ageas SA/NV (AGS) - Total Assets
Based on the latest financial reports, ageas SA/NV (AGS) holds total assets worth €99.48 Billion EUR 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.
ageas SA/NV - Total Assets Trend (2003–2024)
This chart illustrates how ageas SA/NV's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ageas SA/NV - Asset Composition Analysis
Current Asset Composition (December 2024)
ageas SA/NV's total assets of €99.48 Billion consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.1% |
| Accounts Receivable | €2.14 Billion | 2.2% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €984.00 Million | 1.0% |
| Goodwill | €642.00 Million | 0.7% |
Asset Composition Trend (2003–2024)
This chart illustrates how ageas SA/NV'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: ageas SA/NV's current assets represent 2.2% of total assets in 2024, an increase from 1.6% in 2003.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, up from 1.6% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
ageas SA/NV Competitors by Total Assets
Key competitors of ageas SA/NV based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SEOUL GUARANTEE INSURANCE
KO:031210
|
Korea | ₩9.39 Trillion |
|
Allianz Malaysia Bhd
KLSE:1163
|
Malaysia | RM30.49 Billion |
|
MAA Group Bhd
KLSE:1198
|
Malaysia | RM414.90 Million |
|
A Plus Asset Advisor Co Ltd
KO:244920
|
Korea | ₩496.08 Billion |
|
Union Insurance Co Ltd
TW:2816
|
Taiwan | NT$20.11 Billion |
|
Tune Protect Group Bhd
KLSE:5230
|
Malaysia | RM1.20 Billion |
|
WATERDROP INC.ADS/10 CL.A
F:717
|
Germany | €6.61 Billion |
|
Aegon Ltd.
SA:A1EG34
|
Brazil | R$310.63 Billion |
ageas SA/NV - 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 | 0.88 | 8.26 | 1.11 |
| Quick Ratio | 0.88 | 8.26 | 1.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-291.00 Million | €50.42 Billion | €291.60 Million |
ageas SA/NV - Advanced Valuation Insights
This section examines the relationship between ageas SA/NV'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 | 1.46 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | €98.45 Billion |
| Market Capitalization | $12.13 Billion USD |
Valuation Analysis
Below Book Valuation: The market values ageas SA/NV's assets below their book value (0.12x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ageas SA/NV's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ageas SA/NV (2003–2024)
The table below shows the annual total assets of ageas SA/NV from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €98.45 Billion | +1.82% |
| 2023-12-31 | €96.69 Billion | -3.60% |
| 2022-12-31 | €100.30 Billion | -9.75% |
| 2021-12-31 | €111.14 Billion | -0.25% |
| 2020-12-31 | €111.42 Billion | +1.80% |
| 2019-12-31 | €109.45 Billion | +7.63% |
| 2018-12-31 | €101.69 Billion | -1.60% |
| 2017-12-31 | €103.34 Billion | -0.91% |
| 2016-12-31 | €104.29 Billion | -0.18% |
| 2015-12-31 | €104.49 Billion | +0.89% |
| 2014-12-31 | €103.56 Billion | +8.17% |
| 2013-12-31 | €95.74 Billion | -1.42% |
| 2012-12-31 | €97.11 Billion | +7.19% |
| 2011-12-31 | €90.60 Billion | -8.64% |
| 2010-12-31 | €99.17 Billion | +6.35% |
| 2009-12-31 | €93.24 Billion | +0.40% |
| 2008-12-31 | €92.87 Billion | -89.34% |
| 2007-12-31 | €871.18 Billion | +12.38% |
| 2006-12-31 | €775.23 Billion | +6.34% |
| 2005-12-31 | €728.99 Billion | +27.75% |
| 2004-12-31 | €570.65 Billion | +9.06% |
| 2003-12-31 | €523.25 Billion | -- |
About ageas SA/NV
ageas SA/NV, together with its subsidiaries, engages in insurance business. The company operates through five segments: Belgium, Europe, Asia, Reinsurance, and General Account. It provides property, casualty, and life insurance products, as well as pension products; and reinsurance products. The company offers life insurance products include risks related to the health, life, and death of individ… Read more