Solteq PLC (SOLTEQ) - Total Assets

Latest as of June 2025: €50.76 Million EUR ≈ $59.35 Million USD

Based on the latest financial reports, Solteq PLC (SOLTEQ) holds total assets worth €50.76 Million EUR (≈ $59.35 Million 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.

Solteq PLC - Total Assets Trend (2000–2024)

This chart illustrates how Solteq PLC's total assets have evolved over time, based on quarterly financial data. Also see SOLTEQ company net worth for the company's overall valuation and market capitalisation.

Solteq PLC - Asset Composition Analysis

Current Asset Composition (December 2024)

Solteq PLC's total assets of €50.76 Million consist of 18.3% current assets and 81.7% non-current assets. Review total liabilities of Solteq PLC to assess the company's total debt and financial obligations.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €3.28 Million 6.3%
Accounts Receivable €5.11 Million 9.8%
Inventory €34.00K 0.1%
Property, Plant & Equipment €1.73 Million 3.3%
Intangible Assets €532.00K 1.0%
Goodwill €38.57 Million 74.1%

Asset Composition Trend (2000–2024)

This chart illustrates how Solteq PLC'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 Solteq PLC (SOLTEQ) share price today for real-time trading data and today's change.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Solteq PLC's current assets represent 18.3% of total assets in 2024, an increase from 0.0% in 2000.
  • Cash Position: Cash and equivalents constituted 6.3% of total assets in 2024, down from 9.1% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 75.0% of total assets, an increase from 21.0% in 2000.
  • Asset Diversification: The largest asset category is goodwill at 74.1% of total assets.

Solteq PLC Competitors by Total Assets

Key competitors of Solteq PLC based on total assets are shown below.

Company Country Total Assets
HCL Technologies Limited
NSE:HCLTECH
India Rs1.12 Trillion
Fidelity National Information Services Inc
NYSE:FIS
USA $33.04 Billion
Wavestone S.A.
PA:WAVE
France €934.48 Million
Asiainfo Security Technologies Corp. A
SHG:688225
China CN¥11.18 Billion
DATAGROUP SE
F:D6H
Germany €537.33 Million
Zhongtong Guomai Communication
SHG:603559
China CN¥1.31 Billion
ArcSoft Corp Ltd
SHG:688088
China CN¥3.03 Billion
Econocom Group SA/NV
BR:ECONB
Belgium €2.38 Billion

Solteq PLC - 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 0.54 0.27 0.38
Quick Ratio 0.54 0.26 0.38
Cash Ratio 0.00 0.00 0.00
Working Capital €-7.02 Million €-28.07 Million €-25.80 Million

Solteq PLC - Advanced Valuation Insights

This section examines the relationship between Solteq PLC'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 0.61
Latest Market Cap to Assets Ratio 0.15
Asset Growth Rate (YoY) -9.0%
Total Assets €52.04 Million
Market Capitalization $7.62 Million USD

Valuation Analysis

Below Book Valuation: The market values Solteq PLC's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Solteq PLC's assets decreased by 9.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Solteq PLC (2000–2024)

The table below shows the annual total assets of Solteq PLC from 2000 to 2024.

Year Total Assets Change
2024-12-31 €52.04 Million
≈ $60.84 Million
-9.01%
2023-12-31 €57.19 Million
≈ $66.86 Million
-23.07%
2022-12-31 €74.34 Million
≈ $86.91 Million
-1.94%
2021-12-31 €75.81 Million
≈ $88.63 Million
+1.51%
2020-12-31 €74.68 Million
≈ $87.31 Million
-2.99%
2019-12-31 €76.98 Million
≈ $90.00 Million
+13.42%
2018-12-31 €67.87 Million
≈ $79.35 Million
+10.43%
2017-12-31 €61.46 Million
≈ $71.86 Million
+0.38%
2016-12-31 €61.23 Million
≈ $71.59 Million
-4.70%
2015-12-31 €64.25 Million
≈ $75.12 Million
+156.61%
2014-12-31 €25.04 Million
≈ $29.27 Million
-1.37%
2013-12-31 €25.39 Million
≈ $29.68 Million
-6.31%
2012-12-31 €27.10 Million
≈ $31.68 Million
+55.96%
2011-12-31 €17.37 Million
≈ $20.31 Million
+0.95%
2010-12-31 €17.21 Million
≈ $20.12 Million
-18.55%
2009-12-31 €21.13 Million
≈ $24.70 Million
-4.10%
2008-12-31 €22.03 Million
≈ $25.76 Million
-0.06%
2007-12-31 €22.05 Million
≈ $25.77 Million
+8.35%
2006-12-31 €20.35 Million
≈ $23.79 Million
+41.52%
2005-12-31 €14.38 Million
≈ $16.81 Million
-9.36%
2004-12-31 €15.86 Million
≈ $18.54 Million
-0.75%
2003-12-31 €15.98 Million
≈ $18.68 Million
+1.70%
2002-12-31 €15.71 Million
≈ $18.37 Million
-9.17%
2001-12-31 €17.30 Million
≈ $20.23 Million
-11.33%
2000-12-31 €19.51 Million
≈ $22.81 Million
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About Solteq PLC

HE:SOLTEQ Finland Information Technology Services
Market Cap
$7.62 Million
€6.52 Million EUR
Market Cap Rank
#27810 Global
#143 in Finland
Share Price
€0.34
Change (1 day)
-8.70%
52-Week Range
€0.21 - €0.60
All Time High
€6.88
About

Solteq Oyj, an IT services and software solutions company, engages in the digitalization of business and industry-specific software in Finland, Sweden, Norway, Denmark, Poland, and the United Kingdom. It operates in two segments, Utilities, and Retail & Commerce. The company provides Smart Dealer, a cloud-based solution suite that comprises Solteq's after-sales system web service and Alma Ajo's r… Read more