Varta AG
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, energy storage systems, and large-format lithium-ion cells in Europe, Asia, North America, and internationally. The company operates in six segments: Consumer Batteries, Micro Batteries, Lithium-Ion Small Cells, Lithium-Ion Lar… Read more
Varta AG (VARGF) - Total Assets
Latest total assets as of December 2023: $870.67 Million USD
Based on the latest financial reports, Varta AG (VARGF) holds total assets worth $870.67 Million USD as of December 2023.
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.
Varta AG - Total Assets Trend (2010–2024)
This chart illustrates how Varta AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Varta AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Varta AG's total assets of $870.67 Million consist of 62.7% current assets and 37.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.8% |
| Accounts Receivable | $103.64 Million | 13.1% |
| Inventory | $154.19 Million | 19.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $43.92 Million | 5.6% |
| Goodwill | $137.00K | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Varta AG'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: Varta AG's current assets represent 62.7% of total assets in 2024, a decrease from 90.0% in 2010.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2024, down from 52.1% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 19.5% of total assets.
Varta AG Competitors by Total Assets
Key competitors of Varta AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Varta AG - 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 - Varta AG generates 1.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Varta AG is currently not profitable relative to its asset base.
Varta AG - 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 | 0.57 | 0.62 | 2.50 |
| Quick Ratio | 0.33 | 0.35 | 1.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-352.33 Million | $ -313.72 Million | $ 162.24 Million |
Varta AG - Advanced Valuation Insights
This section examines the relationship between Varta AG'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 | 4.53 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | -9.3% |
| Total Assets | $789.29 Million |
| Market Capitalization | $429.65 Million USD |
Valuation Analysis
Below Book Valuation: The market values Varta AG's assets below their book value (0.54 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Varta AG's assets decreased by 9.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Varta AG (2010–2024)
The table below shows the annual total assets of Varta AG from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $789.29 Million | -9.35% |
| 2023-12-31 | $870.67 Million | -30.81% |
| 2022-12-31 | $1.26 Billion | +0.66% |
| 2021-12-31 | $1.25 Billion | +11.34% |
| 2020-12-31 | $1.12 Billion | +67.88% |
| 2019-12-31 | $668.83 Million | +66.50% |
| 2018-12-31 | $401.70 Million | +21.18% |
| 2017-12-31 | $331.48 Million | +100.98% |
| 2016-12-31 | $164.93 Million | +453.86% |
| 2011-12-31 | $29.78 Million | -36.29% |
| 2010-12-31 | $46.74 Million | -- |