Alternus Energy Group Plc
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
Alternus Energy Group Plc (ALCE) - Total Assets
Latest total assets as of September 2024: $92.28 Million USD
Based on the latest financial reports, Alternus Energy Group Plc (ALCE) holds total assets worth $92.28 Million USD 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.
Alternus Energy Group Plc - Total Assets Trend (2021–2023)
This chart illustrates how Alternus Energy Group Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Alternus Energy Group Plc - Asset Composition Analysis
Current Asset Composition (December 2023)
Alternus Energy Group Plc's total assets of $92.28 Million consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $7.63 Million | 4.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.22 Million | 3.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Alternus Energy Group Plc'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: Alternus Energy Group Plc's current assets represent 62.0% of total assets in 2023, an increase from 15.9% in 2021.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2023, down from 8.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 1.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 4.1% of total assets.
Alternus Energy Group Plc Competitors by Total Assets
Key competitors of Alternus Energy Group Plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
China | CN¥182.32 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
Alternus Energy Group Plc - 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 - Alternus Energy Group Plc generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Alternus Energy Group Plc is currently not profitable relative to its asset base.
Alternus Energy Group Plc - 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 | 0.34 | 17.49 | 24.30 |
| Quick Ratio | 0.34 | 21.12 | 24.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-115.22 Million | $ 81.37 Million | $ 224.14 Million |
Alternus Energy Group Plc - Advanced Valuation Insights
This section examines the relationship between Alternus Energy Group Plc'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) | -11.1% |
| Total Assets | $185.29 Million |
| Market Capitalization | $698.55K USD |
Valuation Analysis
Below Book Valuation: The market values Alternus Energy Group Plc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Alternus Energy Group Plc's assets decreased by 11.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Alternus Energy Group Plc (2021–2023)
The table below shows the annual total assets of Alternus Energy Group Plc from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $185.29 Million | -11.15% |
| 2022-12-31 | $208.53 Million | -0.46% |
| 2021-12-31 | $209.49 Million | -- |