GRITEE Inc (204020) - Total Assets
Based on the latest financial reports, GRITEE Inc (204020) holds total assets worth ₩147.12 Billion KRW (≈ $99.70 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. See 204020 total equity for net asset value and shareholders' equity analysis.
GRITEE Inc - Total Assets Trend (2015–2024)
This chart illustrates how GRITEE Inc's total assets have evolved over time, based on quarterly financial data.
GRITEE Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
GRITEE Inc's total assets of ₩147.12 Billion consist of 82.9% current assets and 17.1% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩11.70 Billion | 0.0% |
| Accounts Receivable | ₩7.65 Billion | 7.4% |
| Inventory | ₩60.50 Billion | 58.8% |
| Property, Plant & Equipment | ₩9.23 Billion | 9.0% |
| Intangible Assets | ₩1.56 Billion | 1.5% |
| Goodwill | ₩0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how GRITEE Inc'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. For live market cap, price, and company overview, see market value of GRITEE Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GRITEE Inc's current assets represent 82.9% of total assets in 2024, a decrease from 89.7% in 2015.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 2.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 58.8% of total assets.
GRITEE Inc Competitors by Total Assets
Key competitors of GRITEE Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ross Stores Inc
NASDAQ:ROST
|
USA | $15.55 Billion |
|
Shinsegae Inte
KO:031430
|
Korea | ₩1.40 Trillion |
|
SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR
|
India | Rs18.02 Billion |
|
Step One Clothing Ltd
AU:STP
|
Australia | AU$62.13 Million |
|
Heads UP Ventures Limited
NSE:HEADSUP
|
India | Rs273.96 Million |
|
Premier Investments Ltd
AU:PMV
|
Australia | AU$1.43 Billion |
|
Universal Store Holdings Ltd
AU:UNI
|
Australia | AU$307.06 Million |
|
Accent Group Ltd
AU:AX1
|
Australia | AU$1.25 Billion |
GRITEE Inc - 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 | 3.64 | 3.55 | 6.20 |
| Quick Ratio | 0.68 | 1.40 | 2.69 |
| Cash Ratio | 0.00 | 0.15 | 0.00 |
| Working Capital | ₩63.85 Billion | ₩70.48 Billion | ₩61.59 Billion |
GRITEE Inc - Advanced Valuation Insights
This section examines the relationship between GRITEE Inc'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 | 0.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | ₩102.87 Billion |
| Market Capitalization | $30.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values GRITEE Inc's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: GRITEE Inc's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for GRITEE Inc (2015–2024)
The table below shows the annual total assets of GRITEE Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩102.87 Billion ≈ $69.71 Million |
+9.48% |
| 2023-12-31 | ₩93.96 Billion ≈ $63.68 Million |
+6.17% |
| 2022-12-31 | ₩88.50 Billion ≈ $59.98 Million |
+2.26% |
| 2021-12-31 | ₩86.55 Billion ≈ $58.65 Million |
-0.85% |
| 2020-12-31 | ₩87.29 Billion ≈ $59.15 Million |
-5.28% |
| 2019-12-31 | ₩92.15 Billion ≈ $62.45 Million |
-3.76% |
| 2018-12-31 | ₩95.76 Billion ≈ $64.89 Million |
+30.70% |
| 2017-12-31 | ₩73.26 Billion ≈ $49.65 Million |
+13.17% |
| 2016-12-31 | ₩64.74 Billion ≈ $43.87 Million |
+16.13% |
| 2015-12-31 | ₩55.75 Billion ≈ $37.78 Million |
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About GRITEE Inc
GRITEE, Inc., together with its subsidiaries, engages in the manufacture and sale of apparel in South Korea and China. It also manufactures, wholesales, and retails underwear under the Wonderbra and Playtex brand names. The company was formerly known as MCorset, Inc. GRITEE, Inc. was founded in 1999 and is headquartered in Seoul, Korea.