Thai Group Holdings PCL (BKK:TGH) Scaled Net Operating Assets : -0.25 (As of Mar. 2024)

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What is Thai Group Holdings PCL Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Thai Group Holdings PCL's operating assets for the quarter that ended in Mar. 2024 was ฿34,596 Mil. Thai Group Holdings PCL's operating liabilities for the quarter that ended in Mar. 2024 was ฿56,539 Mil. Thai Group Holdings PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿86,085 Mil. Therefore, Thai Group Holdings PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.25.

Thai Group Holdings PCL Scaled Net Operating Assets Historical Data

The historical data trend for Thai Group Holdings PCL's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thai Group Holdings PCL Scaled Net Operating Assets Chart

Thai Group Holdings PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.31

0.16

0.02

-0.24

-0.26

Thai Group Holdings PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.26	-0.25	-0.25	-0.26	-0.26

Competitive Comparison of Thai Group Holdings PCL's Scaled Net Operating Assets

For the Insurance - Diversified subindustry, Thai Group Holdings PCL's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thai Group Holdings PCL's Scaled Net Operating Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Thai Group Holdings PCL's Scaled Net Operating Assets falls into.

Thai Group Holdings PCL Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Thai Group Holdings PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(35069.081	-	57072.866)	/	84151.142
=	-0.26

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	86084.903	-	51015.822
=	35069.081

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	77157.778	-	4570.132	-	15514.78
=	57072.866

Thai Group Holdings PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(34595.91	-	56538.784)	/	86084.903
=	-0.25

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	85246.257	-	50650.347
=	34595.91

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	75997.187	-	19458.403	-	0
=	56538.784

Thai Group Holdings PCL Scaled Net Operating Assets Related Terms

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Thai Group Holdings PCL (BKK:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Thai Group Holdings PCL (BKK:TGH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500

Website

https://www.tgh.co.th

Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the insurance business segment. The company is managed and operates principally in Thailand.