Applus Servicios Tecnologicos
Applus Services, S.A., together with its subsidiaries, provides testing, inspection, and certification services. It operates through four segments: Applus+ Energy & Industry, Applus+ Laboratories, Applus+ Automotive, and Applus+ IDIADA. The Applus+ Energy & Industry segment offers non-destructive testing, quality accreditation and control, project management, supplier inspection, and facility ins… Read more
Applus Servicios Tecnologicos (APPS) - Total Assets
Latest total assets as of June 2024: €2.41 Billion EUR
Based on the latest financial reports, Applus Servicios Tecnologicos (APPS) holds total assets worth €2.41 Billion EUR as of June 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.
Applus Servicios Tecnologicos - Total Assets Trend (2010–2023)
This chart illustrates how Applus Servicios Tecnologicos’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Applus Servicios Tecnologicos - Asset Composition Analysis
Current Asset Composition (December 2023)
Applus Servicios Tecnologicos's total assets of €2.41 Billion consist of 31.4% current assets and 68.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 8.3% |
| Accounts Receivable | €527.25 Million | 21.6% |
| Inventory | €12.60 Million | 0.5% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €321.30 Million | 13.2% |
| Goodwill | €823.58 Million | 33.7% |
Asset Composition Trend (2010–2023)
This chart illustrates how Applus Servicios Tecnologicos'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: Applus Servicios Tecnologicos's current assets represent 31.4% of total assets in 2023, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 8.3% of total assets in 2023, up from 2.9% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, a decrease from 98.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 33.7% of total assets.
Applus Servicios Tecnologicos Competitors by Total Assets
Key competitors of Applus Servicios Tecnologicos based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
Applus Servicios Tecnologicos - 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 - Applus Servicios Tecnologicos generates 0.84x 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, Applus Servicios Tecnologicos generates $ 0.83 in net profit.
Applus Servicios Tecnologicos - 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 | 0.64 | 1.15 | 1.34 |
| Quick Ratio | 0.63 | 1.13 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-440.65 Million | € 98.78 Million | € 38.80 Million |
Applus Servicios Tecnologicos - Advanced Valuation Insights
This section examines the relationship between Applus Servicios Tecnologicos'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 | 3.03 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | €2.44 Billion |
| Market Capitalization | $17.77 Million USD |
Valuation Analysis
Below Book Valuation: The market values Applus Servicios Tecnologicos's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Applus Servicios Tecnologicos's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Applus Servicios Tecnologicos (2010–2023)
The table below shows the annual total assets of Applus Servicios Tecnologicos from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €2.44 Billion | +0.33% |
| 2022-12-31 | €2.43 Billion | +5.47% |
| 2021-12-31 | €2.31 Billion | +6.93% |
| 2020-12-31 | €2.16 Billion | -0.72% |
| 2019-12-31 | €2.17 Billion | +8.77% |
| 2018-12-31 | €2.00 Billion | -0.33% |
| 2017-12-31 | €2.00 Billion | +0.40% |
| 2016-12-31 | €2.00 Billion | -1.56% |
| 2015-12-31 | €2.03 Billion | +2.98% |
| 2014-12-31 | €1.97 Billion | -2.71% |
| 2013-12-31 | €2.02 Billion | -6.73% |
| 2012-12-31 | €2.17 Billion | +11.10% |
| 2011-12-31 | €1.95 Billion | +2.62% |
| 2010-12-31 | €1.90 Billion | -- |