Toyo Tires & Rubber
Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto. It also offers automotive parts, including engine/motor, member/differential, strut, and exhaust mounts; bush/couplings and c… Read more
Toyo Tires & Rubber (TYR) - Total Assets
Latest total assets as of June 2025: €707.04 Billion EUR
Based on the latest financial reports, Toyo Tires & Rubber (TYR) holds total assets worth €707.04 Billion EUR 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.
Toyo Tires & Rubber - Total Assets Trend (2013–2024)
This chart illustrates how Toyo Tires & Rubber’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Toyo Tires & Rubber - Asset Composition Analysis
Current Asset Composition (December 2024)
Toyo Tires & Rubber's total assets of €707.04 Billion consist of 51.7% current assets and 48.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 12.0% |
| Accounts Receivable | €130.37 Billion | 18.0% |
| Inventory | €122.84 Billion | 17.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €22.12 Billion | 3.1% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how Toyo Tires & Rubber'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: Toyo Tires & Rubber's current assets represent 51.7% of total assets in 2024, an increase from 44.3% in 2013.
- Cash Position: Cash and equivalents constituted 12.0% of total assets in 2024, up from 8.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.
Toyo Tires & Rubber Competitors by Total Assets
Key competitors of Toyo Tires & Rubber based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prima Alloy Steel Universal
JK:PRAS
|
Indonesia | Rp1.44 Trillion |
|
Cho Kwang Leat
KO:004700
|
Korea | ₩641.81 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
China | CN¥18.86 Billion |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Toyo Tires & Rubber - 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
Strong asset utilization - Toyo Tires & Rubber generates 0.78x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Toyo Tires & Rubber generates $ 10.35 in net profit.
Toyo Tires & Rubber - 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 | 2.67 | 2.20 | 1.67 |
| Quick Ratio | 1.77 | 1.43 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €233.48 Billion | € 192.55 Billion | € 69.19 Billion |
Toyo Tires & Rubber - Advanced Valuation Insights
This section examines the relationship between Toyo Tires & Rubber'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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | €722.67 Billion |
| Market Capitalization | $2.44 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Toyo Tires & Rubber's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Toyo Tires & Rubber's assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Toyo Tires & Rubber (2013–2024)
The table below shows the annual total assets of Toyo Tires & Rubber from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €722.67 Billion | +11.96% |
| 2023-12-31 | €645.48 Billion | +7.78% |
| 2022-12-31 | €598.89 Billion | +12.74% |
| 2021-12-31 | €531.23 Billion | +19.22% |
| 2020-12-31 | €445.58 Billion | -4.94% |
| 2019-12-31 | €468.75 Billion | -0.14% |
| 2018-12-31 | €469.38 Billion | -0.95% |
| 2017-12-31 | €473.88 Billion | -3.50% |
| 2016-12-31 | €491.09 Billion | -6.09% |
| 2015-12-31 | €522.94 Billion | +8.50% |
| 2014-12-31 | €481.97 Billion | +11.22% |
| 2013-12-31 | €433.33 Billion | -- |