Align Technology Inc (ALGN) - Total Assets
Based on the latest financial reports, Align Technology Inc (ALGN) holds total assets worth $6.31 Billion USD as of March 2026. 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. Check ALGN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Align Technology Inc - Total Assets Trend (1999–2025)
This chart illustrates how Align Technology Inc's total assets have evolved over time, based on quarterly financial data. Explore Align Technology Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Align Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Align Technology Inc's total assets of $6.31 Billion consist of 42.0% current assets and 58.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.3% |
| Accounts Receivable | $1.16 Billion | 18.6% |
| Inventory | $226.34 Million | 3.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $93.93 Million | 1.5% |
| Goodwill | $491.83 Million | 7.9% |
Asset Composition Trend (1999–2025)
This chart illustrates how Align Technology Inc'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 ALGN market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Align Technology Inc's current assets represent 42.0% of total assets in 2025, a decrease from 80.6% in 1999.
- Cash Position: Cash and equivalents constituted 17.3% of total assets in 2025, down from 40.0% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 18.6% of total assets.
Align Technology Inc Competitors by Total Assets
Key competitors of Align Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥29.91 Billion |
|
AVE Science & Technology Co Ltd
SHG:688067
|
China | CN¥611.46 Million |
|
MEDIMI AB AK
F:79T
|
Germany | €1.70 Million |
|
Ansell Ltd
AU:ANN
|
Australia | AU$3.33 Billion |
|
Nanosonics Ltd
AU:NAN
|
Australia | AU$279.25 Million |
|
SDI Ltd
AU:SDI
|
Australia | AU$135.84 Million |
|
Austco Healthcare Ltd
AU:AHC
|
Australia | AU$91.07 Million |
|
Trajan Group Holdings Ltd
AU:TRJ
|
Australia | AU$192.32 Million |
Align Technology Inc - 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 | 1.39 | 1.21 | 1.32 |
| Quick Ratio | 1.28 | 1.08 | 1.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $749.58 Million | $411.08 Million | $535.24 Million |
Align Technology Inc - Advanced Valuation Insights
This section examines the relationship between Align Technology Inc'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 | 2.91 |
| Latest Market Cap to Assets Ratio | 1.94 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | $6.23 Billion |
| Market Capitalization | $12.09 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Align Technology Inc's assets above their book value (1.94x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Align Technology Inc's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Align Technology Inc (1999–2025)
The table below shows the annual total assets of Align Technology Inc from 1999 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $6.23 Billion | +0.31% |
| 2024-12-31 | $6.21 Billion | +2.15% |
| 2023-12-31 | $6.08 Billion | +2.29% |
| 2022-12-31 | $5.95 Billion | +0.10% |
| 2021-12-31 | $5.94 Billion | +23.03% |
| 2020-12-31 | $4.83 Billion | +93.13% |
| 2019-12-31 | $2.50 Billion | +21.84% |
| 2018-12-31 | $2.05 Billion | +15.45% |
| 2017-12-31 | $1.78 Billion | +27.34% |
| 2016-12-31 | $1.40 Billion | +20.50% |
| 2015-12-31 | $1.16 Billion | +17.27% |
| 2014-12-31 | $988.00 Million | +18.73% |
| 2013-12-31 | $832.15 Million | +10.03% |
| 2012-12-31 | $756.31 Million | +16.49% |
| 2011-12-31 | $649.26 Million | +36.13% |
| 2010-12-31 | $476.94 Million | +34.26% |
| 2009-12-31 | $355.24 Million | +27.17% |
| 2008-12-31 | $279.34 Million | +25.40% |
| 2007-12-31 | $222.76 Million | +46.98% |
| 2006-12-31 | $151.56 Million | +6.65% |
| 2005-12-31 | $142.11 Million | +8.72% |
| 2004-12-31 | $130.71 Million | +27.90% |
| 2003-12-31 | $102.20 Million | +10.07% |
| 2002-12-31 | $92.86 Million | -21.45% |
| 2001-12-31 | $118.22 Million | +67.54% |
| 2000-12-31 | $70.56 Million | +312.85% |
| 1999-12-31 | $17.09 Million | -- |
About Align Technology Inc
Align Technology, Inc. provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally. The company's Clear Aligner segment offers Invisalign comprehensive package to treat adults and teens malocclusion and features, and orthodontic needs of teenage or younger patients; and Invisalign First Phase I and Invisali… Read more