Substrate AI S.A. (SAI) - Total Assets
Based on the latest financial reports, Substrate AI S.A. (SAI) holds total assets worth €65.93 Million EUR (≈ $77.07 Million USD) as of December 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. Explore SAI cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Substrate AI S.A. - Total Assets Trend (2021–2025)
This chart illustrates how Substrate AI S.A.'s total assets have evolved over time, based on quarterly financial data. See SAI total equity for net asset value and shareholders' equity analysis.
Substrate AI S.A. - Asset Composition Analysis
Current Asset Composition (December 2025)
Substrate AI S.A.'s total assets of €65.93 Million consist of 20.2% current assets and 79.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.2% |
| Accounts Receivable | €9.96 Million | 15.1% |
| Inventory | €1.77 Million | 2.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €9.03 Million | 13.7% |
| Goodwill | €20.14 Million | 30.6% |
Asset Composition Trend (2021–2025)
This chart illustrates how Substrate AI 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 how much is Substrate AI S.A. worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Substrate AI S.A.'s current assets represent 20.2% of total assets in 2025, an increase from 4.1% in 2021.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2025, up from 0.8% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, a decrease from 94.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 30.6% of total assets.
Substrate AI S.A. Competitors by Total Assets
Key competitors of Substrate AI S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377
|
China | CN¥2.64 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥11.19 Billion |
|
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A
SHG:688562
|
China | CN¥2.93 Billion |
|
QORIA Ltd
AU:QOR
|
Australia | AU$333.44 Million |
|
SEEING MACHINES LTD
F:M2Z
|
Germany | €109.54 Million |
|
WORLDLINE S.A. UNSP.ADR
F:WO60
|
Germany | €13.15 Billion |
|
Findi Ltd
AU:FND
|
Australia | AU$280.69 Million |
|
LIGHTON
PA:ALTAI
|
France | €12.98 Million |
Substrate AI 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 | 0.78 | 0.61 | 0.26 |
| Quick Ratio | 0.68 | 0.57 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-3.67 Million | €-5.08 Million | €-3.80 Million |
Substrate AI S.A. - Advanced Valuation Insights
This section examines the relationship between Substrate AI 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 | 0.45 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 7.5% |
| Total Assets | €65.93 Million |
| Market Capitalization | $16.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Substrate AI S.A.'s assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Substrate AI S.A.'s assets grew by 7.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Substrate AI S.A. (2021–2025)
The table below shows the annual total assets of Substrate AI S.A. from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €65.93 Million ≈ $77.07 Million |
+7.52% |
| 2024-12-31 | €61.32 Million ≈ $71.68 Million |
+35.48% |
| 2023-12-31 | €45.26 Million ≈ $52.91 Million |
+102.79% |
| 2022-12-31 | €22.32 Million ≈ $26.09 Million |
-30.65% |
| 2021-12-31 | €32.18 Million ≈ $37.62 Million |
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About Substrate AI S.A.
Substrate Artificial Inteligence, S.A., together with its subsidiaries, engages in the creation and development of artificial intelligence systems in Spain, the United Kingdom, the United States, and Latin America. The company offers compute and cloud; storage and data fabric; networking; security and governance; AI platforms and agents; and developer access. Its products are used in AI and techn… Read more