TECHTRONIC IND
TECHTRONIC IND operates in Diversified Metals & Mining.
TECHTRONIC IND (TIB1) - Total Assets
Latest total assets as of December 2023: €12.40 Billion EUR
Based on the latest financial reports, TECHTRONIC IND (TIB1) holds total assets worth €12.40 Billion 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.
TECHTRONIC IND - Total Assets Trend (2016–2023)
This chart illustrates how TECHTRONIC IND’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TECHTRONIC IND - Asset Composition Analysis
Current Asset Composition (December 2023)
TECHTRONIC IND's total assets of €12.40 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.7% |
| Accounts Receivable | €1.71 Billion | 13.8% |
| Inventory | €4.10 Billion | 33.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.30 Billion | 10.5% |
| Goodwill | €604.30 Million | 4.9% |
Asset Composition Trend (2016–2023)
This chart illustrates how TECHTRONIC IND'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: TECHTRONIC IND's current assets represent 57.4% of total assets in 2023, a decrease from 62.4% in 2016.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2023, down from 15.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, a decrease from 20.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 33.0% of total assets.
TECHTRONIC IND Competitors by Total Assets
Key competitors of TECHTRONIC IND 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 |
TECHTRONIC IND - 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 - TECHTRONIC IND generates 1.11x 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, TECHTRONIC IND generates $7.87 in net profit.
TECHTRONIC IND - 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 | 1.49 | 1.37 | 1.52 |
| Quick Ratio | 0.63 | 0.55 | 0.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €2.34 Billion | € 2.31 Billion | € 1.62 Billion |
TECHTRONIC IND - Advanced Valuation Insights
This section examines the relationship between TECHTRONIC IND'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) | -6.9% |
| Total Assets | €12.40 Billion |
| Market Capitalization | $126.95K USD |
Valuation Analysis
Below Book Valuation: The market values TECHTRONIC IND's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TECHTRONIC IND's assets decreased by 6.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TECHTRONIC IND (2016–2023)
The table below shows the annual total assets of TECHTRONIC IND from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €12.40 Billion | -6.86% |
| 2022-12-31 | €13.32 Billion | +2.37% |
| 2021-12-31 | €13.01 Billion | +38.52% |
| 2020-12-31 | €9.39 Billion | +21.98% |
| 2019-12-31 | €7.70 Billion | +21.25% |
| 2018-12-31 | €6.35 Billion | +13.40% |
| 2017-12-31 | €5.60 Billion | +9.34% |
| 2016-12-31 | €5.12 Billion | -- |