THK Co. Ltd
THK Co., Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, lin… Read more
THK Co. Ltd (THKLF) - Total Assets
Latest total assets as of June 2024: $586.78 Billion USD
Based on the latest financial reports, THK Co. Ltd (THKLF) holds total assets worth $586.78 Billion USD as of June 2024.
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.
THK Co. Ltd - Total Assets Trend (2004–2024)
This chart illustrates how THK Co. Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
THK Co. Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
THK Co. Ltd's total assets of $586.78 Billion consist of 57.6% current assets and 42.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.4% |
| Accounts Receivable | $81.47 Billion | 14.4% |
| Inventory | $91.66 Billion | 16.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how THK Co. 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: THK Co. Ltd's current assets represent 57.6% of total assets in 2024, a decrease from 70.1% in 2004.
- Cash Position: Cash and equivalents constituted 24.4% of total assets in 2024, down from 34.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 16.2% of total assets.
THK Co. Ltd Competitors by Total Assets
Key competitors of THK Co. Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
THK Co. 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
Moderate asset utilization - THK Co. Ltd generates 0.62x 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, THK Co. Ltd generates $ 1.84 in net profit.
THK Co. 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 | 4.51 | 3.68 | 3.88 |
| Quick Ratio | 3.34 | 2.77 | 3.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $266.76 Billion | $ 254.59 Billion | $ 204.46 Billion |
THK Co. Ltd - Advanced Valuation Insights
This section examines the relationship between THK Co. 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 | 1.08 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | $567.42 Billion |
| Market Capitalization | $2.23 Billion USD |
Valuation Analysis
Below Book Valuation: The market values THK Co. Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: THK Co. Ltd's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for THK Co. Ltd (2004–2024)
The table below shows the annual total assets of THK Co. Ltd from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $567.42 Billion | +1.99% |
| 2023-12-31 | $556.35 Billion | -0.71% |
| 2022-12-31 | $560.30 Billion | +8.57% |
| 2021-12-31 | $516.09 Billion | +12.15% |
| 2020-12-31 | $460.17 Billion | -1.87% |
| 2019-12-31 | $468.94 Billion | +1.21% |
| 2018-12-31 | $463.35 Billion | +6.11% |
| 2017-12-31 | $436.66 Billion | +5.24% |
| 2016-12-31 | $414.93 Billion | +1.75% |
| 2015-12-31 | $407.81 Billion | +9.15% |
| 2014-12-31 | $373.61 Billion | +11.06% |
| 2013-12-31 | $336.42 Billion | +14.76% |
| 2012-12-31 | $293.14 Billion | +1.67% |
| 2011-12-31 | $288.33 Billion | +3.06% |
| 2010-12-31 | $279.77 Billion | +18.36% |
| 2009-12-31 | $236.37 Billion | -1.65% |
| 2008-12-31 | $240.35 Billion | -9.04% |
| 2007-12-31 | $264.23 Billion | +0.36% |
| 2006-12-31 | $263.28 Billion | +7.73% |
| 2005-12-31 | $244.38 Billion | +11.08% |
| 2004-12-31 | $220.01 Billion | -- |