adidas AG (ADS1) - Total Assets
Based on the latest financial reports, adidas AG (ADS1) holds total assets worth €20.15 Billion EUR (≈ $23.55 Billion USD) 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. See adidas AG (ADS1) shareholders funds for net asset value and shareholders' equity analysis.
adidas AG - Total Assets Trend (2016–2024)
This chart illustrates how adidas AG's total assets have evolved over time, based on quarterly financial data.
adidas AG - Asset Composition Analysis
Current Asset Composition (December 2024)
adidas AG's total assets of €20.15 Billion consist of 57.6% current assets and 42.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 10.3% |
| Accounts Receivable | €2.41 Billion | 11.7% |
| Inventory | €4.99 Billion | 24.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €426.00 Million | 2.1% |
| Goodwill | €1.27 Billion | 6.2% |
Asset Composition Trend (2016–2024)
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 ADS1 stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: adidas AG's current assets represent 57.6% of total assets in 2024, a decrease from 58.6% in 2016.
- Cash Position: Cash and equivalents constituted 10.3% of total assets in 2024, up from 10.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 21.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 24.2% 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 |
|---|---|---|
|
Anhui Korrun Co Ltd
SHE:300577
|
China | CN¥6.10 Billion |
|
Alpargatas S.A
SA:ALPA3
|
Brazil | R$6.10 Billion |
|
Zhejiang Red Dragonfly Footwear Co Ltd
SHG:603116
|
China | CN¥3.67 Billion |
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
China | CN¥3.12 Billion |
|
Fulgent Sun International Holding Co Ltd
TW:9802
|
Taiwan | NT$20.94 Billion |
|
Hwaseung Enterprise Co Ltd
KO:241590
|
Korea | ₩1.36 Trillion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 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 | 1.31 | 1.32 | 1.38 |
| Quick Ratio | 0.71 | 0.78 | 0.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.83 Billion | €2.67 Billion | €3.33 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 | 5.08 |
| Latest Market Cap to Assets Ratio | 1.38 |
| Asset Growth Rate (YoY) | 14.6% |
| Total Assets | €20.66 Billion |
| Market Capitalization | $28.57 Billion USD |
Valuation Analysis
Above Book Valuation: The market values adidas AG's assets above their book value (1.38x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: adidas AG's assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for adidas AG (2016–2024)
The table below shows the annual total assets of adidas AG from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 |
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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