Ltd's total assets have evolved over time, based on quarterly financial data.
Thalassa Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Thalassa Holdings Ltd's total assets of GBX9.29 Million consist of 47.5% current assets and 52.5% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 1.7% |
| Accounts Receivable | GBX766.82K | 8.3% |
| Inventory | GBX0.00 | 0.0% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX2.39 Million | 25.7% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2008–2025)
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. For live market cap, price, and company overview, see THAL stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thalassa Holdings Ltd's current assets represent 47.5% of total assets in 2025, an increase from 17.7% in 2008.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2025, down from 16.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 25.7% 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 |
|---|---|---|
|
Gaztransport & Technigaz SAS
PA:GTT
|
France | €854.35 Million |
|
Mattr Corp
TO:MATR
|
Canada | CA$1.60 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Fire & Gas Detection Technologies Ltd
TA:FGAS
|
Israel | ILA74.77 Million |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
Germany | €10.96 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
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 | 9.18 | 7.76 | 1.81 |
| Quick Ratio | 9.18 | 7.76 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX3.93 Million | GBX3.88 Million | GBX4.64 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 | 0.37 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -15.3% |
| Total Assets | GBX9.29 Million |
| Market Capitalization | $47.62K USD |
Valuation Analysis
Below Book Valuation: The market values Thalassa Holdings Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Thalassa Holdings Ltd's assets decreased by 15.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thalassa Holdings Ltd (2008–2025)
The table below shows the annual total assets of Thalassa Holdings Ltd from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | GBX9.29 Million ≈ $1.13K |
-15.26% |
| 2024-12-31 | GBX10.96 Million ≈ $1.33K |
-11.82% |
| 2023-12-31 | GBX12.43 Million ≈ $1.51K |
-5.66% |
| 2022-12-31 | GBX13.18 Million ≈ $1.60K |
-26.77% |
| 2021-12-31 | GBX17.99 Million ≈ $2.19K |
+14.21% |
| 2020-12-31 | GBX15.76 Million ≈ $1.92K |
-44.40% |
| 2019-12-31 | GBX28.34 Million ≈ $3.45K |
+10.15% |
| 2018-12-31 | GBX25.73 Million ≈ $3.13K |
+11.62% |
| 2017-12-31 | GBX23.05 Million ≈ $2.80K |
-9.52% |
| 2016-12-31 | GBX25.47 Million ≈ $3.10K |
+20.17% |
| 2015-12-31 | GBX21.20 Million ≈ $2.58K |
-24.86% |
| 2014-12-31 | GBX28.21 Million ≈ $3.43K |
-12.76% |
| 2013-12-31 | GBX32.33 Million ≈ $3.93K |
+356.22% |
| 2012-12-31 | GBX7.09 Million ≈ $862.34 |
+10.98% |
| 2011-12-31 | GBX6.39 Million ≈ $777.01 |
+18.51% |
| 2010-12-31 | GBX5.39 Million ≈ $655.65 |
+6.40% |
| 2009-12-31 | GBX5.06 Million ≈ $616.23 |
+5.39% |
| 2008-12-31 | GBX4.81 Million ≈ $584.70 |
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About 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.