TQM Alpha PCL (BKK:TQM) Total Assets : ฿5,459 Mil (As of Dec. 2023)

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What is TQM Alpha PCL Total Assets?

TQM Alpha PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿5,459 Mil.

Warning Sign:

If a company builds assets at 18.1% a year, faster than its revenue growth rate of 4.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, TQM Alpha PCL's average Total Assets Growth Rate was 9.10% per year. During the past 3 years, the average Total Assets Growth Rate was 28.20% per year. During the past 5 years, the average Total Assets Growth Rate was 18.10% per year.

During the past 10 years, TQM Alpha PCL's highest 3-Year average Total Assets Growth Rate was 28.20%. The lowest was 5.70%. And the median was 16.05%.

Total Assets is connected with ROA %. TQM Alpha PCL's annualized ROA % for the quarter that ended in Dec. 2023 was 16.41%. Total Assets is also linked to Revenue through Asset Turnover. TQM Alpha PCL's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

TQM Alpha PCL Total Assets Historical Data

The historical data trend for TQM Alpha 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.

* Premium members only.

TQM Alpha PCL Total Assets Chart

TQM Alpha PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,256.96

3,607.07

4,983.76

4,903.03

5,459.40

TQM Alpha PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															4,903.03	5,072.33	4,847.03	5,153.83	5,459.40

TQM Alpha 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.

TQM Alpha PCL's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	3274.074	+	2185.326
	=	5,459

TQM Alpha PCL's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3274.074	+	2185.326
	=	5,459

TQM Alpha PCL (BKK:TQM) Total Assets Explanation

Total Assets is connected with ROA %.

TQM Alpha PCL's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	870.628	/	( (5153.825	+	5459.399)	/ 2 )
	=	870.628	/	5306.612
	=	16.41 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

TQM Alpha PCL's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	933.696	/	( (5153.825	+	5459.399)	/ 2 )
=	933.696	/	5306.612
=	0.18

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.

TQM Alpha PCL Total Assets Related Terms

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TQM Alpha PCL (BKK:TQM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » TQM Alpha PCL (BKK:TQM) » Definitions » Total Assets

Comparable Companies

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N/A

Address

No. 123, Ladplakao Road, Chorakhe Bua Subdistrict, Lat Phrao District, Bangkok, THA, 10230

Website

https://www.tqmalpha.com

TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, and provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.

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