TECH INVEST GROUP ZY-02 Total Assets
TECH INVEST GROUP ZY-02 total assets. Based on the latest financial reports, TECH INVEST GROUP ZY-02 (6N2) holds total assets worth €11.40 Million EUR (≈ $13.33 Million USD) 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. Also see TECH INVEST GROUP ZY-02 (6N2) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of TECH INVEST GROUP ZY-02 (2021–2023)
Total assets of TECH INVEST GROUP ZY-02 from 2021 to 2023. This chart illustrates how TECH INVEST GROUP ZY-02's total assets have evolved over time, based on quarterly financial data. See today's stock price for TECH INVEST GROUP ZY-02 for real-time trading data and today's change.
TECH INVEST GROUP ZY-02 - Asset Composition Analysis
TECH INVEST GROUP ZY-02 Total Assets Breakdown (December 2023)
TECH INVEST GROUP ZY-02 total assets breakdown as of December 2023. TECH INVEST GROUP ZY-02's total assets of €11.40 Million consist of 66.5% current assets and 33.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 23.3% |
| Accounts Receivable | €3.29 Million | 19.5% |
| Inventory | €1.30 Million | 7.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how TECH INVEST GROUP ZY-02'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. Explore 6N2 current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TECH INVEST GROUP ZY-02's current assets represent 66.5% of total assets in 2023, a decrease from 69.2% in 2021.
- Cash Position: Cash and equivalents constituted 23.3% of total assets in 2023, up from 10.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 397.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 19.5% of total assets.
TECH INVEST GROUP ZY-02 Competitors by Total Assets
Key competitors of TECH INVEST GROUP ZY-02 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥17.10 Billion |
|
Solaer Israel Ltd
TA:SOLR
|
Israel | ILA1.89 Billion |
|
Websol Energy System Limited
NSE:WEBELSOLAR
|
India | Rs7.09 Billion |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
Turkey | TL11.80 Billion |
|
COLUMBUS ENERGY S.A. ZY 7
F:0Q8
|
Germany | €243.59 Million |
|
Global PVQ SE
HM:QCE
|
Germany | €1.22 Billion |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
TECH INVEST GROUP ZY-02 - 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 | 0.96 | 1.04 | - |
| Quick Ratio | 0.78 | 0.85 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | €-265.00K | €264.27K | - |
TECH INVEST GROUP ZY-02 - Advanced Valuation Insights
This section examines the relationship between TECH INVEST GROUP ZY-02'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 | 3.85 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -12.1% |
| Total Assets | €16.92 Million |
| Market Capitalization | $2.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values TECH INVEST GROUP ZY-02's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TECH INVEST GROUP ZY-02's assets decreased by 12.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TECH INVEST GROUP ZY-02 (2021–2023)
The table below shows the annual total assets of TECH INVEST GROUP ZY-02 from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €16.92 Million ≈ $19.78 Million |
-12.12% |
| 2022-12-31 | €19.25 Million ≈ $22.50 Million |
-21.76% |
| 2021-12-31 | €24.60 Million ≈ $28.76 Million |
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About TECH INVEST GROUP ZY-02
Erato Energy S.A. engages in the photovoltaic installation business in Poland. It offers photovoltaic design, assembly, and installation services for homes, businesses, industries, and farmers. The company was formerly known as Erato Energy Alternatywna Spólka Inwestycyjna Spólka Akcyjna and changed its name to Erato Energy S.A. in February 2022. The company was incorporated in 2010 and is headqu… Read more