Green Hydrogen Systems AS (GREENH) - Total Assets
Based on the latest financial reports, Green Hydrogen Systems AS (GREENH) holds total assets worth Dkr2.21 Billion DKK (≈ $345.84 Million USD) as of June 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. Explore debt repayment capacity of Green Hydrogen Systems AS to assess how comfortably operating cash covers total debt obligations.
Green Hydrogen Systems AS - Total Assets Trend (2017–2023)
This chart illustrates how Green Hydrogen Systems AS's total assets have evolved over time, based on quarterly financial data. See what is Green Hydrogen Systems AS's book value for net asset value and shareholders' equity analysis.
Green Hydrogen Systems AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Green Hydrogen Systems AS's total assets of Dkr2.21 Billion consist of 33.0% current assets and 67.0% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 6.5% |
| Accounts Receivable | Dkr66.20 Million | 2.8% |
| Inventory | Dkr205.80 Million | 8.7% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr261.54 Million | 11.1% |
| Goodwill | Dkr-120.53 Million | -5.1% |
Asset Composition Trend (2017–2023)
This chart illustrates how Green Hydrogen Systems AS'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 Green Hydrogen Systems AS (GREENH) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Green Hydrogen Systems AS's current assets represent 33.0% of total assets in 2023, a decrease from 70.9% in 2017.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2023, down from 12.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 11.1% of total assets.
Green Hydrogen Systems AS Competitors by Total Assets
Key competitors of Green Hydrogen Systems AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$47.38 Billion |
|
Akfen Yenilenebilir Enerji A.S.
IS:AKFYE
|
Turkey | TL47.25 Billion |
|
XCF Global, Inc. Class A Common Stock
NASDAQ:SAFX
|
USA | $408.72 Million |
|
Hydrogene De France SA
PA:HDF
|
France | €91.29 Million |
|
Janus Electric Holdings Ltd
AU:JNS
|
Australia | AU$12.54 Million |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
LGI Ltd
AU:LGI
|
Australia | AU$113.07 Million |
|
Frontier Energy Ltd
AU:FHE
|
Australia | AU$90.43 Million |
Green Hydrogen Systems AS - 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 | 0.86 | 0.70 | 3.30 |
| Quick Ratio | 0.64 | 0.50 | 3.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr-162.66 Million | Dkr-296.65 Million | Dkr122.03 Million |
Green Hydrogen Systems AS - Advanced Valuation Insights
This section examines the relationship between Green Hydrogen Systems AS'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 | 0.11 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 52.6% |
| Total Assets | Dkr2.37 Billion |
| Market Capitalization | $12.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Green Hydrogen Systems AS's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Green Hydrogen Systems AS's assets grew by 52.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Green Hydrogen Systems AS (2017–2023)
The table below shows the annual total assets of Green Hydrogen Systems AS from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Dkr2.37 Billion ≈ $370.18 Million |
+52.65% |
| 2022-12-31 | Dkr1.55 Billion ≈ $242.51 Million |
+19.69% |
| 2021-12-31 | Dkr1.30 Billion ≈ $202.61 Million |
+456.04% |
| 2020-12-31 | Dkr232.90 Million ≈ $36.44 Million |
+469.31% |
| 2019-12-31 | Dkr40.91 Million ≈ $6.40 Million |
+182.25% |
| 2018-12-31 | Dkr14.49 Million ≈ $2.27 Million |
+104.31% |
| 2017-12-31 | Dkr7.09 Million ≈ $1.11 Million |
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About Green Hydrogen Systems AS
Green Hydrogen Systems A/S develops and produces electrolysers for hydrogen production based on renewable energy in United Kingdom, Norway, Chile, and Switzerland. The company engages in the installation and sales of electrolysis solutions, as well as provides installed systems services. Its services is used in direct application for decarbonization of industry feedstock and heavy-duty and long r… Read more