Tennant Company (TNC) - Total Assets
Based on the latest financial reports, Tennant Company (TNC) holds total assets worth $1.26 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. See what is Tennant Company's book value for net asset value and shareholders' equity analysis.
Tennant Company - Total Assets Trend (1985–2024)
This chart illustrates how Tennant Company's total assets have evolved over time, based on quarterly financial data.
Tennant Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Tennant Company's total assets of $1.26 Billion consist of 48.5% current assets and 51.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $99.80 Million | 8.4% |
| Accounts Receivable | $259.10 Million | 21.8% |
| Inventory | $183.80 Million | 15.4% |
| Property, Plant & Equipment | $239.00 Million | 20.1% |
| Intangible Assets | $58.70 Million | 4.9% |
| Goodwill | $185.60 Million | 15.6% |
Asset Composition Trend (1985–2024)
This chart illustrates how Tennant Company'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 TNC market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tennant Company's current assets represent 48.5% of total assets in 2024, a decrease from 62.7% in 1985.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2024, up from 3.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 21.8% of total assets.
Tennant Company Competitors by Total Assets
Key competitors of Tennant Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
Tennant Company - 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 | 2.13 | 2.17 | 1.94 |
| Quick Ratio | 1.39 | 1.43 | 1.44 |
| Cash Ratio | 0.35 | 0.33 | 0.00 |
| Working Capital | $316.80 Million | $320.40 Million | $239.30 Million |
Tennant Company - Advanced Valuation Insights
This section examines the relationship between Tennant Company'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 | 2.35 |
| Latest Market Cap to Assets Ratio | 1.26 |
| Asset Growth Rate (YoY) | 6.9% |
| Total Assets | $1.19 Billion |
| Market Capitalization | $1.50 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Tennant Company's assets above their book value (1.26x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Tennant Company's assets grew by 6.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tennant Company (1985–2024)
The table below shows the annual total assets of Tennant Company from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.19 Billion | +6.89% |
| 2023-12-31 | $1.11 Billion | +2.61% |
| 2022-12-31 | $1.09 Billion | +2.20% |
| 2021-12-31 | $1.06 Billion | -1.93% |
| 2020-12-31 | $1.08 Billion | +1.85% |
| 2019-12-31 | $1.06 Billion | +7.09% |
| 2018-12-31 | $992.54 Million | -0.14% |
| 2017-12-31 | $993.98 Million | +111.47% |
| 2016-12-31 | $470.04 Million | +8.73% |
| 2015-12-31 | $432.30 Million | -11.22% |
| 2014-12-31 | $486.93 Million | +6.71% |
| 2013-12-31 | $456.31 Million | +8.45% |
| 2012-12-31 | $420.76 Million | -0.83% |
| 2011-12-31 | $424.26 Million | +5.10% |
| 2010-12-31 | $403.67 Million | +6.87% |
| 2009-12-31 | $377.73 Million | -17.27% |
| 2008-12-31 | $456.60 Million | +19.51% |
| 2007-12-31 | $382.07 Million | +7.85% |
| 2006-12-31 | $354.25 Million | +13.73% |
| 2005-12-31 | $311.47 Million | +8.99% |
| 2004-12-31 | $285.79 Million | +10.40% |
| 2003-12-31 | $258.87 Million | +1.03% |
| 2002-12-31 | $256.24 Million | +3.90% |
| 2001-12-31 | $246.62 Million | -6.33% |
| 2000-12-31 | $263.29 Million | +2.25% |
| 1999-12-31 | $257.50 Million | +7.70% |
| 1998-12-31 | $239.10 Million | +2.22% |
| 1997-12-31 | $233.90 Million | +6.71% |
| 1996-12-31 | $219.20 Million | +1.58% |
| 1995-12-31 | $215.80 Million | +18.05% |
| 1994-12-31 | $182.80 Million | +42.15% |
| 1993-12-31 | $128.60 Million | -0.31% |
| 1992-12-31 | $129.00 Million | +15.59% |
| 1991-12-31 | $111.60 Million | -3.96% |
| 1990-12-31 | $116.20 Million | -1.19% |
| 1989-12-31 | $117.60 Million | -0.17% |
| 1988-12-31 | $117.80 Million | +11.03% |
| 1987-12-31 | $106.10 Million | +11.68% |
| 1986-12-31 | $95.00 Million | +5.79% |
| 1985-12-31 | $89.80 Million | -- |
About Tennant Company
Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repai… Read more