Pirelli & C SPA
Pirelli & C. S.p.A. manufactures and supplies tires for cars, motorcycles, and bicycles in Europe, North America, the Asia-Pacific, South America, Russia, and the MEAI. It offers car tires under the P ZERO, Cinturato, Scorpion, Winter Sottozero, Ice, and Carrier brand names; and motorcycle tires under the DIABLO Superbike, DIABLO SUPERCORSA SP, Diablo Rosso Corsa II, Diablo Rosso Scooter, ANGEL G… Read more
Pirelli & C SPA (2PI) - Total Assets
Latest total assets as of September 2025: €13.12 Billion EUR
Based on the latest financial reports, Pirelli & C SPA (2PI) holds total assets worth €13.12 Billion EUR as of September 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.
Pirelli & C SPA - Total Assets Trend (2016–2024)
This chart illustrates how Pirelli & C SPA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pirelli & C SPA - Asset Composition Analysis
Current Asset Composition (December 2024)
Pirelli & C SPA's total assets of €13.12 Billion consist of 31.2% current assets and 68.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.0% |
| Accounts Receivable | €658.20 Million | 4.8% |
| Inventory | €1.47 Billion | 10.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €3.27 Billion | 23.9% |
| Goodwill | €1.89 Billion | 13.8% |
Asset Composition Trend (2016–2024)
This chart illustrates how Pirelli & C SPA'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: Pirelli & C SPA's current assets represent 31.2% of total assets in 2024, an increase from 25.6% in 2016.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 10.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, a decrease from 44.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 23.9% of total assets.
Pirelli & C SPA Competitors by Total Assets
Key competitors of Pirelli & C SPA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prima Alloy Steel Universal
JK:PRAS
|
Indonesia | Rp1.44 Trillion |
|
Cho Kwang Leat
KO:004700
|
Korea | ₩641.81 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Pirelli & C SPA - 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
Moderate asset utilization - Pirelli & C SPA generates 0.50x 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, Pirelli & C SPA generates $ 3.42 in net profit.
Pirelli & C SPA - 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 | 1.21 | 1.48 | 1.57 |
| Quick Ratio | 0.78 | 0.96 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €682.61 Million | € 1.24 Billion | € 1.57 Billion |
Pirelli & C SPA - Advanced Valuation Insights
This section examines the relationship between Pirelli & C SPA'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 | 1.22 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | 1.1% |
| Total Assets | €13.68 Billion |
| Market Capitalization | $2.16 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Pirelli & C SPA's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Pirelli & C SPA's assets grew by 1.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Pirelli & C SPA (2016–2024)
The table below shows the annual total assets of Pirelli & C SPA from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €13.68 Billion | +1.11% |
| 2023-12-31 | €13.53 Billion | -2.64% |
| 2022-12-31 | €13.90 Billion | +0.10% |
| 2021-12-31 | €13.88 Billion | +0.90% |
| 2020-12-31 | €13.76 Billion | -0.84% |
| 2019-12-31 | €13.88 Billion | +6.48% |
| 2018-12-31 | €13.03 Billion | +2.34% |
| 2017-12-31 | €12.73 Billion | -11.36% |
| 2016-12-31 | €14.37 Billion | -- |