VEON Ltd
VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The company offers fixed-line telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and i… Read more
VEON Ltd (VEON) - Total Assets
Latest total assets as of September 2025: $8.81 Billion USD
Based on the latest financial reports, VEON Ltd (VEON) holds total assets worth $8.81 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.
VEON Ltd - Total Assets Trend (2000–2024)
This chart illustrates how VEON Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
VEON Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
VEON Ltd's total assets of $8.81 Billion consist of 36.1% current assets and 63.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.0% |
| Accounts Receivable | $572.00 Million | 7.1% |
| Inventory | $15.00 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.17 Billion | 14.6% |
| Goodwill | $338.00 Million | 4.2% |
Asset Composition Trend (2000–2024)
This chart illustrates how VEON Ltd'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: VEON Ltd's current assets represent 36.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 21.0% of total assets in 2024, down from 21.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 11.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 14.6% of total assets.
VEON Ltd Competitors by Total Assets
Key competitors of VEON Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Airborne Wireless Network
PINK:ABWN
|
USA | $91.49K |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
VEON Ltd - 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
Moderate asset utilization - VEON Ltd generates 0.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, VEON Ltd generates $5.16 in net profit.
VEON Ltd - 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 | 0.95 | 0.79 | 0.65 |
| Quick Ratio | 0.95 | 0.78 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-159.00 Million | $ -647.00 Million | $ -1.56 Billion |
VEON Ltd - Advanced Valuation Insights
This section examines the relationship between VEON Ltd'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 | 2.48 |
| Latest Market Cap to Assets Ratio | 0.49 |
| Asset Growth Rate (YoY) | -46.7% |
| Total Assets | $8.04 Billion |
| Market Capitalization | $3.95 Billion USD |
Valuation Analysis
Below Book Valuation: The market values VEON Ltd's assets below their book value (0.49 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: VEON Ltd's assets decreased by 46.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for VEON Ltd (2000–2024)
The table below shows the annual total assets of VEON Ltd from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.04 Billion | -46.72% |
| 2023-12-31 | $15.08 Billion | -0.09% |
| 2022-12-31 | $15.10 Billion | -5.18% |
| 2021-12-31 | $15.92 Billion | +9.42% |
| 2020-12-31 | $14.55 Billion | -9.39% |
| 2019-12-31 | $16.06 Billion | +13.88% |
| 2018-12-31 | $14.10 Billion | -27.76% |
| 2017-12-31 | $19.52 Billion | -8.26% |
| 2016-12-31 | $21.28 Billion | -37.12% |
| 2015-12-31 | $33.84 Billion | -17.45% |
| 2014-12-31 | $41.00 Billion | -18.69% |
| 2013-12-31 | $50.42 Billion | -8.93% |
| 2012-12-31 | $55.36 Billion | +1.62% |
| 2011-12-31 | $54.48 Billion | +173.37% |
| 2010-12-31 | $19.93 Billion | +35.26% |
| 2009-12-31 | $14.73 Billion | -6.31% |
| 2008-12-31 | $15.73 Billion | +48.79% |
| 2007-12-31 | $10.57 Billion | +25.28% |
| 2006-12-31 | $8.44 Billion | +33.76% |
| 2005-12-31 | $6.31 Billion | +31.94% |
| 2004-12-31 | $4.78 Billion | +107.64% |
| 2003-12-31 | $2.30 Billion | +36.01% |
| 2002-12-31 | $1.69 Billion | +82.84% |
| 2001-12-31 | $925.81 Million | +32.20% |
| 2000-12-31 | $700.32 Million | -- |