AVE S.A.
AVE S.A. engages in the distribution of telecommunication products and technology primarily in Greece and Cyprus. It is also involved in the distribution of videogames and related accessories; provision of audio and video services; distribution of films in cinema and television; and marketing of stationery consumables. The company was formerly known as Audio Visual Enterprises S.A. and changed it… Read more
AVE S.A. (AVE) - Total Assets
Latest total assets as of June 2024: €48.05 Million EUR
Based on the latest financial reports, AVE S.A. (AVE) holds total assets worth €48.05 Million EUR as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
AVE S.A. - Total Assets Trend (2014–2023)
This chart illustrates how AVE S.A.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AVE S.A. - Asset Composition Analysis
Current Asset Composition (December 2023)
AVE S.A.'s total assets of €48.05 Million consist of 33.1% current assets and 66.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 8.5% |
| Accounts Receivable | €3.21 Million | 6.6% |
| Inventory | €2.44 Million | 5.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €16.12 Million | 33.0% |
| Goodwill | €3.71 Million | 7.6% |
Asset Composition Trend (2014–2023)
This chart illustrates how AVE S.A.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AVE S.A.'s current assets represent 33.1% of total assets in 2023, an increase from 17.2% in 2014.
- Cash Position: Cash and equivalents constituted 8.5% of total assets in 2023, up from 0.4% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 36.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 33.0% of total assets.
AVE S.A. Competitors by Total Assets
Key competitors of AVE S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AVP Inc
PINK:AVPI
|
USA | $9.23 Million |
|
Club De Futbol Intercity Sad
MC:CITY
|
Spain | €1.07 Million |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.13 Trillion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
AVE S.A. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - AVE S.A. generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AVE S.A. is currently not profitable relative to its asset base.
AVE S.A. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.84 | 0.56 |
| Quick Ratio | 0.78 | 0.79 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.68 Million | € -2.36 Million | € -37.63 Million |
AVE S.A. - Advanced Valuation Insights
This section examines the relationship between AVE S.A.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.75 |
| Latest Market Cap to Assets Ratio | 0.84 |
| Asset Growth Rate (YoY) | -42.7% |
| Total Assets | €48.91 Million |
| Market Capitalization | $40.99 Million USD |
Valuation Analysis
Near Book Valuation: The market values AVE S.A.'s assets close to their book value ( 0.84x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: AVE S.A.'s assets decreased by 42.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for AVE S.A. (2014–2023)
The table below shows the annual total assets of AVE S.A. from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €48.91 Million | -42.70% |
| 2022-12-31 | €85.37 Million | -19.30% |
| 2021-12-31 | €105.78 Million | -16.06% |
| 2020-12-31 | €126.02 Million | -23.36% |
| 2019-12-31 | €164.44 Million | +26.29% |
| 2018-12-31 | €130.21 Million | -18.88% |
| 2017-12-31 | €160.52 Million | -9.99% |
| 2016-12-31 | €178.35 Million | -2.58% |
| 2015-12-31 | €183.07 Million | -1.12% |
| 2014-12-31 | €185.13 Million | -- |