Gulf Development PCL (BKK:GULF) Total Assets: ฿820,652 Mil (As of Mar. 2026)

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BKK:GULF Gulf Development PCL BKK:GULF
16 GF Score
Price ฿65.25
! 12 Warning Signs
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What is Gulf Development PCL Total Assets?

Gulf Development PCL BKK:GULF -1.14% 16 Total Assets is ฿820,652 Mil as of Mar. 2026. GuruFocus rates BKK:GULF with a GF Score™ of 16/100. The stock has 12 warning signs investors should review.

Gulf Development PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿820,652 Mil.

During the past 12 months, Gulf Development PCL's average Total Assets Growth Rate was 61.20% per year. During the past 3 years, the average Total Assets Growth Rate was 24.60% per year. During the past 5 years, the average Total Assets Growth Rate was 21.40% per year. During the past 10 years, the average Total Assets Growth Rate was 37.60% per year.

During the past 12 years, Gulf Development PCL's highest 3-Year average Total Assets Growth Rate was 107.80%. The lowest was 10.60%. And the median was 42.30%.

Total Assets is connected with ROA %. Gulf Development PCL's annualized ROA % for the quarter that ended in Mar. 2026 was 4.57%. Total Assets is also linked to Revenue through Asset Turnover. Gulf Development PCL's Asset Turnover for the quarter that ended in Mar. 2026 was 0.05.


Gulf Development PCL  (BKK:GULF) Total Assets Explanation

Total Assets is connected with ROA %.

Gulf Development PCL's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=36467.208/( (773810.041+820652.443)/ 2 )
=36467.208/797231.242
=4.57 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Gulf Development PCL's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=37638.123/( (773810.041+820652.443)/ 2 )
=37638.123/797231.242
=0.05

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Gulf Development PCL Total Assets Related Terms


Gulf Development PCL Total Assets Historical Data

* Premium members only.

The historical data trend for Gulf Development PCL's Total 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.

Gulf Development PCL Total Assets Chart

Gulf Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362,673.85 418,171.97 459,514.17 496,202.45 773,810.04

Gulf Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 522,478.17 742,205.38 752,799.64 773,810.04 820,652.44
BKK:GULF
16GF Score
Gulf Development PCL BKK:GULF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Development PCL Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Gulf Development PCL's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=365899.291+407910.75
=773,810

Gulf Development PCL's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=378120.209+442532.234
=820,652

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ฿820,652 Mil mean?
Gulf Development PCL (BKK:GULF) has a Total Assets of ฿820,652 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Gulf Development PCL and its competitors.
Is Gulf Development PCL's Total Assets too high?
Gulf Development PCL's current Total Assets is ฿820,652 Mil. Overall, Gulf Development PCL has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Development PCL's Total Assets compare to CEG and VST?
Gulf Development PCL's Total Assets of ฿820,652 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Utilities - Independent Power Producers company?
A good Total Assets depends on the Utilities - Independent Power Producers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Gulf Development PCL and its competitors. Gulf Development PCL's current Total Assets is ฿820,652 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Development PCL stock overvalued right now?
Gulf Development PCL (BKK:GULF) has a current Total Assets of ฿820,652 Mil. The current Total Assets is ฿820,652 Mil. Gulf Development PCL's overall GF Score™ is 16/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Gulf Development PCL (BKK:GULF), the current Total Assets is ฿820,652 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gulf Development PCL Business Description

Other Exchanges GULF-F:Thailand
Address Wireless Road, 87 M. Thai Tower 11th Floor, All Seasons Place, Lumpini, Pathumwan, Bangkok, THA, 10330
Gulf Development PCL is a Thailand-based company mainly involved in the electricity-generating business. The group's principal operations are to generate and sell electricity and steam, store and convert natural gas from liquid to gas, provide satellite services, and operate other businesses in domestic and international markets. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. The group's reportable segments are: Power business (which generates maximum revenue), Consulting business, Infrastructure business, and Satellite and digital business. Geographically, it derives maximum revenue from Thailand.
16GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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