Karelia Tobacco Company Inc (KARE) - Total Assets
Based on the latest financial reports, Karelia Tobacco Company Inc (KARE) holds total assets worth €968.15 Million EUR (≈ $1.13 Billion USD) as of June 2025. 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. See Karelia Tobacco Company Inc (KARE) shareholders funds for net asset value and shareholders' equity analysis.
Karelia Tobacco Company Inc - Total Assets Trend (2014–2024)
This chart illustrates how Karelia Tobacco Company Inc's total assets have evolved over time, based on quarterly financial data.
Karelia Tobacco Company Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Karelia Tobacco Company Inc's total assets of €968.15 Million consist of 78.0% current assets and 22.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 31.5% |
| Accounts Receivable | €14.34 Million | 1.5% |
| Inventory | €77.34 Million | 8.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Karelia Tobacco Company Inc'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 KARE market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Karelia Tobacco Company Inc's current assets represent 78.0% of total assets in 2024, a decrease from 82.6% in 2014.
- Cash Position: Cash and equivalents constituted 31.5% of total assets in 2024, down from 64.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 8.1% of total assets.
Karelia Tobacco Company Inc Competitors by Total Assets
Key competitors of Karelia Tobacco Company Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Philip Morris CR A.S.
PR:TABAK
|
Czech Republic | Kč18.50 Billion |
|
Scandinavian Tobacco Group A/S
CO:STG
|
Denmark | Dkr16.36 Billion |
|
IMPERIAL BRANDS PLC ADR/1
F:ITBA
|
Germany | €28.71 Billion |
|
RLX TECH. SP.ADR/1 CL.A
F:3CM
|
Germany | €17.93 Billion |
|
ITC Limited
NSE:ITC
|
India | Rs908.03 Billion |
|
VST Industries Limited
NSE:VSTIND
|
India | Rs18.86 Billion |
|
Golden Tobacco Limited
NSE:GOLDENTOBC
|
India | Rs1.49 Billion |
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
Indonesia | Rp51.91 Trillion |
Karelia Tobacco Company Inc - 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 | 4.30 | 4.52 | 5.75 |
| Quick Ratio | 3.98 | 4.11 | 5.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €559.29 Million | €556.02 Million | €415.07 Million |
Karelia Tobacco Company Inc - Advanced Valuation Insights
This section examines the relationship between Karelia Tobacco Company Inc'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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | 10.5% |
| Total Assets | €953.11 Million |
| Market Capitalization | $938.40 Million USD |
Valuation Analysis
Near Book Valuation: The market values Karelia Tobacco Company Inc's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Karelia Tobacco Company Inc's assets grew by 10.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Karelia Tobacco Company Inc (2014–2024)
The table below shows the annual total assets of Karelia Tobacco Company Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €953.11 Million ≈ $1.11 Billion |
+10.48% |
| 2023-12-31 | €862.70 Million ≈ $1.01 Billion |
+8.08% |
| 2022-12-31 | €798.21 Million ≈ $933.19 Million |
+12.38% |
| 2021-12-31 | €710.26 Million ≈ $830.37 Million |
+13.48% |
| 2020-12-31 | €625.88 Million ≈ $731.71 Million |
+1.03% |
| 2019-12-31 | €619.48 Million ≈ $724.24 Million |
+5.69% |
| 2018-12-31 | €586.15 Million ≈ $685.27 Million |
+4.83% |
| 2017-12-31 | €559.16 Million ≈ $653.71 Million |
-0.12% |
| 2016-12-31 | €559.84 Million ≈ $654.51 Million |
+18.85% |
| 2015-12-31 | €471.07 Million ≈ $550.73 Million |
+15.70% |
| 2014-12-31 | €407.14 Million ≈ $475.99 Million |
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About Karelia Tobacco Company Inc
Karelia Tobacco Company Inc. engages in the manufacture and wholesale of tobacco products in European Union, Africa, Asia, Greece, and Other European countries. The company provides cigarettes, cigars, hand rolling cigarettes, and other duty free tobacco products under the George Karelias and Sons, Omé, Karelia Slims, Karelia Blue, Oriental Mist, American Legend, Leader, Karelia Royal, and Wellin… Read more