Vestis Corporation (VSTS) - Total Assets
Based on the latest financial reports, Vestis Corporation (VSTS) holds total assets worth $3.02 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. Check VSTS cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Vestis Corporation - Total Assets Trend (2021–2025)
This chart illustrates how Vestis Corporation's total assets have evolved over time, based on quarterly financial data. Check VSTS operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Vestis Corporation - Asset Composition Analysis
Current Asset Composition (September 2025)
Vestis Corporation's total assets of $3.02 Billion consist of 29.2% current assets and 70.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $162.29 Million | 5.6% |
| Inventory | $179.02 Million | 6.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $188.84 Million | 6.5% |
| Goodwill | $961.73 Million | 33.1% |
Asset Composition Trend (2021–2025)
This chart illustrates how Vestis 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. For live market cap, price, and company overview, see Vestis Corporation market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vestis Corporation's current assets represent 29.2% of total assets in 2025, a decrease from 30.0% in 2021.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2025, down from 1.3% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, unchanged from 39.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 33.1% of total assets.
Vestis Corporation Competitors by Total Assets
Key competitors of Vestis Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Localiza Rent a Car S.A
SA:RENT3
|
Brazil | R$85.47 Billion |
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Sarana Mitra Luas
JK:SMIL
|
Indonesia | Rp1.15 Trillion |
|
Beyaz Filo Oto Kiralama AS
IS:BEYAZ
|
Turkey | TL5.41 Billion |
|
SG Fleet Group Ltd
AU:SGF
|
Australia | AU$3.45 Billion |
|
Fleetpartners Group Ltd
AU:FPR
|
Australia | AU$2.77 Billion |
|
Emeco Holdings Ltd
AU:EHL
|
Australia | AU$1.25 Billion |
|
Aquirian Ltd
AU:AQN
|
Australia | AU$34.54 Million |
Vestis 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 | 2.08 | 1.73 | 2.45 |
| Quick Ratio | 0.65 | 0.50 | 1.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $441.07 Million | $331.29 Million | $585.09 Million |
Vestis Corporation - Advanced Valuation Insights
This section examines the relationship between Vestis 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 | 1.05 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | -0.9% |
| Total Assets | $2.91 Billion |
| Market Capitalization | $705.34 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vestis Corporation's assets below their book value (0.24x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Vestis Corporation's assets decreased by 0.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Vestis Corporation (2021–2025)
The table below shows the annual total assets of Vestis Corporation from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $2.91 Billion | -0.87% |
| 2024-09-30 | $2.93 Billion | -7.12% |
| 2023-09-30 | $3.16 Billion | +0.77% |
| 2022-09-30 | $3.13 Billion | +0.79% |
| 2021-09-30 | $3.11 Billion | -- |
About Vestis Corporation
Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safe… Read more