Albany International Corporation
Albany International Corp., together with its subsidiaries, engages in the machine clothing and engineered composites businesses. It operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building pro… Read more
Albany International Corporation (AIN) - Total Assets
Latest total assets as of September 2025: $1.70 Billion USD
Based on the latest financial reports, Albany International Corporation (AIN) holds total assets worth $1.70 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.
Albany International Corporation - Total Assets Trend (1985–2024)
This chart illustrates how Albany International Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Albany International Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Albany International Corporation's total assets of $1.70 Billion consist of 44.3% current assets and 55.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $115.28 Million | 7.0% |
| Accounts Receivable | $413.25 Million | 25.1% |
| Inventory | $145.84 Million | 8.9% |
| Property, Plant & Equipment | $625.10 Million | 37.9% |
| Intangible Assets | $38.13 Million | 2.3% |
| Goodwill | $176.26 Million | 10.7% |
Asset Composition Trend (1985–2024)
This chart illustrates how Albany International Corporation'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: Albany International Corporation's current assets represent 44.3% of total assets in 2024, an increase from 40.1% in 1985.
- Cash Position: Cash and equivalents constituted 7.0% of total assets in 2024, up from 0.9% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 10.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.9% of total assets.
Albany International Corporation Competitors by Total Assets
Key competitors of Albany International Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Albany International Corporation - 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 - Albany International Corporation generates 0.75x 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, Albany International Corporation generates $5.31 in net profit.
Albany International Corporation - 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 | 2.34 | 3.68 | 3.76 |
| Quick Ratio | 1.84 | 2.94 | 3.18 |
| Cash Ratio | 0.34 | 0.58 | 0.00 |
| Working Capital | $424.14 Million | $ 585.59 Million | $ 526.41 Million |
Albany International Corporation - Advanced Valuation Insights
This section examines the relationship between Albany International Corporation'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 | 2.24 |
| Latest Market Cap to Assets Ratio | 0.94 |
| Asset Growth Rate (YoY) | -10.2% |
| Total Assets | $1.65 Billion |
| Market Capitalization | $1.55 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Albany International Corporation's assets close to their book value ( 0.94x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Albany International Corporation's assets decreased by 10.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Albany International Corporation (1985–2024)
The table below shows the annual total assets of Albany International Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.65 Billion | -10.15% |
| 2023-12-31 | $1.84 Billion | +11.74% |
| 2022-12-31 | $1.64 Billion | +5.54% |
| 2021-12-31 | $1.56 Billion | +0.40% |
| 2020-12-31 | $1.55 Billion | +5.13% |
| 2019-12-31 | $1.47 Billion | +3.98% |
| 2018-12-31 | $1.42 Billion | +4.29% |
| 2017-12-31 | $1.36 Billion | +7.62% |
| 2016-12-31 | $1.26 Billion | +25.15% |
| 2015-12-31 | $1.01 Billion | -1.92% |
| 2014-12-31 | $1.03 Billion | -11.79% |
| 2013-12-31 | $1.17 Billion | +0.88% |
| 2012-12-31 | $1.16 Billion | -6.03% |
| 2011-12-31 | $1.23 Billion | -3.71% |
| 2010-12-31 | $1.28 Billion | -4.91% |
| 2009-12-31 | $1.34 Billion | -4.35% |
| 2008-12-31 | $1.41 Billion | -7.96% |
| 2007-12-31 | $1.53 Billion | +16.87% |
| 2006-12-31 | $1.31 Billion | +20.19% |
| 2005-12-31 | $1.09 Billion | -5.95% |
| 2004-12-31 | $1.16 Billion | +1.48% |
| 2003-12-31 | $1.14 Billion | +12.60% |
| 2002-12-31 | $1.01 Billion | +8.54% |
| 2001-12-31 | $931.93 Million | -16.21% |
| 2000-12-31 | $1.11 Billion | -7.84% |
| 1999-12-31 | $1.21 Billion | +39.30% |
| 1998-12-31 | $866.37 Million | +8.72% |
| 1997-12-31 | $796.90 Million | -3.37% |
| 1996-12-31 | $824.70 Million | +3.54% |
| 1995-12-31 | $796.52 Million | +10.42% |
| 1994-12-31 | $721.39 Million | +10.06% |
| 1993-12-31 | $655.42 Million | +1.46% |
| 1992-12-31 | $646.00 Million | -4.25% |
| 1991-12-31 | $674.70 Million | -4.07% |
| 1990-12-31 | $703.30 Million | +24.19% |
| 1989-12-31 | $566.30 Million | +18.67% |
| 1988-12-31 | $477.20 Million | +14.24% |
| 1987-12-31 | $417.70 Million | +16.12% |
| 1986-12-31 | $359.70 Million | +10.34% |
| 1985-12-31 | $326.00 Million | -- |