SOLOMON SYSTECH
SOLOMON SYSTECH operates in Diversified Metals & Mining.
SOLOMON SYSTECH (RZF) - Total Assets
Latest total assets as of December 2023: €157.43 Million EUR
Based on the latest financial reports, SOLOMON SYSTECH (RZF) holds total assets worth €157.43 Million EUR as of December 2023.
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.
SOLOMON SYSTECH - Total Assets Trend (2016–2023)
This chart illustrates how SOLOMON SYSTECH’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SOLOMON SYSTECH - Asset Composition Analysis
Current Asset Composition (December 2023)
SOLOMON SYSTECH's total assets of €157.43 Million consist of 94.4% current assets and 5.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 51.0% |
| Accounts Receivable | €31.82 Million | 20.2% |
| Inventory | €27.92 Million | 17.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how SOLOMON SYSTECH'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: SOLOMON SYSTECH's current assets represent 94.4% of total assets in 2023, an increase from 79.8% in 2016.
- Cash Position: Cash and equivalents constituted 51.0% of total assets in 2023, up from 20.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 14.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 20.2% of total assets.
SOLOMON SYSTECH Competitors by Total Assets
Key competitors of SOLOMON SYSTECH based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
SOLOMON SYSTECH - 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 - SOLOMON SYSTECH generates 0.97x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, SOLOMON SYSTECH generates $ 12.35 in net profit.
SOLOMON SYSTECH - 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 | 4.96 | 3.02 | 2.74 |
| Quick Ratio | 4.03 | 2.02 | 2.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €118.62 Million | € 97.74 Million | € 48.01 Million |
SOLOMON SYSTECH - Advanced Valuation Insights
This section examines the relationship between SOLOMON SYSTECH'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) | -0.5% |
| Total Assets | €157.43 Million |
| Market Capitalization | $533.86 USD |
Valuation Analysis
Below Book Valuation: The market values SOLOMON SYSTECH's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: SOLOMON SYSTECH's assets decreased by 0.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for SOLOMON SYSTECH (2016–2023)
The table below shows the annual total assets of SOLOMON SYSTECH from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €157.43 Million | -0.53% |
| 2022-12-31 | €158.26 Million | +13.12% |
| 2021-12-31 | €139.91 Million | +48.47% |
| 2020-12-31 | €94.24 Million | +22.51% |
| 2019-12-31 | €76.92 Million | -28.12% |
| 2018-12-31 | €107.01 Million | -7.92% |
| 2017-12-31 | €116.22 Million | +0.57% |
| 2016-12-31 | €115.56 Million | -- |