Shyft Group Inc
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocer… Read more
Shyft Group Inc (SHYF) - Total Assets
Latest total assets as of March 2025: $581.08 Million USD
Based on the latest financial reports, Shyft Group Inc (SHYF) holds total assets worth $581.08 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.
Shyft Group Inc - Total Assets Trend (1985–2024)
This chart illustrates how Shyft Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shyft Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Shyft Group Inc's total assets of $581.08 Million consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $164.60 Million | 28.9% |
| Inventory | $109.86 Million | 19.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $59.06 Million | 10.4% |
| Goodwill | $64.09 Million | 11.3% |
Asset Composition Trend (1985–2024)
This chart illustrates how Shyft Group 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: Shyft Group Inc's current assets represent 52.3% of total assets in 2024, a decrease from 87.2% in 1985.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, down from 6.4% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 28.9% of total assets.
Shyft Group Inc Competitors by Total Assets
Key competitors of Shyft Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Shyft Group 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 - Shyft Group Inc generates 1.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Shyft Group Inc is currently not profitable relative to its asset base.
Shyft Group 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 | 1.72 | 1.77 | 2.03 |
| Quick Ratio | 1.15 | 1.12 | 1.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $131.23 Million | $ 116.70 Million | $ 88.54 Million |
Shyft Group Inc - Advanced Valuation Insights
This section examines the relationship between Shyft Group 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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.71 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | $568.75 Million |
| Market Capitalization | $403.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shyft Group Inc's assets below their book value (0.71 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shyft Group Inc's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shyft Group Inc (1985–2024)
The table below shows the annual total assets of Shyft Group Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $568.75 Million | +7.30% |
| 2023-12-31 | $530.05 Million | -8.69% |
| 2022-12-31 | $580.48 Million | +29.61% |
| 2021-12-31 | $447.87 Million | +24.74% |
| 2020-12-31 | $359.05 Million | -20.31% |
| 2019-12-31 | $450.54 Million | +27.35% |
| 2018-12-31 | $353.78 Million | +17.47% |
| 2017-12-31 | $301.16 Million | +23.79% |
| 2016-12-31 | $243.29 Million | +5.47% |
| 2015-12-31 | $230.67 Million | -3.41% |
| 2014-12-31 | $238.81 Million | -6.26% |
| 2013-12-31 | $254.75 Million | +3.92% |
| 2012-12-31 | $245.15 Million | -1.39% |
| 2011-12-31 | $248.61 Million | +2.84% |
| 2010-12-31 | $241.75 Million | -17.57% |
| 2009-12-31 | $293.28 Million | +12.31% |
| 2008-12-31 | $261.14 Million | -18.05% |
| 2007-12-31 | $318.66 Million | +67.15% |
| 2006-12-31 | $190.65 Million | +54.74% |
| 2005-12-31 | $123.21 Million | +15.24% |
| 2004-12-31 | $106.91 Million | +17.00% |
| 2003-12-31 | $91.38 Million | +3.48% |
| 2002-12-31 | $88.31 Million | +13.79% |
| 2001-12-31 | $77.61 Million | -21.05% |
| 2000-12-31 | $98.31 Million | -19.88% |
| 1999-12-31 | $122.70 Million | -2.54% |
| 1998-12-31 | $125.90 Million | +55.05% |
| 1997-12-31 | $81.20 Million | +1.88% |
| 1996-12-31 | $79.70 Million | +5.98% |
| 1995-12-31 | $75.20 Million | -7.27% |
| 1994-12-31 | $81.10 Million | +13.74% |
| 1993-12-31 | $71.30 Million | +26.42% |
| 1992-12-31 | $56.40 Million | +62.54% |
| 1991-12-31 | $34.70 Million | +46.41% |
| 1990-12-31 | $23.70 Million | +37.79% |
| 1989-12-31 | $17.20 Million | +1.78% |
| 1988-12-31 | $16.90 Million | +43.22% |
| 1987-12-31 | $11.80 Million | +59.46% |
| 1986-12-31 | $7.40 Million | +57.45% |
| 1985-12-31 | $4.70 Million | -- |