Glatfelter
As of November 4, 2024, Glatfelter Corporation was acquired by Health, Hygiene and Specialties Global Nonwovens and Films Business of Berry Global Group, Inc.
Glatfelter (GLT) - Total Assets
Latest total assets as of September 2024: $1.52 Billion USD
Based on the latest financial reports, Glatfelter (GLT) holds total assets worth $1.52 Billion USD as of September 2024.
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.
Glatfelter - Total Assets Trend (1985–2023)
This chart illustrates how Glatfelter’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glatfelter - Asset Composition Analysis
Current Asset Composition (December 2023)
Glatfelter's total assets of $1.52 Billion consist of 38.8% current assets and 61.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $170.97 Million | 10.9% |
| Inventory | $298.25 Million | 19.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $106.33 Million | 6.8% |
| Goodwill | $107.69 Million | 6.9% |
Asset Composition Trend (1985–2023)
This chart illustrates how Glatfelter'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: Glatfelter's current assets represent 38.8% of total assets in 2023, an increase from 29.6% in 1985.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, down from 16.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
Glatfelter Competitors by Total Assets
Key competitors of Glatfelter based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shandong Chenming Paper Holdings Ltd
SHE:000488
|
China | CN¥52.85 Billion |
|
MCC Meili Paper Industry Co Ltd
SHE:000815
|
China | CN¥2.32 Billion |
|
Papercorea
KO:001020
|
Korea | ₩485.02 Billion |
|
Zhejiang Kan Specialities Material Co Ltd
SHE:002012
|
China | CN¥1.86 Billion |
|
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067
|
China | CN¥9.00 Billion |
|
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
|
China | CN¥57.85 Billion |
|
Xiamen Anne Corp Ltd
SHE:002235
|
China | CN¥1.20 Billion |
|
Asia Paper
KO:002310
|
Korea | ₩1.05 Trillion |
Glatfelter - 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 - Glatfelter generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Glatfelter is currently not profitable relative to its asset base.
Glatfelter - 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 | 2.23 | 0.21 | 2.07 |
| Quick Ratio | 1.04 | -0.97 | 1.24 |
| Cash Ratio | 0.00 | 0.21 | 0.00 |
| Working Capital | $323.27 Million | $ -202.84 Million | $ 246.83 Million |
Glatfelter - Advanced Valuation Insights
This section examines the relationship between Glatfelter'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 | 3.42 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | $1.56 Billion |
| Market Capitalization | $59.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Glatfelter's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Glatfelter's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Glatfelter (1985–2023)
The table below shows the annual total assets of Glatfelter from 1985 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.56 Billion | -5.07% |
| 2022-12-31 | $1.65 Billion | -12.29% |
| 2021-12-31 | $1.88 Billion | +45.93% |
| 2020-12-31 | $1.29 Billion | +0.26% |
| 2019-12-31 | $1.28 Billion | -4.18% |
| 2018-12-31 | $1.34 Billion | -22.59% |
| 2017-12-31 | $1.73 Billion | +13.77% |
| 2016-12-31 | $1.52 Billion | +1.17% |
| 2015-12-31 | $1.50 Billion | -3.71% |
| 2014-12-31 | $1.56 Billion | -6.89% |
| 2013-12-31 | $1.68 Billion | +34.92% |
| 2012-12-31 | $1.24 Billion | +9.33% |
| 2011-12-31 | $1.14 Billion | -15.27% |
| 2010-12-31 | $1.34 Billion | +12.72% |
| 2009-12-31 | $1.19 Billion | +12.58% |
| 2008-12-31 | $1.06 Billion | -17.85% |
| 2007-12-31 | $1.29 Billion | +5.01% |
| 2006-12-31 | $1.23 Billion | +17.29% |
| 2005-12-31 | $1.04 Billion | -0.69% |
| 2004-12-31 | $1.05 Billion | +2.46% |
| 2003-12-31 | $1.03 Billion | +7.31% |
| 2002-12-31 | $957.03 Million | -0.38% |
| 2001-12-31 | $960.72 Million | -5.18% |
| 2000-12-31 | $1.01 Billion | +0.94% |
| 1999-12-31 | $1.00 Billion | +1.32% |
| 1998-12-31 | $990.70 Million | +5.66% |
| 1997-12-31 | $937.60 Million | +31.08% |
| 1996-12-31 | $715.30 Million | +6.27% |
| 1995-12-31 | $673.10 Million | +3.43% |
| 1994-12-31 | $650.80 Million | -22.72% |
| 1993-12-31 | $842.10 Million | +29.85% |
| 1992-12-31 | $648.50 Million | +2.92% |
| 1991-12-31 | $630.10 Million | +5.23% |
| 1990-12-31 | $598.80 Million | +8.87% |
| 1989-12-31 | $550.00 Million | -17.04% |
| 1988-12-31 | $663.00 Million | +7.56% |
| 1987-12-31 | $616.40 Million | +77.74% |
| 1986-12-31 | $346.80 Million | +8.00% |
| 1985-12-31 | $321.10 Million | -- |