TietoEVRY Corp (TIETO) - Total Assets
Based on the latest financial reports, TietoEVRY Corp (TIETO) holds total assets worth €2.86 Billion EUR (≈ $3.35 Billion 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.
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. Also see how much is TietoEVRY Corp worth for the company's overall valuation and market capitalisation.
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. Review TIETO total debt and obligations to assess the company's total debt and financial obligations.
| 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. See TIETO share price today for real-time trading data and today's change.
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 |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
Macquarie Technology Group Ltd
AU:MAQ
|
Australia | AU$795.90 Million |
|
Neurones
PA:NRO
|
France | €749.03 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.38 Billion |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
China | CN¥1.96 Billion |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
Germany | €319.25 Million |
|
init innovation in traffic systems SE
F:IXX
|
Germany | €329.89 Million |
|
Sygnity SA
WAR:SGN
|
Poland | zł523.09 Million |
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 | 0.69 |
| Asset Growth Rate (YoY) | -13.2% |
| Total Assets | €3.05 Billion |
| Market Capitalization | $2.11 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TietoEVRY Corp's assets below their book value (0.69x), 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 ≈ $3.57 Billion |
-13.19% |
| 2023-12-31 | €3.52 Billion ≈ $4.11 Billion |
+3.67% |
| 2022-12-31 | €3.39 Billion ≈ $3.97 Billion |
-5.39% |
| 2021-12-31 | €3.59 Billion ≈ $4.19 Billion |
-0.49% |
| 2020-12-31 | €3.60 Billion ≈ $4.21 Billion |
-6.59% |
| 2019-12-31 | €3.86 Billion ≈ $4.51 Billion |
+222.24% |
| 2018-12-31 | €1.20 Billion ≈ $1.40 Billion |
+4.32% |
| 2017-12-31 | €1.15 Billion ≈ $1.34 Billion |
+6.84% |
| 2016-12-31 | €1.07 Billion ≈ $1.26 Billion |
-1.09% |
| 2015-12-31 | €1.09 Billion ≈ $1.27 Billion |
+5.31% |
| 2014-12-31 | €1.03 Billion ≈ $1.21 Billion |
-5.90% |
| 2013-12-31 | €1.10 Billion ≈ $1.28 Billion |
-7.54% |
| 2012-12-31 | €1.19 Billion ≈ $1.39 Billion |
-7.37% |
| 2011-12-31 | €1.28 Billion ≈ $1.50 Billion |
+3.17% |
| 2010-12-31 | €1.24 Billion ≈ $1.45 Billion |
+3.79% |
| 2009-12-31 | €1.20 Billion ≈ $1.40 Billion |
-4.72% |
| 2008-12-31 | €1.25 Billion ≈ $1.47 Billion |
-2.20% |
| 2007-12-31 | €1.28 Billion ≈ $1.50 Billion |
-6.69% |
| 2006-12-31 | €1.37 Billion ≈ $1.61 Billion |
+4.78% |
| 2005-12-31 | €1.31 Billion ≈ $1.53 Billion |
+20.62% |
| 2004-12-31 | €1.09 Billion ≈ $1.27 Billion |
+34.67% |
| 2003-12-31 | €807.69 Million ≈ $944.27 Million |
-4.41% |
| 2002-12-31 | €844.97 Million ≈ $987.85 Million |
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About 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