Rheinmetall AG (RHM) - Total Assets
Based on the latest financial reports, Rheinmetall AG (RHM) holds total assets worth €16.77 Billion EUR (≈ $19.61 Billion USD) as of December 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. Explore Rheinmetall AG cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Rheinmetall AG - Total Assets Trend (2013–2025)
This chart illustrates how Rheinmetall AG's total assets have evolved over time, based on quarterly financial data. See Rheinmetall AG net assets for net asset value and shareholders' equity analysis.
Rheinmetall AG - Asset Composition Analysis
Current Asset Composition (December 2025)
Rheinmetall AG's total assets of €16.77 Billion consist of 65.0% current assets and 35.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 9.8% |
| Accounts Receivable | €1.91 Billion | 11.4% |
| Inventory | €4.14 Billion | 24.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.24 Billion | 7.4% |
| Goodwill | €1.35 Billion | 8.1% |
Asset Composition Trend (2013–2025)
This chart illustrates how Rheinmetall 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 Rheinmetall AG (RHM) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rheinmetall AG's current assets represent 65.0% of total assets in 2025, an increase from 51.8% in 2013.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2025, up from 9.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 14.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 24.7% of total assets.
Rheinmetall AG Competitors by Total Assets
Key competitors of Rheinmetall AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Shipbuilding Industry Co Ltd
SHG:601989
|
China | CN¥221.46 Billion |
|
AECC Aviation Power Co Ltd
SHG:600893
|
China | CN¥122.72 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
China | CN¥6.52 Billion |
|
Guizhou Aviation Technical Development Co Ltd
SHG:688239
|
China | CN¥5.19 Billion |
|
XiAn ChenXi Aviation Technology Corp Ltd
SHE:300581
|
China | CN¥1.19 Billion |
|
Guandian Defense Technology Co. Ltd. A
SHG:688287
|
China | CN¥713.08 Million |
|
Droneshield Ltd
AU:DRO
|
Australia | AU$353.48 Million |
Rheinmetall 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 | 1.20 | 1.21 | 1.48 |
| Quick Ratio | 0.75 | 0.69 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €1.83 Billion | €1.45 Billion | €1.49 Billion |
Rheinmetall AG - Advanced Valuation Insights
This section examines the relationship between Rheinmetall 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 | 11.24 |
| Latest Market Cap to Assets Ratio | 3.25 |
| Asset Growth Rate (YoY) | 16.9% |
| Total Assets | €16.77 Billion |
| Market Capitalization | $54.57 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Rheinmetall AG's assets at a significant premium (3.25x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Rheinmetall AG's assets grew by 16.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Rheinmetall AG (2013–2025)
The table below shows the annual total assets of Rheinmetall AG from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €16.77 Billion ≈ $19.61 Billion |
+16.93% |
| 2024-12-31 | €14.34 Billion ≈ $16.77 Billion |
+22.52% |
| 2023-12-31 | €11.71 Billion ≈ $13.69 Billion |
+44.73% |
| 2022-12-31 | €8.09 Billion ≈ $9.46 Billion |
+4.59% |
| 2021-12-31 | €7.73 Billion ≈ $9.04 Billion |
+6.43% |
| 2020-12-31 | €7.27 Billion ≈ $8.50 Billion |
-2.00% |
| 2019-12-31 | €7.42 Billion ≈ $8.67 Billion |
+9.71% |
| 2018-12-31 | €6.76 Billion ≈ $7.90 Billion |
+9.26% |
| 2017-12-31 | €6.19 Billion ≈ $7.23 Billion |
+1.01% |
| 2016-12-31 | €6.12 Billion ≈ $7.16 Billion |
+6.88% |
| 2015-12-31 | €5.73 Billion ≈ $6.70 Billion |
+8.71% |
| 2014-12-31 | €5.27 Billion ≈ $6.16 Billion |
+8.32% |
| 2013-12-31 | €4.87 Billion ≈ $5.69 Billion |
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About Rheinmetall AG
Rheinmetall AG provides mobility and security technologies in Germany, Rest of Europe, North, Middle, and South America, Asia and the Near East, and internationally. The company operates through the Vehicle Systems, Weapon and Ammunition, and Electronic Solutions segments. Its Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN… Read more