FARO Technologies Inc (FARO) - Total Assets
Based on the latest financial reports, FARO Technologies Inc (FARO) holds total assets worth $495.03 Million USD as of March 2025. 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 total reinvestment intensity of FARO Technologies Inc to assess the company's total reinvestment commitment from operating cash flow.
FARO Technologies Inc - Total Assets Trend (1996–2024)
This chart illustrates how FARO Technologies Inc's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of FARO Technologies Inc to see how much of total assets are deployed in long-term investments.
FARO Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
FARO Technologies Inc's total assets of $495.03 Million consist of 51.4% current assets and 48.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.4% |
| Accounts Receivable | $87.02 Million | 18.0% |
| Inventory | $32.12 Million | 6.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $44.13 Million | 9.1% |
| Goodwill | $106.56 Million | 22.1% |
Asset Composition Trend (1996–2024)
This chart illustrates how FARO Technologies 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 FARO market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FARO Technologies Inc's current assets represent 51.4% of total assets in 2024, a decrease from 88.5% in 1996.
- Cash Position: Cash and equivalents constituted 18.4% of total assets in 2024, up from 3.9% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 6.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 22.1% of total assets.
FARO Technologies Inc Competitors by Total Assets
Key competitors of FARO Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
China | CN¥1.50 Billion |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
China | CN¥827.96 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
China | CN¥1.29 Billion |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
China | CN¥850.85 Million |
|
Crest Group Berhad
KLSE:0323
|
Malaysia | RM108.87 Million |
|
X2M Connect Ltd
AU:X2M
|
Australia | AU$4.78 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$912.27 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
FARO Technologies 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 | 2.31 | 2.32 | 2.93 |
| Quick Ratio | 2.01 | 2.00 | 2.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $144.60 Million | $144.08 Million | $194.90 Million |
FARO Technologies Inc - Advanced Valuation Insights
This section examines the relationship between FARO Technologies 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 | 3.27 |
| Latest Market Cap to Assets Ratio | 1.76 |
| Asset Growth Rate (YoY) | -4.3% |
| Total Assets | $483.00 Million |
| Market Capitalization | $849.75 Million USD |
Valuation Analysis
Above Book Valuation: The market values FARO Technologies Inc's assets above their book value (1.76x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: FARO Technologies Inc's assets decreased by 4.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for FARO Technologies Inc (1996–2024)
The table below shows the annual total assets of FARO Technologies Inc from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $483.00 Million | -4.30% |
| 2023-12-31 | $504.69 Million | +6.62% |
| 2022-12-31 | $473.35 Million | -1.33% |
| 2021-12-31 | $479.74 Million | -8.72% |
| 2020-12-31 | $525.59 Million | +7.96% |
| 2019-12-31 | $486.84 Million | -3.83% |
| 2018-12-31 | $506.24 Million | +10.39% |
| 2017-12-31 | $458.58 Million | +8.23% |
| 2016-12-31 | $423.71 Million | +3.55% |
| 2015-12-31 | $409.19 Million | -3.83% |
| 2014-12-31 | $425.46 Million | +8.68% |
| 2013-12-31 | $391.50 Million | +11.60% |
| 2012-12-31 | $350.81 Million | +12.15% |
| 2011-12-31 | $312.79 Million | +17.58% |
| 2010-12-31 | $266.02 Million | +12.86% |
| 2009-12-31 | $235.71 Million | -9.10% |
| 2008-12-31 | $259.31 Million | +6.48% |
| 2007-12-31 | $243.54 Million | +68.80% |
| 2006-12-31 | $144.28 Million | +17.63% |
| 2005-12-31 | $122.65 Million | +16.72% |
| 2004-12-31 | $105.08 Million | +28.28% |
| 2003-12-31 | $81.91 Million | +81.25% |
| 2002-12-31 | $45.19 Million | +13.97% |
| 2001-12-31 | $39.65 Million | -11.29% |
| 2000-12-31 | $44.70 Million | +6.16% |
| 1999-12-31 | $42.10 Million | -14.25% |
| 1998-12-31 | $49.10 Million | +19.17% |
| 1997-12-31 | $41.20 Million | +428.21% |
| 1996-12-31 | $7.80 Million | -- |
About FARO Technologies Inc
FARO Technologies, Inc. designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M), and public safety analytics markets. The company was founded in 1981 and is based in Lake Mary, Florida. FARO Technologies, In… Read more