Able Global Bhd Total Assets
Able Global Bhd total assets. Based on the latest financial reports, Able Global Bhd (7167) holds total assets worth RM780.02 Million MYR (≈ $195.84 Million USD) as of September 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. Also see Able Global Bhd market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Able Global Bhd (2012–2024)
Total assets of Able Global Bhd from 2012 to 2024. This chart illustrates how Able Global Bhd's total assets have evolved over time, based on quarterly financial data. See Able Global Bhd stock price for real-time trading data and today's change.
Able Global Bhd - Asset Composition Analysis
Able Global Bhd Total Assets Breakdown (December 2024)
Able Global Bhd total assets breakdown as of December 2024. Able Global Bhd's total assets of RM780.02 Million consist of 74.1% current assets and 25.9% non-current assets.
| Asset Category | Amount (MYR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RM0.00 | 20.2% |
| Accounts Receivable | RM113.10 Million | 13.6% |
| Inventory | RM332.53 Million | 39.9% |
| Property, Plant & Equipment | RM0.00 | 0.0% |
| Intangible Assets | RM16.50K | 0.0% |
| Goodwill | RM10.65 Million | 1.3% |
Asset Composition Trend (2012–2024)
This chart illustrates how Able Global Bhd'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. Explore 7167 net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Able Global Bhd's current assets represent 74.1% of total assets in 2024, an increase from 68.8% in 2012.
- Cash Position: Cash and equivalents constituted 20.2% of total assets in 2024, up from 11.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 5.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 39.9% of total assets.
Able Global Bhd Competitors by Total Assets
Key competitors of Able Global Bhd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Nestle S.A.
SW:NESN
|
Switzerland | CHF128.38 Billion |
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
China | CN¥47.14 Billion |
|
JBS N.V.
NYSE:JBS
|
USA | $248.34 Billion |
|
Lotus Bakeries
BR:LOTB
|
Belgium | €1.54 Billion |
|
Alfa S.A.B. de C.V.
MX:ALFAA
|
Mexico | MX$122.15 Billion |
|
AAK AB
ST:AAK
|
Sweden | Skr32.62 Billion |
|
The a2 Milk Company Ltd
AU:A2M
|
Australia | AU$1.96 Billion |
|
Unibel S.A
PA:UNBL
|
France | €4.09 Billion |
Able Global Bhd - 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 | 3.84 | 3.31 | 3.09 |
| Quick Ratio | 1.73 | 1.53 | 2.07 |
| Cash Ratio | 0.99 | 0.80 | 0.00 |
| Working Capital | RM412.87 Million | RM423.06 Million | RM206.04 Million |
Able Global Bhd - Advanced Valuation Insights
This section examines the relationship between Able Global Bhd'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 | 0.98 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | 3.9% |
| Total Assets | RM833.82 Million |
| Market Capitalization | $118.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Able Global Bhd's assets below their book value (0.14x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Able Global Bhd's assets grew by 3.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Able Global Bhd (2012–2024)
The table below shows the annual total assets of Able Global Bhd from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | RM833.82 Million ≈ $209.35 Million |
+3.89% |
| 2023-12-31 | RM802.57 Million ≈ $201.50 Million |
+11.37% |
| 2022-12-31 | RM720.61 Million ≈ $180.92 Million |
+35.61% |
| 2021-12-31 | RM531.40 Million ≈ $133.42 Million |
+12.98% |
| 2020-12-31 | RM470.37 Million ≈ $118.09 Million |
+3.73% |
| 2019-12-31 | RM453.48 Million ≈ $113.85 Million |
+2.17% |
| 2018-12-31 | RM443.84 Million ≈ $111.43 Million |
+12.56% |
| 2017-12-31 | RM394.31 Million ≈ $99.00 Million |
+13.61% |
| 2016-12-31 | RM347.07 Million ≈ $87.14 Million |
-5.43% |
| 2015-12-31 | RM367.00 Million ≈ $92.14 Million |
+11.55% |
| 2014-12-31 | RM329.00 Million ≈ $82.60 Million |
+42.42% |
| 2013-12-31 | RM231.00 Million ≈ $58.00 Million |
+5.96% |
| 2012-12-31 | RM218.00 Million ≈ $54.73 Million |
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About Able Global Bhd
Able Global Berhad, an investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally. It operates Tin Cans Manufacturing, Food and Beverage (F&B), and Property Development segments. The Tin Cans Manufacturing segment is involved in the manufacture of various tins, cans, and other… Read more