Tecnoglass Inc
Tecnoglass Inc. manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally. The company provides low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products. It offers a… Read more
Tecnoglass Inc (TGLS) - Total Assets
Latest total assets as of September 2025: $1.23 Billion USD
Based on the latest financial reports, Tecnoglass Inc (TGLS) holds total assets worth $1.23 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.
Tecnoglass Inc - Total Assets Trend (2011–2024)
This chart illustrates how Tecnoglass Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tecnoglass Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tecnoglass Inc's total assets of $1.23 Billion consist of 55.1% current assets and 44.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.3% |
| Accounts Receivable | $231.43 Million | 22.8% |
| Inventory | $139.64 Million | 13.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.39 Million | 0.4% |
| Goodwill | $23.56 Million | 2.3% |
Asset Composition Trend (2011–2024)
This chart illustrates how Tecnoglass Inc'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: Tecnoglass Inc's current assets represent 55.1% of total assets in 2024, an increase from 1.9% in 2011.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2024, up from 1.9% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 22.8% of total assets.
Tecnoglass Inc Competitors by Total Assets
Key competitors of Tecnoglass Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CSG Holding Co Ltd
SHE:000012
|
China | CN¥31.27 Billion |
|
Tangshan Jidong Cement Co Ltd
SHE:000401
|
China | CN¥58.66 Billion |
|
Chosun Refractories Co Ltd
KO:000480
|
Korea | ₩1.60 Trillion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
China | CN¥16.88 Billion |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
China | CN¥15.80 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
China | CN¥289.73 Billion |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
China | CN¥2.25 Billion |
|
Tongyang Inc
KO:001525
|
Korea | ₩1.31 Trillion |
Tecnoglass Inc - 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 - Tecnoglass Inc generates 0.88x 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, Tecnoglass Inc generates $ 15.87 in net profit.
Tecnoglass Inc - 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 | 1.98 | 2.21 | 3.03 |
| Quick Ratio | 1.40 | 1.63 | 2.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $325.83 Million | $ 299.51 Million | $ 191.10 Million |
Tecnoglass Inc - Advanced Valuation Insights
This section examines the relationship between Tecnoglass Inc'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 | 3.17 |
| Latest Market Cap to Assets Ratio | 1.16 |
| Asset Growth Rate (YoY) | 5.6% |
| Total Assets | $1.02 Billion |
| Market Capitalization | $1.18 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Tecnoglass Inc's assets above their book value (1.16 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Tecnoglass Inc's assets grew by 5.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tecnoglass Inc (2011–2024)
The table below shows the annual total assets of Tecnoglass Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.02 Billion | +5.60% |
| 2023-12-31 | $962.72 Million | +31.11% |
| 2022-12-31 | $734.31 Million | +24.13% |
| 2021-12-31 | $591.56 Million | +11.59% |
| 2020-12-31 | $530.11 Million | -6.94% |
| 2019-12-31 | $569.67 Million | +16.31% |
| 2018-12-31 | $489.77 Million | +4.65% |
| 2017-12-31 | $468.00 Million | +17.16% |
| 2016-12-31 | $399.46 Million | +24.83% |
| 2015-12-31 | $319.99 Million | +25.05% |
| 2014-12-31 | $255.89 Million | +3.09% |
| 2013-12-31 | $248.21 Million | +61.16% |
| 2012-12-31 | $154.02 Million | +96320.34% |
| 2011-12-31 | $159.74K | -- |