Fortrea Holdings Inc.
Fortrea Holdings Inc., a contract research organization, provides biopharmaceutical product and medical device development solutions to pharmaceutical, biotechnology, and medical device customers worldwide. It offers clinical services that provides development and consulting services to clinical pharmacology and clinical development spectrum. The company also offers delivery models that include f… Read more
Fortrea Holdings Inc. (FTRE) - Total Assets
Latest total assets as of September 2025: $2.74 Billion USD
Based on the latest financial reports, Fortrea Holdings Inc. (FTRE) holds total assets worth $2.74 Billion USD as of September 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.
Fortrea Holdings Inc. - Total Assets Trend (2021–2024)
This chart illustrates how Fortrea Holdings Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortrea Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Fortrea Holdings Inc.'s total assets of $2.74 Billion consist of 26.5% current assets and 73.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $694.00 Million | 19.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $655.70 Million | 18.3% |
| Goodwill | $1.71 Billion | 47.8% |
Asset Composition Trend (2021–2024)
This chart illustrates how Fortrea Holdings 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortrea Holdings Inc.'s current assets represent 26.5% of total assets in 2024, an increase from 25.6% in 2021.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, up from 2.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 65.0% of total assets, a decrease from 68.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 47.8% of total assets.
Fortrea Holdings Inc. Competitors by Total Assets
Key competitors of Fortrea Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MedPacto Inc
KQ:235980
|
Korea | ₩51.58 Billion |
|
2H0
F:2H0
|
Germany | €15.27 Million |
|
Shenzhen CAU Technology Co Ltd
SHE:000004
|
China | CN¥260.55 Million |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
China | CN¥9.58 Billion |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
China | CN¥841.96 Million |
|
Jiangsu Sihuan Bioengineering Co Ltd
SHE:000518
|
China | CN¥509.14 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
China | CN¥27.52 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
China | CN¥16.27 Billion |
Fortrea Holdings Inc. - 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 - Fortrea Holdings Inc. generates 0.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fortrea Holdings Inc. is currently not profitable relative to its asset base.
Fortrea Holdings 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 | 1.00 | 1.18 | 1.78 |
| Quick Ratio | 1.00 | 1.18 | 1.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.10 Million | $ 141.10 Million | $ 547.90 Million |
Fortrea Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Fortrea Holdings 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 | 1.84 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -17.4% |
| Total Assets | $3.58 Billion |
| Market Capitalization | $891.06 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fortrea Holdings Inc.'s assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Fortrea Holdings Inc.'s assets decreased by 17.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Fortrea Holdings Inc. (2021–2024)
The table below shows the annual total assets of Fortrea Holdings Inc. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.58 Billion | -17.39% |
| 2023-12-31 | $4.33 Billion | +1.04% |
| 2022-12-31 | $4.29 Billion | -1.85% |
| 2021-12-31 | $4.37 Billion | -- |