Airtime Partecipazioni SpA
Mexedia Società Per Azioni S.B., together with its subsidiaries, engages in the provision of technologies for the telecommunications and business services sector in Italy. The company offers advanced technological services, such as metaverse, virtual reality, augmented reality, and voice smart assistant solutions. It also provides electronic voice and SMS termination services; and place enterpris… Read more
Airtime Partecipazioni SpA (ALMEX) - Total Assets
Latest total assets as of December 2024: €157.52 Million EUR
Based on the latest financial reports, Airtime Partecipazioni SpA (ALMEX) holds total assets worth €157.52 Million EUR as of December 2024.
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.
Airtime Partecipazioni SpA - Total Assets Trend (2019–2024)
This chart illustrates how Airtime Partecipazioni SpA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Airtime Partecipazioni SpA - Asset Composition Analysis
Current Asset Composition (December 2024)
Airtime Partecipazioni SpA's total assets of €157.52 Million consist of 47.5% current assets and 52.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €110.00 | 1.1% |
| Accounts Receivable | €73.10 Million | 46.4% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €225.00K | 0.1% |
| Intangible Assets | €14.48 Million | 9.2% |
| Goodwill | €58.56 Million | 37.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Airtime Partecipazioni SpA'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: Airtime Partecipazioni SpA's current assets represent 47.5% of total assets in 2024, a decrease from 87.0% in 2019.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, up from 0.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 46.4% of total assets.
Airtime Partecipazioni SpA Competitors by Total Assets
Key competitors of Airtime Partecipazioni SpA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Airtime Partecipazioni SpA - 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 - Airtime Partecipazioni SpA generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Airtime Partecipazioni SpA is currently not profitable relative to its asset base.
Airtime Partecipazioni SpA - 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 | 1.18 | 0.99 | 1.05 |
| Quick Ratio | 1.18 | 1.87 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €11.21 Million | € -683.00K | € 661.00K |
Airtime Partecipazioni SpA - Advanced Valuation Insights
This section examines the relationship between Airtime Partecipazioni SpA'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 | 1.41 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -6.5% |
| Total Assets | €157.52 Million |
| Market Capitalization | $9.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Airtime Partecipazioni SpA's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Airtime Partecipazioni SpA's assets decreased by 6.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Airtime Partecipazioni SpA (2019–2024)
The table below shows the annual total assets of Airtime Partecipazioni SpA from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €157.52 Million | -6.53% |
| 2023-12-31 | €168.52 Million | +73.86% |
| 2022-12-31 | €96.93 Million | +13.68% |
| 2021-12-31 | €85.27 Million | +213.71% |
| 2020-12-31 | €27.18 Million | +40.28% |
| 2019-12-31 | €19.38 Million | -- |