Strip Tinning Holdings PLC
Strip Tinning Holdings plc manufactures and supplies flexible electrical connectors for heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle (EV) battery packs in the United Kingdom, rest of Europe, and internationally. It operates through Glazing and Battery Technologies segments. The company provides windshield soldering conn… Read more
Strip Tinning Holdings PLC (STG) - Total Assets
Latest total assets as of June 2025: GBX10.36 Million GBX
Based on the latest financial reports, Strip Tinning Holdings PLC (STG) holds total assets worth GBX10.36 Million GBX 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.
Strip Tinning Holdings PLC - Total Assets Trend (2017–2024)
This chart illustrates how Strip Tinning Holdings PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Strip Tinning Holdings PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
Strip Tinning Holdings PLC's total assets of GBX10.36 Million consist of 44.1% current assets and 55.9% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 4.4% |
| Accounts Receivable | GBX1.94 Million | 16.7% |
| Inventory | GBX1.31 Million | 11.2% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX2.23 Million | 19.1% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Strip Tinning Holdings 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: Strip Tinning Holdings PLC's current assets represent 44.1% of total assets in 2024, a decrease from 48.8% in 2017.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 14.9% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 6.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 19.1% of total assets.
Strip Tinning Holdings PLC Competitors by Total Assets
Key competitors of Strip Tinning Holdings PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Strip Tinning Holdings 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
Strong asset utilization - Strip Tinning Holdings PLC generates 0.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Strip Tinning Holdings PLC is currently not profitable relative to its asset base.
Strip Tinning Holdings 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 | 1.60 | 3.46 | 2.58 |
| Quick Ratio | 1.18 | 2.79 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX1.44 Million | GBX 4.92 Million | GBX 2.72 Million |
Strip Tinning Holdings PLC - Advanced Valuation Insights
This section examines the relationship between Strip Tinning Holdings 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 | 4.91 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | GBX11.65 Million |
| Market Capitalization | $498.93 USD |
Valuation Analysis
Below Book Valuation: The market values Strip Tinning Holdings PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Strip Tinning Holdings PLC's assets grew by 3.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Strip Tinning Holdings PLC (2017–2024)
The table below shows the annual total assets of Strip Tinning Holdings PLC from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | GBX11.65 Million | +3.40% |
| 2023-12-31 | GBX11.27 Million | -9.51% |
| 2022-12-31 | GBX12.46 Million | +2.10% |
| 2021-12-31 | GBX12.20 Million | +19.58% |
| 2020-12-31 | GBX10.20 Million | +10.87% |
| 2019-12-31 | GBX9.20 Million | +18.60% |
| 2018-12-31 | GBX7.76 Million | +14.59% |
| 2017-12-31 | GBX6.77 Million | -- |