Racing Force S.p.A.
Racing Force S.P.A. engages in the production of safety equipment for the racing and motorsport industry in the Americas, Asia, Oceania, Europe, the Middle East, and Africa. The company offers various protection and performance products for professionals, amateur athletes, racing teams, and car manufacturers worldwide. It also provides non-technical apparel, fireproof and anti-abrasive suits, hel… Read more
Racing Force S.p.A. (ALRFG) - Total Assets
Latest total assets as of June 2025: €90.99 Million EUR
Based on the latest financial reports, Racing Force S.p.A. (ALRFG) holds total assets worth €90.99 Million EUR as of June 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.
Racing Force S.p.A. - Total Assets Trend (2020–2024)
This chart illustrates how Racing Force S.p.A.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Racing Force S.p.A. - Asset Composition Analysis
Current Asset Composition (December 2024)
Racing Force S.p.A.'s total assets of €90.99 Million consist of 58.7% current assets and 41.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 10.7% |
| Accounts Receivable | €11.73 Million | 13.0% |
| Inventory | €27.38 Million | 30.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €9.39 Million | 10.4% |
| Goodwill | €6.24 Million | 6.9% |
Asset Composition Trend (2020–2024)
This chart illustrates how Racing Force S.p.A.'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: Racing Force S.p.A.'s current assets represent 58.7% of total assets in 2024, an increase from 53.2% in 2020.
- Cash Position: Cash and equivalents constituted 10.7% of total assets in 2024, up from 9.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, a decrease from 25.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 30.4% of total assets.
Racing Force S.p.A. Competitors by Total Assets
Key competitors of Racing Force S.p.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Racing Force S.p.A. - 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 - Racing Force S.p.A. generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Racing Force S.p.A. generates $6.43 in net profit.
Racing Force S.p.A. - 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 | 2.28 | 3.01 | 1.21 |
| Quick Ratio | 1.10 | 1.69 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €28.10 Million | € 38.32 Million | € 4.10 Million |
Racing Force S.p.A. - Advanced Valuation Insights
This section examines the relationship between Racing Force S.p.A.'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 | 2.22 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 15.5% |
| Total Assets | €90.21 Million |
| Market Capitalization | $60.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Racing Force S.p.A.'s assets below their book value (0.68 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Racing Force S.p.A.'s assets grew by 15.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Racing Force S.p.A. (2020–2024)
The table below shows the annual total assets of Racing Force S.p.A. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €90.21 Million | +15.51% |
| 2023-12-31 | €78.10 Million | +10.80% |
| 2022-12-31 | €70.49 Million | +8.59% |
| 2021-12-31 | €64.91 Million | +47.01% |
| 2020-12-31 | €44.15 Million | -- |