SYNLAB AG
SYNLAB AG provides medical diagnostic services and specialty testing services for hospitals, practicing doctors, clinics, patients, governments, and corporations primarily in Europe. SYNLAB AG was founded in 1998 and is based in Munich, Germany.
SYNLAB AG (SYAB) - Total Assets
Latest total assets as of March 2024: €4.71 Billion EUR
Based on the latest financial reports, SYNLAB AG (SYAB) holds total assets worth €4.71 Billion EUR as of March 2024.
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.
SYNLAB AG - Total Assets Trend (2020–2023)
This chart illustrates how SYNLAB AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SYNLAB AG - Asset Composition Analysis
Current Asset Composition (December 2023)
SYNLAB AG's total assets of €4.71 Billion consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 4.7% |
| Accounts Receivable | €397.60 Million | 8.5% |
| Inventory | €65.00 Million | 1.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €598.98 Million | 12.8% |
| Goodwill | €2.20 Billion | 47.2% |
Asset Composition Trend (2020–2023)
This chart illustrates how SYNLAB AG'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: SYNLAB AG's current assets represent 16.9% of total assets in 2023, a decrease from 31.5% in 2020.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2023, down from 17.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 59.0% of total assets, an increase from 54.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 47.2% of total assets.
SYNLAB AG Competitors by Total Assets
Key competitors of SYNLAB AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
SYNLAB AG - 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
Moderate asset utilization - SYNLAB AG generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, SYNLAB AG generates $ 1.98 in net profit.
SYNLAB AG - 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 | 1.24 | 1.43 | 1.63 |
| Quick Ratio | 1.15 | 1.33 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €166.41 Million | € 328.46 Million | € 532.97 Million |
SYNLAB AG - Advanced Valuation Insights
This section examines the relationship between SYNLAB AG'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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -13.3% |
| Total Assets | €4.66 Billion |
| Market Capitalization | $125.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values SYNLAB AG's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SYNLAB AG's assets decreased by 13.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SYNLAB AG (2020–2023)
The table below shows the annual total assets of SYNLAB AG from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €4.66 Billion | -13.34% |
| 2022-12-31 | €5.38 Billion | -0.83% |
| 2021-12-31 | €5.43 Billion | +2.70% |
| 2020-12-31 | €5.28 Billion | -- |