NESTE OIL
NESTE OIL operates in Diversified Metals & Mining.
NESTE OIL (NEF) - Total Assets
Latest total assets as of September 2024: €16.05 Billion EUR
Based on the latest financial reports, NESTE OIL (NEF) holds total assets worth €16.05 Billion EUR as of September 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.
NESTE OIL - Total Assets Trend (2016–2023)
This chart illustrates how NESTE OIL’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NESTE OIL - Asset Composition Analysis
Current Asset Composition (December 2023)
NESTE OIL's total assets of €16.05 Billion consist of 44.6% current assets and 55.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 9.9% |
| Accounts Receivable | €1.60 Billion | 10.0% |
| Inventory | €3.37 Billion | 21.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €185.00 Million | 1.2% |
| Goodwill | €496.00 Million | 3.1% |
Asset Composition Trend (2016–2023)
This chart illustrates how NESTE OIL'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: NESTE OIL's current assets represent 44.6% of total assets in 2023, an increase from 44.2% in 2016.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2023, down from 10.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 1.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 21.1% of total assets.
NESTE OIL Competitors by Total Assets
Key competitors of NESTE OIL based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
Germany | €15.07 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
Germany | €7.86 Billion |
|
PRICELINE.COM
BE:PCE1
|
Germany | €27.98 Billion |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
Germany | €27.98 Billion |
|
MURPHY USA
BE:1MU
|
Germany | €4.40 Billion |
|
RESMED (RME.SG)
STU:RME
|
Germany | €7.22 Billion |
|
DIOS EXPLORATIONS
BE:BFM
|
Germany | €7.25 Million |
|
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
|
Germany | €25.76 Billion |
NESTE OIL - 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 - NESTE OIL generates 1.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, NESTE OIL generates $8.97 in net profit.
NESTE OIL - 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 | 1.73 | 1.63 | 2.31 |
| Quick Ratio | 0.79 | 0.83 | 1.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.67 Billion | € 3.01 Billion | € 3.03 Billion |
NESTE OIL - Advanced Valuation Insights
This section examines the relationship between NESTE OIL'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 7.1% |
| Total Assets | €15.98 Billion |
| Market Capitalization | $273.81K USD |
Valuation Analysis
Below Book Valuation: The market values NESTE OIL's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: NESTE OIL's assets grew by 7.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for NESTE OIL (2016–2023)
The table below shows the annual total assets of NESTE OIL from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €15.98 Billion | +7.15% |
| 2022-12-31 | €14.92 Billion | +20.13% |
| 2021-12-31 | €12.42 Billion | +26.51% |
| 2020-12-31 | €9.81 Billion | +0.22% |
| 2019-12-31 | €9.79 Billion | +19.08% |
| 2018-12-31 | €8.22 Billion | +5.53% |
| 2017-12-31 | €7.79 Billion | +4.70% |
| 2016-12-31 | €7.44 Billion | -- |