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TQM Alpha PCL (BKK:TQM) Total Assets : ฿5,964 Mil (As of Sep. 2024)


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What is TQM Alpha PCL Total Assets?

TQM Alpha PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿5,964 Mil.

Warning Sign:

If a company builds assets at 18.1% a year, faster than its revenue growth rate of 4.6% 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 16.80% 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 Sep. 2024 was 13.93%. Total Assets is also linked to Revenue through Asset Turnover. TQM Alpha PCL's Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.


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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,256.96 3,607.07 4,983.76 4,903.03 5,459.40

TQM Alpha PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5,153.83 5,459.40 5,859.32 6,226.75 5,963.85

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 Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=3277.05+2686.8
=5,964

* 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.


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 Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=848.792/( (6226.754+5963.85)/ 2 )
=848.792/6095.302
=13.93 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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 Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=969.84/( (6226.754+5963.85)/ 2 )
=969.84/6095.302
=0.16

* 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.

TQM Alpha PCL Total Assets Related Terms

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TQM Alpha PCL Business Description

Traded in Other Exchanges
Address
No. 123, Ladplakao Road, Chorakhe Bua Subdistrict, Lat Phrao District, Bangkok, THA, 10230
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.

TQM Alpha PCL Headlines

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