Itissalat Al-Maghrib (IAM) S.A (MSPA) - Total Assets
Based on the latest financial reports, Itissalat Al-Maghrib (IAM) S.A (MSPA) holds total assets worth €70.37 Billion EUR (≈ $82.27 Billion USD) as of June 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.
Itissalat Al-Maghrib (IAM) S.A - Total Assets Trend (2013–2025)
This chart illustrates how Itissalat Al-Maghrib (IAM) S.A's total assets have evolved over time, based on quarterly financial data. Also see MSPA company net worth for the company's overall valuation and market capitalisation.
Itissalat Al-Maghrib (IAM) S.A - Asset Composition Analysis
Current Asset Composition (December 2025)
Itissalat Al-Maghrib (IAM) S.A's total assets of €70.37 Billion consist of 20.0% current assets and 80.0% non-current assets. Review MSPA total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.6% |
| Accounts Receivable | €9.39 Billion | 12.4% |
| Inventory | €451.00 Million | 0.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €11.65 Billion | 15.4% |
| Goodwill | €9.09 Billion | 12.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how Itissalat Al-Maghrib (IAM) S.A'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. See MSPA stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Itissalat Al-Maghrib (IAM) S.A's current assets represent 20.0% of total assets in 2025, a decrease from 23.9% in 2013.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2025, up from 2.3% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 27.0% of total assets, an increase from 20.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 15.4% of total assets.
Itissalat Al-Maghrib (IAM) S.A Competitors by Total Assets
Key competitors of Itissalat Al-Maghrib (IAM) S.A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Telecom Corp Ltd
SHG:601728
|
China | CN¥876.05 Billion |
|
China Bester Group Telecom Co Ltd
SHG:603220
|
China | CN¥11.79 Billion |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
Chile | CL$5.65 Trillion |
|
Hutchison Telecommunications (Australia) Ltd
AU:HTA
|
Australia | AU$74.82 Million |
|
Liberty Global PLC Class B
NASDAQ:LBTYB
|
USA | $25.39 Billion |
|
Dr Peng Telecom and Media Group Co Ltd
SHG:600804
|
China | CN¥7.38 Billion |
|
TeraGo Inc.
TO:TGO
|
Canada | CA$50.29 Million |
|
Uniserve Communications Corp
V:USS
|
Canada | CA$15.38 Million |
Itissalat Al-Maghrib (IAM) S.A - 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 | 0.33 | 0.33 | 0.34 |
| Quick Ratio | 0.33 | 0.32 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-30.18 Billion | €-31.54 Billion | €-31.22 Billion |
Itissalat Al-Maghrib (IAM) S.A - Advanced Valuation Insights
This section examines the relationship between Itissalat Al-Maghrib (IAM) S.A'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 | 4.32 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 7.7% |
| Total Assets | €75.81 Billion |
| Market Capitalization | $7.96 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Itissalat Al-Maghrib (IAM) S.A's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Itissalat Al-Maghrib (IAM) S.A's assets grew by 7.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Itissalat Al-Maghrib (IAM) S.A (2013–2025)
The table below shows the annual total assets of Itissalat Al-Maghrib (IAM) S.A from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €75.81 Billion ≈ $88.63 Billion |
+7.73% |
| 2024-12-31 | €70.37 Billion ≈ $82.27 Billion |
+7.37% |
| 2023-12-31 | €65.54 Billion ≈ $76.63 Billion |
+0.02% |
| 2022-12-31 | €65.53 Billion ≈ $76.61 Billion |
+6.07% |
| 2021-12-31 | €61.78 Billion ≈ $72.23 Billion |
-2.77% |
| 2020-12-31 | €63.54 Billion ≈ $74.28 Billion |
-2.02% |
| 2019-12-31 | €64.85 Billion ≈ $75.82 Billion |
+4.38% |
| 2018-12-31 | €62.13 Billion ≈ $72.64 Billion |
-0.88% |
| 2017-12-31 | €62.68 Billion ≈ $73.28 Billion |
+2.26% |
| 2016-12-31 | €61.30 Billion ≈ $71.66 Billion |
+1.23% |
| 2015-12-31 | €60.55 Billion ≈ $70.79 Billion |
+32.13% |
| 2014-12-31 | €45.82 Billion ≈ $53.57 Billion |
-2.85% |
| 2013-12-31 | €47.17 Billion ≈ $55.14 Billion |
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About Itissalat Al-Maghrib (IAM) S.A
Itissalat Al-Maghrib (IAM) S.A. provides various telecommunication solutions in Morocco and internationally. The company offers mobile packages; fixed telecom; internet services, such as optical fiber, mobile internet 4G+, ADSL, Vsat, internet leased line, web hosting, and 4G+ internet box; network solutions, including VPN IP, ethernet, leased connections; cloud and data center hosting services, … Read more