Armstrong Flooring Inc
Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It offers resilient flooring products. The company's products are used in the construction and renovation of commercial, residential, and institutional buildings. It sells its products to independent wholesale flooring distributors, other reta… Read more
Armstrong Flooring Inc (AFIIQ) - Total Assets
Latest total assets as of December 2021: $517.00 Million USD
Based on the latest financial reports, Armstrong Flooring Inc (AFIIQ) holds total assets worth $517.00 Million USD as of December 2021.
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.
Armstrong Flooring Inc - Total Assets Trend (2018–2021)
This chart illustrates how Armstrong Flooring Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Armstrong Flooring Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Armstrong Flooring Inc's total assets of $517.00 Million consist of 43.4% current assets and 56.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.9% |
| Accounts Receivable | $70.70 Million | 13.7% |
| Inventory | $146.30 Million | 28.3% |
| Property, Plant & Equipment | $249.00 Million | 48.2% |
| Intangible Assets | $12.40 Million | 2.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2021)
This chart illustrates how Armstrong Flooring 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: Armstrong Flooring Inc's current assets represent 43.4% of total assets in 2021, a decrease from 52.4% in 2018.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2021, down from 24.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 4.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 48.2% of total assets.
Armstrong Flooring Inc Competitors by Total Assets
Key competitors of Armstrong Flooring Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Armstrong Flooring 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 - Armstrong Flooring Inc generates 1.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Armstrong Flooring Inc is currently not profitable relative to its asset base.
Armstrong Flooring 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 | 0.93 | 1.70 | 1.70 |
| Quick Ratio | 0.32 | 0.70 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-18.00 Million | $ 87.40 Million | $ 87.40 Million |
Armstrong Flooring Inc - Advanced Valuation Insights
This section examines the relationship between Armstrong Flooring 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.8% |
| Total Assets | $517.00 Million |
| Market Capitalization | $2.18K USD |
Valuation Analysis
Below Book Valuation: The market values Armstrong Flooring Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Armstrong Flooring Inc's assets grew by 4.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Armstrong Flooring Inc (2018–2021)
The table below shows the annual total assets of Armstrong Flooring Inc from 2018 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $517.00 Million | +4.76% |
| 2020-12-31 | $493.50 Million | -1.73% |
| 2019-12-31 | $502.20 Million | -29.09% |
| 2018-12-31 | $708.20 Million | -- |