Frigoglass S.A.I.C. (FRIGO) - Total Assets
Based on the latest financial reports, Frigoglass S.A.I.C. (FRIGO) holds total assets worth €1.02 Million EUR (≈ $1.19 Million USD) 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. Explore FRIGO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Frigoglass S.A.I.C. - Total Assets Trend (2014–2023)
This chart illustrates how Frigoglass S.A.I.C.'s total assets have evolved over time, based on quarterly financial data. See Frigoglass S.A.I.C. net assets for net asset value and shareholders' equity analysis.
Frigoglass S.A.I.C. - Asset Composition Analysis
Current Asset Composition (December 2023)
Frigoglass S.A.I.C.'s total assets of €1.02 Million consist of 71.7% current assets and 28.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 38.4% |
| Accounts Receivable | €0.00 | 0.0% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Frigoglass S.A.I.C.'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. For live market cap, price, and company overview, see Frigoglass S.A.I.C. (FRIGO) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Frigoglass S.A.I.C.'s current assets represent 71.7% of total assets in 2023, an increase from 58.1% in 2014.
- Cash Position: Cash and equivalents constituted 38.4% of total assets in 2023, up from 12.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Frigoglass S.A.I.C. Competitors by Total Assets
Key competitors of Frigoglass S.A.I.C. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
F:VWSA
|
Germany | €26.71 Billion |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $1.20 Billion |
|
FLSmidth & Co.
CO:FLS
|
Denmark | Dkr22.09 Billion |
|
SIASUN Robot Automation Co
SHE:300024
|
China | CN¥11.88 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
China | CN¥19.87 Billion |
|
Hpsp Co Ltd
KQ:403870
|
Korea | ₩392.68 Billion |
|
Hyundai Elevator
KO:017800
|
Korea | ₩3.75 Trillion |
|
DUERR AG UNSP.ADR 1/5
F:DUEB
|
Germany | €4.66 Billion |
Frigoglass S.A.I.C. - 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 | 2.71 | 3.37 | 1.41 |
| Quick Ratio | 2.71 | 3.37 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €435.00K | €892.00K | €93.05 Million |
Frigoglass S.A.I.C. - Advanced Valuation Insights
This section examines the relationship between Frigoglass S.A.I.C.'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 | 3.90 |
| Latest Market Cap to Assets Ratio | 37.57 |
| Asset Growth Rate (YoY) | -98.5% |
| Total Assets | €1.16 Million |
| Market Capitalization | $43.62 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Frigoglass S.A.I.C.'s assets at a significant premium (37.57x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Frigoglass S.A.I.C.'s assets decreased by 98.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Frigoglass S.A.I.C. (2014–2023)
The table below shows the annual total assets of Frigoglass S.A.I.C. from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €1.16 Million ≈ $1.36 Million |
-98.50% |
| 2022-12-31 | €77.31 Million ≈ $90.39 Million |
-80.89% |
| 2021-12-31 | €404.46 Million ≈ $472.86 Million |
+14.15% |
| 2020-12-31 | €354.31 Million ≈ $414.23 Million |
-20.09% |
| 2019-12-31 | €443.39 Million ≈ $518.37 Million |
+11.94% |
| 2018-12-31 | €396.10 Million ≈ $463.08 Million |
+1.35% |
| 2017-12-31 | €390.83 Million ≈ $456.93 Million |
-4.08% |
| 2016-12-31 | €407.46 Million ≈ $476.37 Million |
-22.34% |
| 2015-12-31 | €524.71 Million ≈ $613.44 Million |
-4.50% |
| 2014-12-31 | €549.41 Million ≈ $642.31 Million |
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About Frigoglass S.A.I.C.
Frigoglass S.A.I.C., together with its subsidiaries, manufactures, trades in, and distributes commercial refrigeration units and packaging materials for the beverage industry. The company operates through Ice Cold Merchandise Operations and Glass Operations segments. It also offers glass containers and bottles, plastic crates, metal crowns, and other containers primarily for soft drinks, beer, fo… Read more