adidas AG (ADS) - Total Assets
Based on the latest financial reports, adidas AG (ADS) holds total assets worth €20.45 Billion EUR (≈ $23.91 Billion USD) as of March 2026. 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. Check adidas AG (ADS) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
adidas AG - Total Assets Trend (2013–2025)
This chart illustrates how adidas AG's total assets have evolved over time, based on quarterly financial data. Explore adidas AG strategic investment ratio to see how much of total assets are deployed in long-term investments.
adidas AG - Asset Composition Analysis
Current Asset Composition (December 2025)
adidas AG's total assets of €20.45 Billion consist of 59.1% current assets and 40.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.6% |
| Accounts Receivable | €2.63 Billion | 13.0% |
| Inventory | €5.83 Billion | 28.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €443.00 Million | 2.2% |
| Goodwill | €1.20 Billion | 5.9% |
Asset Composition Trend (2013–2025)
This chart illustrates how adidas AG'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 market value of adidas AG.
Key Asset Composition Facts
- Current vs. Non-Current Assets: adidas AG's current assets represent 59.1% of total assets in 2025, a decrease from 59.1% in 2013.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2025, down from 13.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, a decrease from 23.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 28.8% of total assets.
adidas AG Competitors by Total Assets
Key competitors of adidas AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huali Industrial Group Company Limited
SHE:300979
|
China | CN¥23.54 Billion |
|
Harson Trading China Co Ltd
SHG:603958
|
China | CN¥1.78 Billion |
|
Anhui Korrun Co Ltd
SHE:300577
|
China | CN¥6.10 Billion |
|
JS Corp
KO:194370
|
Korea | ₩1.83 Trillion |
|
Hwaseung Enterprise Co Ltd
KO:241590
|
Korea | ₩1.36 Trillion |
|
Grimoldi SA
BA:GRIM
|
Argentina | AR$187.11 Billion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
Brazil | R$4.02 Billion |
adidas AG - 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 | 1.35 | 1.29 | 1.54 |
| Quick Ratio | 0.71 | 0.72 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.19 Billion | €2.58 Billion | €4.97 Billion |
adidas AG - Advanced Valuation Insights
This section examines the relationship between adidas AG'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 | 4.37 |
| Latest Market Cap to Assets Ratio | 1.25 |
| Asset Growth Rate (YoY) | -1.9% |
| Total Assets | €20.26 Billion |
| Market Capitalization | $25.34 Billion USD |
Valuation Analysis
Above Book Valuation: The market values adidas AG's assets above their book value (1.25x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: adidas AG's assets decreased by 1.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for adidas AG (2013–2025)
The table below shows the annual total assets of adidas AG from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €20.26 Billion ≈ $23.69 Billion |
-1.90% |
| 2024-12-31 | €20.66 Billion ≈ $24.15 Billion |
+14.62% |
| 2023-12-31 | €18.02 Billion ≈ $21.07 Billion |
-11.21% |
| 2022-12-31 | €20.30 Billion ≈ $23.73 Billion |
-8.32% |
| 2021-12-31 | €22.14 Billion ≈ $25.88 Billion |
+5.15% |
| 2020-12-31 | €21.05 Billion ≈ $24.61 Billion |
+1.80% |
| 2019-12-31 | €20.68 Billion ≈ $24.18 Billion |
+32.46% |
| 2018-12-31 | €15.61 Billion ≈ $18.25 Billion |
+7.51% |
| 2017-12-31 | €14.52 Billion ≈ $16.98 Billion |
-4.31% |
| 2016-12-31 | €15.18 Billion ≈ $17.74 Billion |
+13.74% |
| 2015-12-31 | €13.34 Billion ≈ $15.60 Billion |
+7.46% |
| 2014-12-31 | €12.42 Billion ≈ $14.52 Billion |
+7.05% |
| 2013-12-31 | €11.60 Billion ≈ $13.56 Billion |
-- |
About adidas AG
adidas AG, together with its subsidiaries, designs, develops, produces, and markets a range of athletic and sports lifestyle products in Europe, Greater China, Japan, South Korea, Latin America, North America, and internationally. The company offers footwear and apparel, as well as accessories and gear, including bags, balls, sunglasses, and fitness equipment under the adidas brand; golf footwear… Read more