Audax Renovables S.A.
Audax Renovables, S.A. engages in the generation and supply of renewable electricity and gas in Spain, Portugal, Italy, Poland, Germany, Netherlands, France, Panama, and Hungary. The company has a portfolio of wind and photovoltaic farms with a capacity of 1,037 megawatts. It also sells electricity and gas. The company was incorporated in 2000 and is based in Badalona, Spain. Audax Renovables, S.… Read more
Audax Renovables S.A. (ADX) - Total Assets
Latest total assets as of September 2025: €1.29 Billion EUR
Based on the latest financial reports, Audax Renovables S.A. (ADX) holds total assets worth €1.29 Billion EUR 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.
Audax Renovables S.A. - Total Assets Trend (2003–2024)
This chart illustrates how Audax Renovables S.A.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Audax Renovables S.A. - Asset Composition Analysis
Current Asset Composition (December 2024)
Audax Renovables S.A.'s total assets of €1.29 Billion consist of 54.5% current assets and 45.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 16.7% |
| Accounts Receivable | €303.08 Million | 22.1% |
| Inventory | €17.83 Million | 1.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €196.93 Million | 14.4% |
| Goodwill | €138.04 Million | 10.1% |
Asset Composition Trend (2003–2024)
This chart illustrates how Audax Renovables S.A.'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: Audax Renovables S.A.'s current assets represent 54.5% of total assets in 2024, an increase from 31.5% in 2003.
- Cash Position: Cash and equivalents constituted 16.7% of total assets in 2024, up from 0.1% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, a decrease from 42.0% in 2003.
- Asset Diversification: The largest asset category is accounts receivable at 22.1% of total assets.
Audax Renovables S.A. Competitors by Total Assets
Key competitors of Audax Renovables S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Audax Renovables S.A. - 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 - Audax Renovables S.A. generates 1.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Audax Renovables S.A. generates $ 4.42 in net profit.
Audax Renovables S.A. - 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 | 1.09 | 1.45 | 1.57 |
| Quick Ratio | 1.05 | 1.42 | 1.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €49.92 Million | € 208.15 Million | € 260.21 Million |
Audax Renovables S.A. - Advanced Valuation Insights
This section examines the relationship between Audax Renovables S.A.'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 | 2.75 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | €1.37 Billion |
| Market Capitalization | $11.62 Million USD |
Valuation Analysis
Below Book Valuation: The market values Audax Renovables S.A.'s assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Audax Renovables S.A.'s assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Audax Renovables S.A. (2003–2024)
The table below shows the annual total assets of Audax Renovables S.A. from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.37 Billion | +5.72% |
| 2023-12-31 | €1.30 Billion | -1.64% |
| 2022-12-31 | €1.32 Billion | -2.39% |
| 2021-12-31 | €1.35 Billion | +17.66% |
| 2020-12-31 | €1.15 Billion | +48.09% |
| 2019-12-31 | €774.25 Million | -7.04% |
| 2018-12-31 | €832.90 Million | +241.20% |
| 2017-12-31 | €244.11 Million | -2.73% |
| 2016-12-31 | €250.95 Million | -16.42% |
| 2015-12-31 | €300.24 Million | -19.87% |
| 2014-12-31 | €374.67 Million | +2.84% |
| 2013-12-31 | €364.33 Million | -18.93% |
| 2012-12-31 | €449.40 Million | -20.83% |
| 2011-12-31 | €567.66 Million | -22.59% |
| 2010-12-31 | €733.28 Million | +7.31% |
| 2009-12-31 | €683.33 Million | +2.00% |
| 2008-12-31 | €669.92 Million | +167.49% |
| 2007-12-31 | €250.45 Million | +135.15% |
| 2006-12-31 | €106.51 Million | +99.32% |
| 2005-12-31 | €53.44 Million | -98.50% |
| 2004-12-31 | €3.57 Billion | +8961.80% |
| 2003-12-31 | €39.35 Million | -- |