Solteq PLC (SOLTEQ) - Total Assets
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. See SOLTEQ net asset value for net asset value and shareholders' equity analysis.
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.
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.
| 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. For live market cap, price, and company overview, see market cap of Solteq PLC.
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 |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
Beijing Lanxum Tech Co
SHE:300010
|
China | CN¥2.39 Billion |
|
Beibu Gulf Tourism Corp Ltd
SHG:603869
|
China | CN¥4.70 Billion |
|
Orbis AG
XETRA:OBS
|
Germany | €88.03 Million |
|
Siili Solutions Oyj
HE:SIILI
|
Finland | €76.64 Million |
|
Talex S.A.
WAR:TLX
|
Poland | zł82.31 Million |
|
Capgemini SE
PA:CAP
|
France | €29.06 Billion |
|
Squirrel Media SA
MC:SQRL
|
Spain | €238.36 Million |
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 | 0.13 |
| Asset Growth Rate (YoY) | -9.0% |
| Total Assets | €52.04 Million |
| Market Capitalization | $6.55 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solteq PLC's assets below their book value (0.13x), 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
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