TIETO CORPORATION
TIETO CORPORATION operates in Diversified Metals & Mining.
TIETO CORPORATION (TTEB) - Total Assets
Latest total assets as of September 2024: €3.28 Billion EUR
Based on the latest financial reports, TIETO CORPORATION (TTEB) holds total assets worth €3.28 Billion EUR as of September 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.
TIETO CORPORATION - Total Assets Trend (2016–2023)
This chart illustrates how TIETO CORPORATION’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TIETO CORPORATION - Asset Composition Analysis
Current Asset Composition (December 2023)
TIETO CORPORATION's total assets of €3.28 Billion consist of 25.9% current assets and 74.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.2% |
| Accounts Receivable | €476.80 Million | 13.6% |
| Inventory | €8.60 Million | 0.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €339.40 Million | 9.7% |
| Goodwill | €1.91 Billion | 54.2% |
Asset Composition Trend (2016–2023)
This chart illustrates how TIETO CORPORATION'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: TIETO CORPORATION's current assets represent 25.9% of total assets in 2023, a decrease from 43.7% in 2016.
- Cash Position: Cash and equivalents constituted 6.2% of total assets in 2023, up from 5.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 42.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 54.2% of total assets.
TIETO CORPORATION Competitors by Total Assets
Key competitors of TIETO CORPORATION based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
J.B.HUNT TRANSP - Dusseldorf Stock Exchang
DU:JB1
|
Germany | €8.33 Billion |
|
J.B.HUNT TRANSP
MU:JB1
|
Germany | €8.33 Billion |
|
JB HI-FI (JB3.SG)
STU:JB3
|
Germany | €3.49 Billion |
|
JABIL CIRCUIT - Dusseldorf Stock Exchang
DU:JBL
|
Germany | €17.45 Billion |
|
JBS ON NM
SA:JBSS3F
|
Brazil | R$214.51 Billion |
|
JIANGSU EXPRESS -H- (JE2.SG)
STU:JE2
|
Germany | €84.00 Billion |
|
JACOBS ENGIN GROUP - Dusseldorf Stock Exchang
DU:JEG
|
Germany | €15.05 Billion |
|
VISTA GOLD
BE:JEJ
|
Germany | €20.10 Million |
TIETO CORPORATION - 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
Strong asset utilization - TIETO CORPORATION generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, TIETO CORPORATION generates $ 4.89 in net profit.
TIETO CORPORATION - 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 | 0.76 | 0.76 | 0.75 |
| Quick Ratio | 0.76 | 0.76 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-243.00 Million | € -272.30 Million | € -295.00 Million |
TIETO CORPORATION - Advanced Valuation Insights
This section examines the relationship between TIETO CORPORATION'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.7% |
| Total Assets | €3.52 Billion |
| Market Capitalization | $184.86K USD |
Valuation Analysis
Below Book Valuation: The market values TIETO CORPORATION's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TIETO CORPORATION's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TIETO CORPORATION (2016–2023)
The table below shows the annual total assets of TIETO CORPORATION from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €3.52 Billion | +3.67% |
| 2022-12-31 | €3.39 Billion | -5.39% |
| 2021-12-31 | €3.59 Billion | -0.49% |
| 2020-12-31 | €3.60 Billion | -6.59% |
| 2019-12-31 | €3.86 Billion | +222.24% |
| 2018-12-31 | €1.20 Billion | +4.32% |
| 2017-12-31 | €1.15 Billion | +6.84% |
| 2016-12-31 | €1.07 Billion | -- |