CTS Corporation (CTS) - Total Assets
Based on the latest financial reports, CTS Corporation (CTS) holds total assets worth $790.37 Million 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. Explore CTS Corporation (CTS) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
CTS Corporation - Total Assets Trend (1985–2024)
This chart illustrates how CTS Corporation's total assets have evolved over time, based on quarterly financial data. See CTS total equity for net asset value and shareholders' equity analysis.
CTS Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
CTS Corporation's total assets of $790.37 Million consist of 31.9% current assets and 68.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $94.33 Million | 12.3% |
| Accounts Receivable | $77.65 Million | 10.1% |
| Inventory | $53.58 Million | 7.0% |
| Property, Plant & Equipment | $117.30 Million | 15.3% |
| Intangible Assets | $163.88 Million | 21.4% |
| Goodwill | $199.89 Million | 26.1% |
Asset Composition Trend (1985–2024)
This chart illustrates how CTS 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. For live market cap, price, and company overview, see CTS Corporation (CTS) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CTS Corporation's current assets represent 31.9% of total assets in 2024, a decrease from 57.7% in 1985.
- Cash Position: Cash and equivalents constituted 12.3% of total assets in 2024, up from 6.2% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 8.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 26.1% of total assets.
CTS Corporation Competitors by Total Assets
Key competitors of CTS Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Taiwan Union Technology
TWO:6274
|
Taiwan | NT$44.26 Billion |
|
Anhui Tongguan Copper Foil Group Co. Ltd.
SHE:301217
|
China | CN¥7.80 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
Taiwan | NT$674.16 Billion |
|
Zhejiang Crystal Optech Co Ltd
SHE:002273
|
China | CN¥13.97 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
China | CN¥9.59 Billion |
|
Guangdong Kingshine Electronic Tech
SHE:300903
|
China | CN¥6.61 Billion |
|
Poco Holding Co Ltd
SHE:300811
|
China | CN¥3.80 Billion |
CTS 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 | 2.64 | 2.46 | 2.22 |
| Quick Ratio | 2.12 | 1.91 | 1.79 |
| Cash Ratio | 1.05 | 0.91 | 0.00 |
| Working Capital | $171.41 Million | $151.76 Million | $128.30 Million |
CTS Corporation - Advanced Valuation Insights
This section examines the relationship between CTS 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 | 2.42 |
| Latest Market Cap to Assets Ratio | 1.77 |
| Asset Growth Rate (YoY) | 3.4% |
| Total Assets | $766.11 Million |
| Market Capitalization | $1.36 Billion USD |
Valuation Analysis
Above Book Valuation: The market values CTS Corporation's assets above their book value (1.77x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: CTS Corporation's assets grew by 3.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CTS Corporation (1985–2024)
The table below shows the annual total assets of CTS Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $766.11 Million | +3.37% |
| 2023-12-31 | $741.17 Million | -0.98% |
| 2022-12-31 | $748.49 Million | +12.65% |
| 2021-12-31 | $664.46 Million | +6.14% |
| 2020-12-31 | $626.05 Million | -2.69% |
| 2019-12-31 | $643.35 Million | +17.33% |
| 2018-12-31 | $548.34 Million | +1.98% |
| 2017-12-31 | $537.68 Million | +3.86% |
| 2016-12-31 | $517.70 Million | +6.93% |
| 2015-12-31 | $484.13 Million | +5.95% |
| 2014-12-31 | $456.93 Million | -4.86% |
| 2013-12-31 | $480.26 Million | -14.40% |
| 2012-12-31 | $561.07 Million | +16.69% |
| 2011-12-31 | $480.81 Million | -0.37% |
| 2010-12-31 | $482.58 Million | +18.38% |
| 2009-12-31 | $407.66 Million | -16.54% |
| 2008-12-31 | $488.45 Million | -10.16% |
| 2007-12-31 | $543.69 Million | +3.00% |
| 2006-12-31 | $527.83 Million | -1.14% |
| 2005-12-31 | $533.94 Million | +2.25% |
| 2004-12-31 | $522.18 Million | +8.28% |
| 2003-12-31 | $482.25 Million | -1.59% |
| 2002-12-31 | $490.03 Million | -13.72% |
| 2001-12-31 | $567.93 Million | -15.60% |
| 2000-12-31 | $672.93 Million | +28.74% |
| 1999-12-31 | $522.70 Million | +78.27% |
| 1998-12-31 | $293.20 Million | -11.04% |
| 1997-12-31 | $329.60 Million | +32.16% |
| 1996-12-31 | $249.40 Million | +9.82% |
| 1995-12-31 | $227.10 Million | +9.82% |
| 1994-12-31 | $206.80 Million | +11.72% |
| 1993-12-31 | $185.10 Million | +8.37% |
| 1992-12-31 | $170.80 Million | -3.17% |
| 1991-12-31 | $176.40 Million | +2.26% |
| 1990-12-31 | $172.50 Million | -2.32% |
| 1989-12-31 | $176.60 Million | -6.06% |
| 1988-12-31 | $188.00 Million | -8.47% |
| 1987-12-31 | $205.40 Million | -1.20% |
| 1986-12-31 | $207.90 Million | -2.53% |
| 1985-12-31 | $213.30 Million | -- |
About CTS Corporation
CTS Corporation designs, manufactures, and sells sensors, connectivity components, and actuators in North America, Europe, and Asia. The company offers controls, pedals, sensors, switches, transducers, and piezo sensing products; EMI/RFI filters, capacitors, resistors, RF filters, and frequency control products; and piezo microactuators and rotary actuators. It serves transportation, industrial, … Read more