General de Galerias Comerciales SOCIMI S.A. (GGC) - Total Assets
Based on the latest financial reports, General de Galerias Comerciales SOCIMI S.A. (GGC) holds total assets worth €825.79 Million EUR (≈ $965.44 Million USD) as of December 2022. 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 General de Galerias Comerciales SOCIMI S (GGC) net assets for net asset value and shareholders' equity analysis.
General de Galerias Comerciales SOCIMI S.A. - Total Assets Trend (2018–2022)
This chart illustrates how General de Galerias Comerciales SOCIMI S.A.'s total assets have evolved over time, based on quarterly financial data.
General de Galerias Comerciales SOCIMI S.A. - Asset Composition Analysis
Current Asset Composition (December 2022)
General de Galerias Comerciales SOCIMI S.A.'s total assets of €825.79 Million consist of 44.0% current assets and 56.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.5% |
| Accounts Receivable | €12.19 Million | 1.5% |
| Inventory | €228.53 Million | 27.7% |
| Property, Plant & Equipment | €10.31 Million | 1.3% |
| Intangible Assets | €20.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2018–2022)
This chart illustrates how General de Galerias Comerciales SOCIMI 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. For live market cap, price, and company overview, see GGC market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: General de Galerias Comerciales SOCIMI S.A.'s current assets represent 44.0% of total assets in 2022, a decrease from 49.7% in 2018.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2022, down from 3.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 27.7% of total assets.
General de Galerias Comerciales SOCIMI S.A. Competitors by Total Assets
Key competitors of General de Galerias Comerciales SOCIMI S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
National Retail Properties Inc
NYSE:NNN
|
USA | $9.38 Billion |
|
Scentre Group
AU:SCG
|
Australia | AU$35.40 Billion |
|
Phillips Edison & Co Inc
NASDAQ:PECO
|
USA | $5.29 Billion |
|
SmartCentres Real Estate Investment Trust
TO:SRU-UN
|
Canada | CA$12.09 Billion |
|
Netstreit Corp
NYSE:NTST
|
USA | $2.61 Billion |
|
Homeco Daily Needs REIT
AU:HDN
|
Australia | AU$4.96 Billion |
|
Slate Grocery REIT
TO:SGR-UN
|
Canada | CA$2.36 Billion |
|
Dexus Convenience Retail REIT
AU:DXC
|
Australia | AU$736.44 Million |
General de Galerias Comerciales SOCIMI 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 | 4.46 | 7.82 | 7.82 |
| Quick Ratio | 1.65 | 2.28 | 2.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €281.65 Million | €278.71 Million | €278.71 Million |
General de Galerias Comerciales SOCIMI S.A. - Advanced Valuation Insights
This section examines the relationship between General de Galerias Comerciales SOCIMI 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 | 4.41 |
| Latest Market Cap to Assets Ratio | 4.38 |
| Asset Growth Rate (YoY) | 5.1% |
| Total Assets | €825.79 Million |
| Market Capitalization | $3.61 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values General de Galerias Comerciales SOCIMI S.A.'s assets at a significant premium (4.38x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: General de Galerias Comerciales SOCIMI S.A.'s assets grew by 5.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for General de Galerias Comerciales SOCIMI S.A. (2018–2022)
The table below shows the annual total assets of General de Galerias Comerciales SOCIMI S.A. from 2018 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €825.79 Million ≈ $965.44 Million |
+5.06% |
| 2021-12-31 | €785.99 Million ≈ $918.90 Million |
-1.95% |
| 2018-12-31 | €801.60 Million ≈ $937.15 Million |
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About General de Galerias Comerciales SOCIMI S.A.
General de Galerías Comerciales Socimi, S.A. promotes, constructs, and manages various commercial complexes in Andalusia and Catalonia. The company is based in Madrid, Spain.