Genie Energy Ltd (GNE) - Total Assets
Based on the latest financial reports, Genie Energy Ltd (GNE) holds total assets worth $394.12 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. See GNE net assets for net asset value and shareholders' equity analysis.
Genie Energy Ltd - Total Assets Trend (2009–2024)
This chart illustrates how Genie Energy Ltd's total assets have evolved over time, based on quarterly financial data.
Genie Energy Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Genie Energy Ltd's total assets of $394.12 Million consist of 61.3% current assets and 38.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $104.46 Million | 28.1% |
| Accounts Receivable | $61.86 Million | 16.7% |
| Inventory | $12.19 Million | 3.3% |
| Property, Plant & Equipment | $31.02 Million | 8.4% |
| Intangible Assets | $2.37 Million | 0.6% |
| Goodwill | $12.75 Million | 3.4% |
Asset Composition Trend (2009–2024)
This chart illustrates how Genie Energy 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. For live market cap, price, and company overview, see GNE market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Genie Energy Ltd's current assets represent 61.3% of total assets in 2024, a decrease from 83.0% in 2009.
- Cash Position: Cash and equivalents constituted 28.1% of total assets in 2024, up from 9.8% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 7.0% in 2009.
- Asset Diversification: The largest asset category is cash and equivalents at 28.1% of total assets.
Genie Energy Ltd Competitors by Total Assets
Key competitors of Genie Energy Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
National Grid plc
F:NNGD
|
Germany | €106.74 Billion |
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
China | CN¥56.20 Billion |
|
Jilin Power Share Co Ltd
SHE:000875
|
China | CN¥87.85 Billion |
|
Luenmei Quantum Co Ltd
SHG:600167
|
China | CN¥16.03 Billion |
|
Emera Inc.
TO:EMA
|
Canada | CA$44.82 Billion |
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
China | CN¥1.62 Billion |
|
Central Puerto S.A.
BA:CEPU
|
Argentina | AR$3.67 Trillion |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
Argentina | AR$1.03 Trillion |
Genie Energy 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 | 1.91 | 2.56 | 1.37 |
| Quick Ratio | 1.74 | 2.47 | 1.20 |
| Cash Ratio | 0.87 | 1.53 | 0.00 |
| Working Capital | $113.25 Million | $138.84 Million | $36.35 Million |
Genie Energy Ltd - Advanced Valuation Insights
This section examines the relationship between Genie Energy 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 | 1.92 |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 12.3% |
| Total Assets | $371.27 Million |
| Market Capitalization | $355.87 Million USD |
Valuation Analysis
Near Book Valuation: The market values Genie Energy Ltd's assets close to their book value (0.96x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Genie Energy Ltd's assets grew by 12.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Genie Energy Ltd (2009–2024)
The table below shows the annual total assets of Genie Energy Ltd from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $371.27 Million | +12.32% |
| 2023-12-31 | $330.56 Million | +19.07% |
| 2022-12-31 | $277.62 Million | +20.98% |
| 2021-12-31 | $229.47 Million | +22.49% |
| 2020-12-31 | $187.34 Million | +19.90% |
| 2019-12-31 | $156.24 Million | +6.39% |
| 2018-12-31 | $146.86 Million | +16.76% |
| 2017-12-31 | $125.78 Million | +3.25% |
| 2016-12-31 | $121.81 Million | -21.82% |
| 2015-12-31 | $155.81 Million | +1.89% |
| 2014-12-31 | $152.93 Million | -3.72% |
| 2013-12-31 | $158.84 Million | +5.68% |
| 2012-12-31 | $150.31 Million | +0.07% |
| 2011-12-31 | $150.19 Million | +163.51% |
| 2010-12-31 | $57.00 Million | +11.82% |
| 2009-12-31 | $50.97 Million | -- |
About Genie Energy Ltd
Genie Energy Ltd., through its subsidiaries, provides energy services in the United States and internationally. It operates in two segments, Genie Retail Energy and Genie Renewables. The company resells electricity and natural gas to residential and small business customers in the Eastern and Midwestern United States and Texas; and develops, constructs, and operates utility-scale solar energy pro… Read more