Vestas Wind Systems A/S (VWSA) - Total Assets
Based on the latest financial reports, Vestas Wind Systems A/S (VWSA) holds total assets worth €26.71 Billion EUR (≈ $31.22 Billion USD) as of March 2026. 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 Vestas Wind Systems A/S cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Vestas Wind Systems A/S - Total Assets Trend (2016–2025)
This chart illustrates how Vestas Wind Systems A/S's total assets have evolved over time, based on quarterly financial data. See Vestas Wind Systems A/S shareholders equity for net asset value and shareholders' equity analysis.
Vestas Wind Systems A/S - Asset Composition Analysis
Current Asset Composition (December 2025)
Vestas Wind Systems A/S's total assets of €26.71 Billion consist of 65.4% current assets and 34.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 17.0% |
| Accounts Receivable | €1.48 Billion | 5.7% |
| Inventory | €5.72 Billion | 22.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.94 Billion | 7.5% |
| Goodwill | €1.50 Billion | 5.8% |
Asset Composition Trend (2016–2025)
This chart illustrates how Vestas Wind Systems A/S'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 Vestas Wind Systems A/S market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vestas Wind Systems A/S's current assets represent 65.4% of total assets in 2025, a decrease from 70.9% in 2016.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2025, down from 32.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 8.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 22.2% of total assets.
Vestas Wind Systems A/S Competitors by Total Assets
Key competitors of Vestas Wind Systems A/S based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
|
USA | $1.20 Billion |
|
FLSmidth & Co.
CO:FLS
|
Denmark | Dkr22.09 Billion |
|
SIASUN Robot Automation Co
SHE:300024
|
China | CN¥11.88 Billion |
|
CITIC Heavy Industries Co Ltd
SHG:601608
|
China | CN¥19.87 Billion |
|
Hpsp Co Ltd
KQ:403870
|
Korea | ₩392.68 Billion |
|
Hyundai Elevator
KO:017800
|
Korea | ₩3.75 Trillion |
|
DUERR AG UNSP.ADR 1/5
F:DUEB
|
Germany | €4.66 Billion |
|
Inox Wind Limited
NSE:INOXWIND
|
India | Rs100.05 Billion |
Vestas Wind Systems A/S - 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 | 1.03 | 1.02 | 1.00 |
| Quick Ratio | 0.67 | 0.60 | 0.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €479.00 Million | €245.00 Million | €-46.00 Million |
Vestas Wind Systems A/S - Advanced Valuation Insights
This section examines the relationship between Vestas Wind Systems A/S'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 | 6.68 |
| Latest Market Cap to Assets Ratio | 0.97 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | €25.73 Billion |
| Market Capitalization | $24.97 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Vestas Wind Systems A/S's assets close to their book value (0.97x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Vestas Wind Systems A/S's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vestas Wind Systems A/S (2016–2025)
The table below shows the annual total assets of Vestas Wind Systems A/S from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €25.73 Billion ≈ $30.08 Billion |
+4.41% |
| 2024-12-31 | €24.64 Billion ≈ $28.81 Billion |
+9.46% |
| 2023-12-31 | €22.51 Billion ≈ $26.32 Billion |
+12.07% |
| 2022-12-31 | €20.09 Billion ≈ $23.49 Billion |
+1.92% |
| 2021-12-31 | €19.71 Billion ≈ $23.05 Billion |
+8.55% |
| 2020-12-31 | €18.16 Billion ≈ $21.23 Billion |
+26.72% |
| 2019-12-31 | €14.33 Billion ≈ $16.75 Billion |
+20.44% |
| 2018-12-31 | €11.90 Billion ≈ $13.91 Billion |
+9.46% |
| 2017-12-31 | €10.87 Billion ≈ $12.71 Billion |
+9.47% |
| 2016-12-31 | €9.93 Billion ≈ $11.61 Billion |
-- |
About Vestas Wind Systems A/S
Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates through two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare p… Read more