ENEFIT GREEN AS (I6B) - Total Assets
Based on the latest financial reports, ENEFIT GREEN AS (I6B) holds total assets worth €1.09 Billion EUR (≈ $1.28 Billion USD) as of March 2023. 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 I6B total equity for net asset value and shareholders' equity analysis.
ENEFIT GREEN AS - Total Assets Trend (2019–2022)
This chart illustrates how ENEFIT GREEN AS's total assets have evolved over time, based on quarterly financial data.
ENEFIT GREEN AS - Asset Composition Analysis
Current Asset Composition (December 2022)
ENEFIT GREEN AS's total assets of €1.09 Billion consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 12.4% |
| Accounts Receivable | €10.49 Million | 1.0% |
| Inventory | €14.23 Million | 1.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €6.02 Million | 0.6% |
| Goodwill | €58.60 Million | 5.5% |
Asset Composition Trend (2019–2022)
This chart illustrates how ENEFIT GREEN AS'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 cap of ENEFIT GREEN AS.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ENEFIT GREEN AS's current assets represent 17.9% of total assets in 2022, an increase from 5.2% in 2019.
- Cash Position: Cash and equivalents constituted 12.4% of total assets in 2022, up from 1.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, a decrease from 8.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 5.5% of total assets.
ENEFIT GREEN AS Competitors by Total Assets
Key competitors of ENEFIT GREEN AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
ENEFIT GREEN AS - 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 | 2.64 | 2.67 | 2.67 |
| Quick Ratio | 2.48 | 2.33 | 2.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €86.86 Million | €81.63 Million | €81.63 Million |
ENEFIT GREEN AS - Advanced Valuation Insights
This section examines the relationship between ENEFIT GREEN AS'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 | 1.08 |
| Latest Market Cap to Assets Ratio | 0.79 |
| Asset Growth Rate (YoY) | 30.1% |
| Total Assets | €1.06 Billion |
| Market Capitalization | $841.72 Million USD |
Valuation Analysis
Below Book Valuation: The market values ENEFIT GREEN AS's assets below their book value (0.79x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ENEFIT GREEN AS's assets grew by 30.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ENEFIT GREEN AS (2019–2022)
The table below shows the annual total assets of ENEFIT GREEN AS from 2019 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €1.06 Billion ≈ $1.24 Billion |
+30.15% |
| 2021-12-31 | €817.66 Million ≈ $955.93 Million |
+10.58% |
| 2020-12-31 | €739.44 Million ≈ $864.49 Million |
+1.27% |
| 2019-12-31 | €730.20 Million ≈ $853.68 Million |
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About ENEFIT GREEN AS
Enefit Green AS engages in the production of renewable energy. It operates through Wind Energy, Cogeneration, Solar energy, and Other segments. The company produces electricity primarily from wind, solar, mixed municipal waste, and hydro. It operates in Estonia, Latvia, Lithuania, Poland, and Finland. The company was incorporated in 2005 and is headquartered in Tallinn, Estonia. Enefit Green AS o… Read more