TQM.BK
Price:
$11.4
Market Cap:
$6.84B
TQM Alpha Public Company Limited engages in the insurance brokerage business in Thailand. The company offers life and non-life insurance products comprising car, travel, accident, health, life, home, and special insurance, such as motor, addon, surf stake, gadget, and motorcycle insurance. It also provides personal loans; and procurement and consulting services for computer software and hardware. The company was formerly known as TQM Corporation Public Company Limited and changed its name to TQM Alpha Public Company Limited in May 2022. The company was founded in 2011 and is headquartered in Bangkok, Thailand. TQM Alpha Public Company Limited is a subsidiary of Eternal Growth Corporation Com...[Read more]
Industry
Insurance - Brokers
IPO Date
2018-12-20
Stock Exchange
SET
Ticker
TQM.BK
According to TQM Alpha Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.25. This represents a change of 1.49% compared to the average of 2.21 of the last 4 quarters.
The mean historical Current Ratio of TQM Alpha Public Company Limited over the last ten years is 1.87. The current 2.25 Current Ratio has changed 11.89% with respect to the historical average. Over the past ten years (40 quarters), TQM.BK's Current Ratio was at its highest in in the June 2021 quarter at 3.91. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
1.87
Median
1.97
Minimum
1.09
Maximum
2.73
Discovering the peaks and valleys of TQM Alpha Public Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 85.55%
Maximum Annual Current Ratio = 2.73
Minimum Annual Increase = -98.44%
Minimum Annual Current Ratio = 1.09
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.22 | -9.49% |
| 2023 | 2.45 | 10.44% |
| 2022 | 2.22 | -18.76% |
| 2021 | 2.73 | 53.58% |
| 2020 | 1.78 | -7.57% |
| 2019 | 1.92 | -5.19% |
| 2018 | 2.03 | 85.55% |
| 2017 | 1.09 | -3.57% |
| 2016 | 1.13 | -3.23% |
| 2015 | 1.17 | -98.44% |
The current Current Ratio of TQM Alpha Public Company Limited (TQM.BK) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.29
5-year avg
2.28
10-year avg
1.87
TQM Alpha Public Company Limited’s Current Ratio is less than Srisawad Capital 1969 Public Company Limited (3.04), greater than Saksiam Leasing Public Company Limited (1.42), greater than KGI Securities (Thailand) Public Company Limited (1.10), less than Thai Group Holdings Public Company Limited (4.00), greater than SG Capital Public Company Limited (1.80), greater than Asia Sermkij Leasing Public Company Limited (1.09), greater than Next Capital Public Company Limited (1.37), greater than Muang Thai Insurance Public Company Limited (0), greater than Ratchthani Leasing Public Company Limited (1.25), less than XSpring Capital Public Company Limited (56.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.04 | $7.18B | |
| 1.42 | $7.04B | |
| 1.10 | $7.73B | |
| 4.00 | $8.35B | |
| 1.80 | $5.24B | |
| 1.09 | $5.14B | |
| 1.37 | $4.13B | |
| 0 | $9.03B | |
| 1.25 | $10.84B | |
| 56.20 | $4.60B |
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