TietoEVRY Corp
TietoEVRY Oyj operates as a software and services company. The company operates through five segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The Tietoevry Create segment provides digital agenda to create competitive products, as well as uses design, data, and cloud technologies for data-driven businesses. This segment also offers sof… Read more
TietoEVRY Corp (TIETO) - Total Assets
Latest total assets as of June 2025: €2.86 Billion EUR
Based on the latest financial reports, TietoEVRY Corp (TIETO) holds total assets worth €2.86 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.
TietoEVRY Corp - Total Assets Trend (2002–2024)
This chart illustrates how TietoEVRY Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TietoEVRY Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
TietoEVRY Corp's total assets of €2.86 Billion consist of 25.4% current assets and 74.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €9.70 Million | 5.9% |
| Accounts Receivable | €402.80 Million | 13.2% |
| Inventory | €7.10 Million | 0.2% |
| Property, Plant & Equipment | €258.00 Million | 8.5% |
| Intangible Assets | €313.80 Million | 10.3% |
| Goodwill | €1.65 Billion | 54.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how TietoEVRY Corp'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: TietoEVRY Corp's current assets represent 25.4% of total assets in 2024, a decrease from 43.7% in 2002.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2024, down from 6.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 34.0% in 2002.
- Asset Diversification: The largest asset category is goodwill at 54.0% of total assets.
TietoEVRY Corp Competitors by Total Assets
Key competitors of TietoEVRY Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
TietoEVRY Corp - 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 - TietoEVRY Corp generates 0.92x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TietoEVRY Corp is currently not profitable relative to its asset base.
TietoEVRY Corp - 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 | 1.23 | 0.57 | 0.94 |
| Quick Ratio | 1.22 | 0.56 | 0.93 |
| Cash Ratio | 0.16 | 0.00 | 0.00 |
| Working Capital | €205.40 Million | € -638.10 Million | € -54.40 Million |
TietoEVRY Corp - Advanced Valuation Insights
This section examines the relationship between TietoEVRY Corp'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 | 2.02 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | -13.2% |
| Total Assets | €3.05 Billion |
| Market Capitalization | $1.89 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TietoEVRY Corp's assets below their book value (0.62 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TietoEVRY Corp's assets decreased by 13.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TietoEVRY Corp (2002–2024)
The table below shows the annual total assets of TietoEVRY Corp from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €3.05 Billion | -13.19% |
| 2023-12-31 | €3.52 Billion | +3.67% |
| 2022-12-31 | €3.39 Billion | -5.39% |
| 2021-12-31 | €3.59 Billion | -0.49% |
| 2020-12-31 | €3.60 Billion | -6.59% |
| 2019-12-31 | €3.86 Billion | +222.24% |
| 2018-12-31 | €1.20 Billion | +4.32% |
| 2017-12-31 | €1.15 Billion | +6.84% |
| 2016-12-31 | €1.07 Billion | -1.09% |
| 2015-12-31 | €1.09 Billion | +5.31% |
| 2014-12-31 | €1.03 Billion | -5.90% |
| 2013-12-31 | €1.10 Billion | -7.54% |
| 2012-12-31 | €1.19 Billion | -7.37% |
| 2011-12-31 | €1.28 Billion | +3.17% |
| 2010-12-31 | €1.24 Billion | +3.79% |
| 2009-12-31 | €1.20 Billion | -4.72% |
| 2008-12-31 | €1.25 Billion | -2.20% |
| 2007-12-31 | €1.28 Billion | -6.69% |
| 2006-12-31 | €1.37 Billion | +4.78% |
| 2005-12-31 | €1.31 Billion | +20.62% |
| 2004-12-31 | €1.09 Billion | +34.67% |
| 2003-12-31 | €807.69 Million | -4.41% |
| 2002-12-31 | €844.97 Million | -- |