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TV Thunder PCL (BKK:TVT) Asset Turnover : 0.06 (As of Dec. 2024)


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What is TV Thunder PCL Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TV Thunder PCL's Revenue for the three months ended in Dec. 2024 was ฿42.5 Mil. TV Thunder PCL's Total Assets for the quarter that ended in Dec. 2024 was ฿681.5 Mil. Therefore, TV Thunder PCL's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. TV Thunder PCL's annualized ROE % for the quarter that ended in Dec. 2024 was -6.35%. It is also linked to ROA % through Du Pont Formula. TV Thunder PCL's annualized ROA % for the quarter that ended in Dec. 2024 was -5.80%.


TV Thunder PCL Asset Turnover Historical Data

The historical data trend for TV Thunder PCL's Asset Turnover 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.

TV Thunder PCL Asset Turnover Chart

TV Thunder PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.41 0.44 0.29 0.27

TV Thunder PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover 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 0.08 0.09 0.08 0.04 0.06

Competitive Comparison of TV Thunder PCL's Asset Turnover

For the Entertainment subindustry, TV Thunder PCL's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


TV Thunder PCL's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TV Thunder PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TV Thunder PCL's Asset Turnover falls into.


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TV Thunder PCL Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

TV Thunder PCL's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=180.408/( (658.717+670.716)/ 2 )
=180.408/664.7165
=0.27

TV Thunder PCL's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=42.454/( (692.285+670.716)/ 2 )
=42.454/681.5005
=0.06

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


TV Thunder PCL  (BKK:TVT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

TV Thunder PCL's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-39.544/623.15
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.544 / 169.816)*(169.816 / 681.5005)*(681.5005/ 623.15)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.29 %*0.2492*1.0936
=ROA %*Equity Multiplier
=-5.80 %*1.0936
=-6.35 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

TV Thunder PCL's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-39.544/681.5005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-39.544 / 169.816)*(169.816 / 681.5005)
=Net Margin %*Asset Turnover
=-23.29 %*0.2492
=-5.80 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


TV Thunder PCL Asset Turnover Related Terms

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TV Thunder PCL Business Description

Traded in Other Exchanges
Address
1213/309 -10 Soi Lardprao 94 (Panjamit) Srivara Road, Kwaeng Phlapphla, Khet Wangthonglang, Bangkok, THA, 10310
TV Thunder PCL is a Thailand-based company engaged in providing television series and variety shows, providing advertising services and other sales promotion activities, promoting and producing television programs, music series and movies, and artist management. The company operates in various business segments that include Advertising business, Services, Events and TV Program Production, Artist Management, and Other Business. The Services, event and television programme production segment generates key revenue for the company.

TV Thunder PCL Headlines

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