John Bean Technologies Corporation
John Bean Technologies Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, ster… Read more
John Bean Technologies Corporation (JBT) - Total Assets
Latest total assets as of September 2024: $2.79 Billion USD
Based on the latest financial reports, John Bean Technologies Corporation (JBT) holds total assets worth $2.79 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.
John Bean Technologies Corporation - Total Assets Trend (2006–2023)
This chart illustrates how John Bean Technologies Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
John Bean Technologies Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
John Bean Technologies Corporation's total assets of $2.79 Billion consist of 40.6% current assets and 59.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.8% |
| Accounts Receivable | $288.90 Million | 10.7% |
| Inventory | $238.90 Million | 8.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $458.00 Million | 16.9% |
| Goodwill | $779.50 Million | 28.8% |
Asset Composition Trend (2006–2023)
This chart illustrates how John Bean Technologies 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: John Bean Technologies Corporation's current assets represent 40.6% of total assets in 2023, a decrease from 60.7% in 2006.
- Cash Position: Cash and equivalents constituted 17.8% of total assets in 2023, up from 2.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 44.0% of total assets, an increase from 8.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 28.8% of total assets.
John Bean Technologies Corporation Competitors by Total Assets
Key competitors of John Bean Technologies Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
USA | $165.80 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
China | CN¥2.14 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
John Bean Technologies 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
Moderate asset utilization - John Bean Technologies Corporation generates 0.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, John Bean Technologies Corporation generates $ 21.49 in net profit.
John Bean Technologies 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 | 2.55 | 1.87 | 1.49 |
| Quick Ratio | 2.00 | 1.48 | 0.98 |
| Cash Ratio | 0.00 | 0.69 | 0.00 |
| Working Capital | $732.20 Million | $ 507.30 Million | $ 233.70 Million |
John Bean Technologies Corporation - Advanced Valuation Insights
This section examines the relationship between John Bean Technologies 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 | 4.31 |
| Latest Market Cap to Assets Ratio | 1.47 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | $2.71 Billion |
| Market Capitalization | $3.99 Billion USD |
Valuation Analysis
Above Book Valuation: The market values John Bean Technologies Corporation's assets above their book value (1.47 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: John Bean Technologies Corporation's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for John Bean Technologies Corporation (2006–2023)
The table below shows the annual total assets of John Bean Technologies Corporation from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.71 Billion | +4.89% |
| 2022-12-31 | $2.58 Billion | +20.67% |
| 2021-12-31 | $2.14 Billion | +18.58% |
| 2020-12-31 | $1.81 Billion | -5.69% |
| 2019-12-31 | $1.91 Billion | +32.75% |
| 2018-12-31 | $1.44 Billion | +3.67% |
| 2017-12-31 | $1.39 Billion | +17.18% |
| 2016-12-31 | $1.19 Billion | +35.53% |
| 2015-12-31 | $876.10 Million | +25.55% |
| 2014-12-31 | $697.80 Million | +12.33% |
| 2013-12-31 | $621.20 Million | -8.38% |
| 2012-12-31 | $678.00 Million | +14.49% |
| 2011-12-31 | $592.20 Million | +1.72% |
| 2010-12-31 | $582.20 Million | +9.21% |
| 2009-12-31 | $533.10 Million | -9.84% |
| 2008-12-31 | $591.30 Million | +3.03% |
| 2007-12-31 | $573.90 Million | +11.09% |
| 2006-12-31 | $516.60 Million | -- |