Harmony Energy Income Trust PLC
Harmony Energy Income Trust Plc, an investment company, focuses on investing in commercial scale battery energy storage and renewable energy generation projects located across Great Britain. The company was incorporated in 2021 and is based in London, the United Kingdom.
Harmony Energy Income Trust PLC (HEIT) - Total Assets
Latest total assets as of October 2024: GBX201.42 Million GBX
Based on the latest financial reports, Harmony Energy Income Trust PLC (HEIT) holds total assets worth GBX201.42 Million GBX as of October 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.
Harmony Energy Income Trust PLC - Total Assets Trend (2022–2024)
This chart illustrates how Harmony Energy Income Trust PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harmony Energy Income Trust PLC - Asset Composition Analysis
Current Asset Composition (October 2024)
Harmony Energy Income Trust PLC's total assets of GBX201.42 Million consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 2.1% |
| Accounts Receivable | GBX878.73K | 0.4% |
| Inventory | GBX0.00 | 0.0% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX0.00 | 0.0% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Harmony Energy Income Trust PLC'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: Harmony Energy Income Trust PLC's current assets represent 2.1% of total assets in 2024, a decrease from 47.5% in 2022.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 46.4% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
Harmony Energy Income Trust PLC Competitors by Total Assets
Key competitors of Harmony Energy Income Trust PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Harmony Energy Income Trust PLC - 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
Lower asset utilization - Harmony Energy Income Trust PLC generates -0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harmony Energy Income Trust PLC is currently not profitable relative to its asset base.
Harmony Energy Income Trust PLC - 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 | 33.10 | 11.03 | 421.51 |
| Quick Ratio | 33.10 | 13.11 | 421.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX14.44 Million | GBX 8.29 Million | GBX 126.58 Million |
Harmony Energy Income Trust PLC - Advanced Valuation Insights
This section examines the relationship between Harmony Energy Income Trust PLC'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 | 1.04 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -23.3% |
| Total Assets | GBX201.42 Million |
| Market Capitalization | $25.37K USD |
Valuation Analysis
Below Book Valuation: The market values Harmony Energy Income Trust PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Harmony Energy Income Trust PLC's assets decreased by 23.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Harmony Energy Income Trust PLC (2022–2024)
The table below shows the annual total assets of Harmony Energy Income Trust PLC from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-10-31 | GBX201.42 Million | -23.29% |
| 2023-10-31 | GBX262.57 Million | -2.18% |
| 2022-10-31 | GBX268.43 Million | -- |