The a2 Milk Company Ltd (A2M) - Total Assets
Based on the latest financial reports, The a2 Milk Company Ltd (A2M) holds total assets worth AU$1.96 Billion AUD (≈ $1.39 Billion USD) as of June 2026. 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.
The a2 Milk Company Ltd - Total Assets Trend (2004–2026)
This chart illustrates how The a2 Milk Company Ltd's total assets have evolved over time, based on quarterly financial data. Also see The a2 Milk Company Ltd market cap and net worth for the company's overall valuation and market capitalisation.
The a2 Milk Company Ltd - Asset Composition Analysis
Current Asset Composition (June 2026)
The a2 Milk Company Ltd's total assets of AU$1.96 Billion consist of 68.9% current assets and 31.1% non-current assets. Review The a2 Milk Company Ltd debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 34.9% |
| Accounts Receivable | AU$172.09 Million | 8.8% |
| Inventory | AU$290.34 Million | 14.8% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$18.58 Million | 1.0% |
| Goodwill | AU$205.49 Million | 10.5% |
Asset Composition Trend (2004–2026)
This chart illustrates how The a2 Milk Company Ltd'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. See current stock price of The a2 Milk Company Ltd for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: The a2 Milk Company Ltd's current assets represent 68.9% of total assets in 2026, an increase from 1.9% in 2004.
- Cash Position: Cash and equivalents constituted 34.9% of total assets in 2026, up from 0.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 97.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 14.8% of total assets.
The a2 Milk Company Ltd Competitors by Total Assets
Key competitors of The a2 Milk Company Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
B&G Foods Inc
NYSE:BGS
|
USA | $2.83 Billion |
|
Saputo Inc
TO:SAP
|
Canada | CA$13.61 Billion |
|
Lotus Bakeries
BR:LOTB
|
Belgium | €1.54 Billion |
|
COFCO Tunhe Sugar Co Ltd
SHG:600737
|
China | CN¥22.01 Billion |
|
Nongshim
KO:004370
|
Korea | ₩4.00 Trillion |
|
Grupo Bimbo S.A.B. de C.V
MX:BIMBOA
|
Mexico | MX$414.57 Billion |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
India | Rs42.35 Billion |
|
Juewei Food Co Ltd
SHG:603517
|
China | CN¥8.18 Billion |
The a2 Milk Company Ltd - 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 | 1.61 | 3.22 | 3.99 |
| Quick Ratio | 1.26 | 2.91 | 3.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$510.17 Million | AU$1.00 Billion | AU$822.20 Million |
The a2 Milk Company Ltd - Advanced Valuation Insights
This section examines the relationship between The a2 Milk Company Ltd'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 | 5.56 |
| Latest Market Cap to Assets Ratio | 1.76 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | AU$1.96 Billion |
| Market Capitalization | $3.45 Billion USD |
Valuation Analysis
Above Book Valuation: The market values The a2 Milk Company Ltd's assets above their book value (1.76x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: The a2 Milk Company Ltd's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for The a2 Milk Company Ltd (2004–2026)
The table below shows the annual total assets of The a2 Milk Company Ltd from 2004 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-06-30 | AU$1.96 Billion ≈ $1.39 Billion |
+0.90% |
| 2025-06-30 | AU$1.94 Billion ≈ $1.37 Billion |
+11.95% |
| 2024-06-30 | AU$1.73 Billion ≈ $1.23 Billion |
+7.64% |
| 2023-06-30 | AU$1.61 Billion ≈ $1.14 Billion |
-6.07% |
| 2022-06-30 | AU$1.72 Billion ≈ $1.21 Billion |
+25.06% |
| 2021-06-30 | AU$1.37 Billion ≈ $970.79 Million |
-5.59% |
| 2020-06-30 | AU$1.45 Billion ≈ $1.03 Billion |
+44.33% |
| 2019-06-30 | AU$1.01 Billion ≈ $712.50 Million |
+40.60% |
| 2018-06-30 | AU$716.22 Million ≈ $506.77 Million |
+108.25% |
| 2017-06-30 | AU$343.93 Million ≈ $243.35 Million |
+63.66% |
| 2016-06-30 | AU$210.15 Million ≈ $148.70 Million |
+136.48% |
| 2015-06-30 | AU$88.87 Million ≈ $62.88 Million |
+15.95% |
| 2014-06-30 | AU$76.64 Million ≈ $54.23 Million |
+5.85% |
| 2013-06-30 | AU$72.40 Million ≈ $51.23 Million |
+45.76% |
| 2012-06-30 | AU$49.67 Million ≈ $35.15 Million |
+51.77% |
| 2011-06-30 | AU$32.73 Million ≈ $23.16 Million |
+295.65% |
| 2010-06-30 | AU$8.27 Million ≈ $5.85 Million |
+923.78% |
| 2008-06-30 | AU$808.02K ≈ $571.73K |
-77.82% |
| 2007-06-30 | AU$3.64 Million ≈ $2.58 Million |
+1448.16% |
| 2005-06-30 | AU$235.31K ≈ $166.50K |
-96.57% |
| 2004-06-30 | AU$6.86 Million ≈ $4.85 Million |
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About The a2 Milk Company Ltd
The a2 Milk Company Limited, together with its subsidiaries, sells A2-type protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. The company offers infant milk formula, milk, and other nutritional products under the a2 Milk and a2 Platinum brands. It also provides rent, royalty, and licensing services. The company was formerly known … Read more