Lar Espana Real Estate
LAR ESPAÑA REAL ESTATE SOCIMI, SA is a company listed on the Spanish Stock Exchanges, established SOCIMI Listed Joint Stock Investment Company in the Real Estate Market in March 2014. The company has the objective of investing in the Spanish real estate sector, specifically in the retail segment. Today it is the Spanish market leader in this segment, with more than 480,000 square meters for rent … Read more
Lar Espana Real Estate (LRE) - Total Assets
Latest total assets as of June 2024: €1.54 Billion EUR
Based on the latest financial reports, Lar Espana Real Estate (LRE) holds total assets worth €1.54 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.
Lar Espana Real Estate - Total Assets Trend (2014–2023)
This chart illustrates how Lar Espana Real Estate’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Lar Espana Real Estate - Asset Composition Analysis
Current Asset Composition (December 2023)
Lar Espana Real Estate's total assets of €1.54 Billion consist of 16.1% current assets and 83.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 15.4% |
| Accounts Receivable | €2.49 Million | 0.2% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how Lar Espana Real Estate'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: Lar Espana Real Estate's current assets represent 16.1% of total assets in 2023, an increase from 13.1% in 2014.
- Cash Position: Cash and equivalents constituted 15.4% of total assets in 2023, up from 4.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Lar Espana Real Estate Competitors by Total Assets
Key competitors of Lar Espana Real Estate based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Lar Espana Real Estate - 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 - Lar Espana Real Estate generates 0.06x 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, Lar Espana Real Estate generates $ 2.32 in net profit.
Lar Espana Real Estate - 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 | 10.26 | 13.94 | 2.31 |
| Quick Ratio | 10.13 | 13.94 | 2.31 |
| Cash Ratio | 0.00 | 3.32 | 0.00 |
| Working Capital | €200.15 Million | € 355.46 Million | € 109.16 Million |
Lar Espana Real Estate - Advanced Valuation Insights
This section examines the relationship between Lar Espana Real Estate'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 | 0.82 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | €1.59 Billion |
| Market Capitalization | $18.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Lar Espana Real Estate's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Lar Espana Real Estate's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Lar Espana Real Estate (2014–2023)
The table below shows the annual total assets of Lar Espana Real Estate from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €1.59 Billion | -7.57% |
| 2022-12-31 | €1.72 Billion | -4.42% |
| 2021-12-31 | €1.80 Billion | +7.08% |
| 2020-12-31 | €1.68 Billion | -4.24% |
| 2019-12-31 | €1.75 Billion | +4.26% |
| 2018-12-31 | €1.68 Billion | +8.19% |
| 2017-12-31 | €1.55 Billion | +18.37% |
| 2016-12-31 | €1.31 Billion | +43.67% |
| 2015-12-31 | €914.04 Million | +109.09% |
| 2014-12-31 | €437.15 Million | -- |