Smith-Midland Corp (SMID) - Total Assets
Based on the latest financial reports, Smith-Midland Corp (SMID) holds total assets worth $87.73 Million 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. Explore SMID operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Smith-Midland Corp - Total Assets Trend (1994–2025)
This chart illustrates how Smith-Midland Corp's total assets have evolved over time, based on quarterly financial data. See SMID net assets for net asset value and shareholders' equity analysis.
Smith-Midland Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Smith-Midland Corp's total assets of $87.73 Million consist of 55.6% current assets and 44.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.6% |
| Accounts Receivable | $28.40 Million | 32.4% |
| Inventory | $6.93 Million | 7.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1994–2025)
This chart illustrates how Smith-Midland Corp'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 market value of Smith-Midland Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Smith-Midland Corp's current assets represent 55.6% of total assets in 2025, a decrease from 59.7% in 1994.
- Cash Position: Cash and equivalents constituted 13.6% of total assets in 2025, up from 1.6% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 32.4% of total assets.
Smith-Midland Corp Competitors by Total Assets
Key competitors of Smith-Midland Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangdong Tapai Group Co Ltd
SHE:002233
|
China | CN¥13.41 Billion |
|
Suncrete, Inc. Class A Common Stock
NASDAQ:RMIX
|
USA | $264.66 Million |
|
Luoyang Glass
SHG:600876
|
China | CN¥13.57 Billion |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
Chile | CL$422.93 Billion |
|
Kia Lim Bhd
KLSE:6211
|
Malaysia | RM84.11 Million |
|
Baumart Holdings Ltd
AU:BMH
|
Australia | AU$726.79K |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA
|
Argentina | AR$1.85 Trillion |
|
Holcim Argentina SA
BA:HARG
|
Argentina | AR$986.73 Billion |
Smith-Midland Corp - 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 | 3.40 | 2.39 | 2.15 |
| Quick Ratio | 2.92 | 1.94 | 1.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $34.41 Million | $20.84 Million | $16.16 Million |
Smith-Midland Corp - Advanced Valuation Insights
This section examines the relationship between Smith-Midland Corp'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 | 3.40 |
| Latest Market Cap to Assets Ratio | 1.64 |
| Asset Growth Rate (YoY) | 29.0% |
| Total Assets | $87.73 Million |
| Market Capitalization | $144.02 Million USD |
Valuation Analysis
Above Book Valuation: The market values Smith-Midland Corp's assets above their book value (1.64x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Smith-Midland Corp's assets grew by 29.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Smith-Midland Corp (1994–2025)
The table below shows the annual total assets of Smith-Midland Corp from 1994 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $87.73 Million | +29.03% |
| 2024-12-31 | $67.99 Million | +10.83% |
| 2023-12-31 | $61.35 Million | +12.95% |
| 2022-12-31 | $54.31 Million | +1.95% |
| 2021-12-31 | $53.27 Million | +14.57% |
| 2020-12-31 | $46.50 Million | +4.26% |
| 2019-12-31 | $44.60 Million | +7.81% |
| 2018-12-31 | $41.37 Million | +41.55% |
| 2017-12-31 | $29.23 Million | +21.51% |
| 2016-12-31 | $24.05 Million | +27.60% |
| 2015-12-31 | $18.85 Million | +15.66% |
| 2014-12-31 | $16.30 Million | -12.64% |
| 2013-12-31 | $18.66 Million | +10.93% |
| 2012-12-31 | $16.82 Million | -4.05% |
| 2011-12-31 | $17.53 Million | -3.28% |
| 2010-12-31 | $18.12 Million | +18.03% |
| 2009-12-31 | $15.35 Million | -1.26% |
| 2008-12-31 | $15.55 Million | +7.71% |
| 2007-12-31 | $14.44 Million | -1.48% |
| 2006-12-31 | $14.65 Million | +16.24% |
| 2005-12-31 | $12.61 Million | +12.24% |
| 2004-12-31 | $11.23 Million | -11.84% |
| 2003-12-31 | $12.74 Million | -5.61% |
| 2002-12-31 | $13.50 Million | -1.04% |
| 2001-12-31 | $13.64 Million | +23.52% |
| 2000-12-31 | $11.04 Million | +20.37% |
| 1999-12-31 | $9.17 Million | -4.10% |
| 1998-12-31 | $9.57 Million | +21.21% |
| 1997-12-31 | $7.89 Million | +9.69% |
| 1996-12-31 | $7.19 Million | -0.07% |
| 1995-12-31 | $7.20 Million | +16.13% |
| 1994-12-31 | $6.20 Million | -- |
About Smith-Midland Corp
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells, and installs various precast concrete products and systems. The company offers SlenderWall lightweight construction panel, a lightweight exterior cladding used for the exterior walls of buildings; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, … Read more