Shyft Group Inc (SHYF) - Total Assets
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. Explore Shyft Group Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
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. See SHYF net assets for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see Shyft Group Inc (SHYF) market capitalisation.
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 N.V.
AS:EXO
|
Netherlands | €40.00 Billion |
|
Shandong Hongyu Agricultural Machinery Co Ltd
SHE:002890
|
China | CN¥745.09 Million |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
|
IMDEX Ltd
AU:IMD
|
Australia | AU$830.15 Million |
|
Austin Engineering Ltd
AU:ANG
|
Australia | AU$273.50 Million |
|
Palfinger AG
VI:PAL
|
Austria | €2.12 Billion |
|
Rosenbauer International AG
VI:ROS
|
Austria | €1.39 Billion |
|
Marcopolo S.A
SA:POMO3
|
Brazil | R$9.72 Billion |
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 | 0.77 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | $568.75 Million |
| Market Capitalization | $439.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shyft Group Inc's assets below their book value (0.77x), 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 | -- |
About 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