Síminn hf

IC:SIMINN Iceland Telecom Services
Market Cap
$223.78 Million
Ikr31.49 Billion ISK
Market Cap Rank
#14572 Global
#12 in Iceland
Share Price
Ikr13.30
Change (1 day)
-0.75%
52-Week Range
Ikr12.50 - Ikr15.90
All Time High
Ikr15.90
About

Síminn hf. engages in the telecommunications, financial technology, and brokerage solutions in Iceland and internationally. It operates through five segments: Mobile Phone Service, Data Transmission, Television Services, Equipment Sales, and Other. The company offers mobile and satellite services. It also provides data transmission services, including xDSL, GPON, Internet, IP networks, and local … Read more

Síminn hf (SIMINN) - Total Assets

Latest total assets as of June 2025: Ikr42.01 Billion ISK

Based on the latest financial reports, Síminn hf (SIMINN) holds total assets worth Ikr42.01 Billion ISK 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.

Síminn hf - Total Assets Trend (2000–2024)

This chart illustrates how Síminn hf’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Síminn hf - Asset Composition Analysis

Current Asset Composition (December 2024)

Síminn hf's total assets of Ikr42.01 Billion consist of 21.7% current assets and 78.4% non-current assets.

Asset Category Amount (ISK) % of Total Assets
Cash & Equivalents Ikr0.00 2.0%
Accounts Receivable Ikr2.50 Billion 6.1%
Inventory Ikr1.34 Billion 3.3%
Property, Plant & Equipment Ikr0.00 0.0%
Intangible Assets Ikr6.42 Billion 15.6%
Goodwill Ikr19.82 Billion 48.1%

Asset Composition Trend (2000–2024)

This chart illustrates how Síminn hf'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: Síminn hf's current assets represent 21.7% of total assets in 2024, an increase from 0.0% in 2000.
  • Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, up from 0.9% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 0.0% in 2000.
  • Asset Diversification: The largest asset category is goodwill at 48.1% of total assets.

Síminn hf Competitors by Total Assets

Key competitors of Síminn hf based on total assets are shown below.

Company Country Total Assets
WQN Inc
PINK:WQNI
USA $1.39 Million
XOX Technology Bhd
KLSE:0017
Malaysia RM95.64 Million
Beijing Bewinner Communications Co Ltd
SHE:002148
China CN¥1.41 Billion
Net263 Ltd
SHE:002467
China CN¥2.46 Billion
Runjian Communication Co Ltd Class A
SHE:002929
China CN¥21.50 Billion
Redtone International Bhd
KLSE:0032
Malaysia RM403.21 Million
Inscobee
KO:006490
Korea ₩77.14 Billion
Green Packet Bhd
KLSE:0082
Malaysia RM167.93 Million

Síminn hf - 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

Historical Range: 0.34 - 0.74

Moderate asset utilization - Síminn hf generates 0.66x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.48% - 74.77%

Moderate ROA - For every $100 in assets, Síminn hf generates $ 3.35 in net profit.

Síminn hf - 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 1.27 1.09 0.76
Quick Ratio 1.11 0.96 0.58
Cash Ratio 0.00 0.00 0.00
Working Capital Ikr2.11 Billion Ikr 772.00 Million Ikr -1.90 Billion

Síminn hf - Advanced Valuation Insights

This section examines the relationship between Síminn hf'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 1.90
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 21.9%
Total Assets Ikr41.18 Billion
Market Capitalization $218.79 Million USD

Valuation Analysis

Below Book Valuation: The market values Síminn hf's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Síminn hf's assets grew by 21.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Síminn hf (2000–2024)

The table below shows the annual total assets of Síminn hf from 2000 to 2024.

Year Total Assets Change
2024-12-31 Ikr41.18 Billion +21.88%
2023-12-31 Ikr33.79 Billion -33.98%
2022-12-31 Ikr51.18 Billion -26.60%
2021-12-31 Ikr69.73 Billion +6.93%
2020-12-31 Ikr65.21 Billion -0.48%
2019-12-31 Ikr65.52 Billion +11.37%
2018-12-31 Ikr58.83 Billion -2.93%
2017-12-31 Ikr60.61 Billion -5.26%
2016-12-31 Ikr63.98 Billion +2.98%
2015-12-31 Ikr62.13 Billion +1.77%
2014-12-31 Ikr61.05 Billion +4.00%
2013-12-31 Ikr58.70 Billion -24.06%
2012-12-31 Ikr77.30 Billion -26.85%
2010-12-31 Ikr105.67 Billion -12.45%
2009-12-31 Ikr120.70 Billion +35.76%
2006-12-31 Ikr88.91 Billion +6.79%
2005-12-31 Ikr83.26 Billion +191.23%
2004-12-31 Ikr28.59 Billion -0.26%
2003-12-31 Ikr28.66 Billion -9.39%
2002-12-31 Ikr31.63 Billion -2.36%
2001-12-31 Ikr32.40 Billion +15.18%
2000-12-31 Ikr28.13 Billion --