Tessenderlo (TESB) - Total Assets
Based on the latest financial reports, Tessenderlo (TESB) holds total assets worth €2.83 Billion EUR (≈ $3.31 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 Tessenderlo book value and equity for net asset value and shareholders' equity analysis.
Tessenderlo - Total Assets Trend (2000–2024)
This chart illustrates how Tessenderlo's total assets have evolved over time, based on quarterly financial data.
Tessenderlo - Asset Composition Analysis
Current Asset Composition (December 2024)
Tessenderlo's total assets of €2.83 Billion consist of 42.7% current assets and 57.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.1% |
| Accounts Receivable | €438.20 Million | 14.8% |
| Inventory | €560.30 Million | 18.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €244.10 Million | 8.2% |
| Goodwill | €74.80 Million | 2.5% |
Asset Composition Trend (2000–2024)
This chart illustrates how Tessenderlo'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 TESB market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tessenderlo's current assets represent 42.7% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, up from 1.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, unchanged from 10.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 18.9% of total assets.
Tessenderlo Competitors by Total Assets
Key competitors of Tessenderlo based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nutrien Ltd
TO:NTR
|
Canada | CA$51.83 Billion |
|
Hubei Forbon Technology Co Ltd
SHE:300387
|
China | CN¥2.03 Billion |
|
Guangdong Tianhe Agricultural Means
SHE:002999
|
China | CN¥7.27 Billion |
|
Sung Bo Chem
KO:003080
|
Korea | ₩246.01 Billion |
|
Insumos Agroquimicos SA
BA:INAG
|
Argentina | AR$45.35 Billion |
|
Nufarm Ltd
AU:NUF
|
Australia | AU$4.58 Billion |
|
Minbos Resources Ltd
AU:MNB
|
Australia | AU$38.17 Million |
|
RLF Agtech Ltd
AU:RLF
|
Australia | AU$24.62 Million |
Tessenderlo - 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 | 1.94 | 2.40 | 2.42 |
| Quick Ratio | 1.18 | 1.33 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €607.20 Million | €734.90 Million | €485.00 Million |
Tessenderlo - Advanced Valuation Insights
This section examines the relationship between Tessenderlo'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 | 0.94 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | €2.97 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tessenderlo's assets below their book value (0.49x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tessenderlo's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tessenderlo (2000–2024)
The table below shows the annual total assets of Tessenderlo from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €2.97 Billion ≈ $3.47 Billion |
+1.88% |
| 2023-12-31 | €2.91 Billion ≈ $3.41 Billion |
+26.68% |
| 2022-12-31 | €2.30 Billion ≈ $2.69 Billion |
+4.25% |
| 2021-12-31 | €2.21 Billion ≈ $2.58 Billion |
+12.24% |
| 2020-12-31 | €1.97 Billion ≈ $2.30 Billion |
+2.88% |
| 2019-12-31 | €1.91 Billion ≈ $2.23 Billion |
+4.01% |
| 2018-12-31 | €1.84 Billion ≈ $2.15 Billion |
+30.17% |
| 2017-12-31 | €1.41 Billion ≈ $1.65 Billion |
+3.89% |
| 2016-12-31 | €1.36 Billion ≈ $1.59 Billion |
+4.23% |
| 2015-12-31 | €1.30 Billion ≈ $1.52 Billion |
+9.97% |
| 2014-12-31 | €1.19 Billion ≈ $1.39 Billion |
+8.76% |
| 2013-12-31 | €1.09 Billion ≈ $1.27 Billion |
-15.39% |
| 2012-12-31 | €1.29 Billion ≈ $1.51 Billion |
-6.63% |
| 2011-12-31 | €1.38 Billion ≈ $1.61 Billion |
-18.67% |
| 2010-12-31 | €1.70 Billion ≈ $1.98 Billion |
+7.60% |
| 2009-12-31 | €1.58 Billion ≈ $1.84 Billion |
-13.03% |
| 2008-12-31 | €1.81 Billion ≈ $2.12 Billion |
+7.71% |
| 2007-12-31 | €1.68 Billion ≈ $1.97 Billion |
-1.32% |
| 2006-12-31 | €1.71 Billion ≈ $1.99 Billion |
-0.34% |
| 2005-12-31 | €1.71 Billion ≈ $2.00 Billion |
+6.54% |
| 2004-12-31 | €1.61 Billion ≈ $1.88 Billion |
+1.13% |
| 2003-12-31 | €1.59 Billion ≈ $1.86 Billion |
-0.85% |
| 2002-12-31 | €1.60 Billion ≈ $1.87 Billion |
-6.57% |
| 2001-12-31 | €1.71 Billion ≈ $2.00 Billion |
+11.93% |
| 2000-12-31 | €1.53 Billion ≈ $1.79 Billion |
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About Tessenderlo
Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide. It operates through five segments: Agro, Bio-Valorization, Industrial Solutions, Machines & Technologies, and T-Power. The Agro segment engages in the production, marketing, and trading of … Read more