TechTarget Inc
TechTarget, Inc., together with its subsidiaries, provides marketing and sales services that deliver business impact for business-to-business technology companies in North America and internationally. The company's service enables technology vendors to identify, reach, and influence corporate information technology (IT) decision-makers actively researching specific IT purchases; and customized ma… Read more
TechTarget Inc (EFT) - Total Assets
Latest total assets as of June 2024: €717.15 Million EUR
Based on the latest financial reports, TechTarget Inc (EFT) holds total assets worth €717.15 Million EUR 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.
TechTarget Inc - Total Assets Trend (2014–2023)
This chart illustrates how TechTarget Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TechTarget Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
TechTarget Inc's total assets of €717.15 Million consist of 53.1% current assets and 46.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 32.4% |
| Accounts Receivable | €39.24 Million | 5.6% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €89.16 Million | 12.7% |
| Goodwill | €194.07 Million | 27.7% |
Asset Composition Trend (2014–2023)
This chart illustrates how TechTarget Inc'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: TechTarget Inc's current assets represent 53.1% of total assets in 2023, an increase from 30.1% in 2014.
- Cash Position: Cash and equivalents constituted 32.4% of total assets in 2023, up from 10.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, a decrease from 53.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 27.7% of total assets.
TechTarget Inc Competitors by Total Assets
Key competitors of TechTarget Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
TechTarget Inc - 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
Lower asset utilization - TechTarget Inc generates 0.33x 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, TechTarget Inc generates $ 0.64 in net profit.
TechTarget Inc - 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 | 9.35 | 9.84 | 5.46 |
| Quick Ratio | 9.35 | 9.84 | 5.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €347.12 Million | € 351.64 Million | € 66.25 Million |
TechTarget Inc - Advanced Valuation Insights
This section examines the relationship between TechTarget Inc'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 | 3.69 |
| Latest Market Cap to Assets Ratio | 0.97 |
| Asset Growth Rate (YoY) | -8.5% |
| Total Assets | €699.89 Million |
| Market Capitalization | $682.09 Million USD |
Valuation Analysis
Near Book Valuation: The market values TechTarget Inc's assets close to their book value ( 0.97x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: TechTarget Inc's assets decreased by 8.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TechTarget Inc (2014–2023)
The table below shows the annual total assets of TechTarget Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €699.89 Million | -8.48% |
| 2022-12-31 | €764.72 Million | -3.08% |
| 2021-12-31 | €789.00 Million | +72.81% |
| 2020-12-31 | €456.57 Million | +106.03% |
| 2019-12-31 | €221.61 Million | +25.58% |
| 2018-12-31 | €176.46 Million | +1.90% |
| 2017-12-31 | €173.17 Million | +1.82% |
| 2016-12-31 | €170.08 Million | -4.38% |
| 2015-12-31 | €177.86 Million | +0.21% |
| 2014-12-31 | €177.48 Million | -- |