Airtime Partecipazioni SpA (ALMEX) - Total Assets
Based on the latest financial reports, Airtime Partecipazioni SpA (ALMEX) holds total assets worth €183.52 Million EUR (≈ $214.56 Million USD) as of December 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. Explore Airtime Partecipazioni SpA (ALMEX) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Airtime Partecipazioni SpA - Total Assets Trend (2019–2025)
This chart illustrates how Airtime Partecipazioni SpA's total assets have evolved over time, based on quarterly financial data. See Airtime Partecipazioni SpA book value and equity for net asset value and shareholders' equity analysis.
Airtime Partecipazioni SpA - Asset Composition Analysis
Current Asset Composition (December 2025)
Airtime Partecipazioni SpA's total assets of €183.52 Million consist of 55.5% current assets and 44.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.3% |
| Accounts Receivable | €99.51 Million | 54.2% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €5.23 Million | 2.9% |
| Goodwill | €41.52 Million | 22.6% |
Asset Composition Trend (2019–2025)
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. For live market cap, price, and company overview, see ALMEX market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Airtime Partecipazioni SpA's current assets represent 55.5% of total assets in 2025, a decrease from 87.0% in 2019.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, up from 0.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 54.2% 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 |
|---|---|---|
|
TELECOM ITAL.RISP. ADR/10
F:TQI1
|
Germany | €36.73 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.75 Billion |
|
China Bester Group Telecom Co Ltd
SHG:603220
|
China | CN¥9.95 Billion |
|
Orange Belgium SA
BR:OBEL
|
Belgium | €4.10 Billion |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
Chile | CL$5.63 Trillion |
|
NOVA Technology Corporation Limited
SHE:300921
|
China | CN¥949.46 Million |
|
Wintao Communications Co. Ltd
SHE:301139
|
China | CN¥3.37 Billion |
|
Flexiroam Ltd
AU:FRX
|
Australia | AU$7.94 Million |
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 | 0.85 | 1.18 | 1.05 |
| Quick Ratio | 0.85 | 1.18 | 1.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-17.80 Million | €11.21 Million | €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 | 0.60 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 16.5% |
| Total Assets | €183.52 Million |
| Market Capitalization | $21.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Airtime Partecipazioni SpA's assets below their book value (0.12x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Airtime Partecipazioni SpA's assets grew by 16.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Airtime Partecipazioni SpA (2019–2025)
The table below shows the annual total assets of Airtime Partecipazioni SpA from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €183.52 Million ≈ $214.56 Million |
+16.51% |
| 2024-12-31 | €157.52 Million ≈ $184.15 Million |
-6.53% |
| 2023-12-31 | €168.52 Million ≈ $197.02 Million |
+73.86% |
| 2022-12-31 | €96.93 Million ≈ $113.32 Million |
+13.68% |
| 2021-12-31 | €85.27 Million ≈ $99.68 Million |
+213.71% |
| 2020-12-31 | €27.18 Million ≈ $31.78 Million |
+40.28% |
| 2019-12-31 | €19.38 Million ≈ $22.65 Million |
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About 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