Heliogen Inc
Heliogen, Inc., together with its subsidiaries, develops and commercializes concentrated solar energy in the United States. It offers heliostat fields, and associated control systems, solar receivers, thermal energy storage products, and heat engines. The company's solutions include carbon-free steam production, a system that produces heat or steam for use in industrial processes; Hybrid & Tri-Br… Read more
Heliogen Inc (HLGN) - Total Assets
Latest total assets as of March 2025: $32.68 Million USD
Based on the latest financial reports, Heliogen Inc (HLGN) holds total assets worth $32.68 Million USD as of March 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.
Heliogen Inc - Total Assets Trend (2019–2024)
This chart illustrates how Heliogen Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Heliogen Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Heliogen Inc's total assets of $32.68 Million consist of 88.2% current assets and 11.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 83.4% |
| Accounts Receivable | $737.00K | 1.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Heliogen 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: Heliogen Inc's current assets represent 88.2% of total assets in 2024, a decrease from 96.1% in 2019.
- Cash Position: Cash and equivalents constituted 83.4% of total assets in 2024, down from 95.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
Heliogen Inc Competitors by Total Assets
Key competitors of Heliogen Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Heliogen 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
Moderate asset utilization - Heliogen Inc generates 0.45x 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, Heliogen Inc generates $ 73.49 in net profit.
Heliogen 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 | 3.66 | 0.70 | 16.06 |
| Quick Ratio | 3.66 | 0.68 | 16.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $22.83 Million | $ -30.72 Million | $ 17.42 Million |
Heliogen Inc - Advanced Valuation Insights
This section examines the relationship between Heliogen 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 | 0.46 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -58.6% |
| Total Assets | $44.29 Million |
| Market Capitalization | $3.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Heliogen Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Heliogen Inc's assets decreased by 58.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Heliogen Inc (2019–2024)
The table below shows the annual total assets of Heliogen Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $44.29 Million | -58.62% |
| 2023-12-31 | $107.03 Million | -44.14% |
| 2022-12-31 | $191.62 Million | -25.57% |
| 2021-12-31 | $257.45 Million | +1202.72% |
| 2020-12-31 | $19.76 Million | +26.29% |
| 2019-12-31 | $15.65 Million | -- |