Believe SAS Total Assets
Believe SAS total assets. Based on the latest financial reports, Believe SAS (BLV) holds total assets worth €1.17 Billion EUR (≈ $1.37 Billion USD) 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. Also see Believe SAS market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Believe SAS (2017–2024)
Total assets of Believe SAS from 2017 to 2024. This chart illustrates how Believe SAS's total assets have evolved over time, based on quarterly financial data. See Believe SAS stock quote for real-time trading data and today's change.
Believe SAS - Asset Composition Analysis
Believe SAS Total Assets Breakdown (December 2024)
Believe SAS total assets breakdown as of December 2024. Believe SAS's total assets of €1.17 Billion consist of 45.7% current assets and 54.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.9% |
| Accounts Receivable | €250.25 Million | 21.4% |
| Inventory | €3.99 Million | 0.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €146.47 Million | 12.5% |
| Goodwill | €147.95 Million | 12.6% |
Asset Composition Trend (2017–2024)
This chart illustrates how Believe SAS'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. Explore Believe SAS working capital to net assets to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Believe SAS's current assets represent 45.7% of total assets in 2024, a decrease from 65.7% in 2017.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, down from 27.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 22.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 21.4% of total assets.
Believe SAS Competitors by Total Assets
Key competitors of Believe SAS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Benfica
LS:SLBEN
|
Portugal | €565.23 Million |
|
Beijing Enlight Media
SHE:300251
|
China | CN¥11.01 Billion |
|
JYP Entertainment Corporation
KQ:035900
|
Korea | ₩875.30 Billion |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
China | CN¥2.26 Billion |
|
Dave & Buster’s Entertainment
NASDAQ:PLAY
|
USA | $4.12 Billion |
|
AFC Ajax NV
AS:AJAX
|
Netherlands | €460.40 Million |
|
Kuang Hong Arts Management
TWO:6596
|
Taiwan | NT$2.58 Billion |
|
Wysiwyg Studios Co. Ltd
KQ:299900
|
Korea | ₩269.98 Billion |
Believe SAS - 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 | 0.71 | 0.85 | 0.96 |
| Quick Ratio | 0.70 | 0.84 | 0.95 |
| Cash Ratio | 0.18 | 0.32 | 0.00 |
| Working Capital | €-220.42 Million | €-103.37 Million | €-15.11 Million |
Believe SAS - Advanced Valuation Insights
This section examines the relationship between Believe SAS'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 | 4.82 |
| Latest Market Cap to Assets Ratio | 1.48 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | €1.17 Billion |
| Market Capitalization | $1.73 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Believe SAS's assets above their book value (1.48x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Believe SAS's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Believe SAS (2017–2024)
The table below shows the annual total assets of Believe SAS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.17 Billion ≈ $1.37 Billion |
+5.86% |
| 2023-12-31 | €1.11 Billion ≈ $1.29 Billion |
+10.17% |
| 2022-12-31 | €1.00 Billion ≈ $1.17 Billion |
+10.08% |
| 2021-12-31 | €912.84 Million ≈ $1.07 Billion |
+38.32% |
| 2020-12-31 | €659.97 Million ≈ $771.57 Million |
+11.84% |
| 2019-12-31 | €590.10 Million ≈ $689.89 Million |
+52.49% |
| 2018-12-31 | €386.97 Million ≈ $452.41 Million |
+57.16% |
| 2017-12-31 | €246.23 Million ≈ $287.87 Million |
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About Believe SAS
Believe S.A. provides digital music services for independent labels and local artists in France, Germany, rest of Europe, the Americas, Asia, Oceania, and Pacific. It operates through two segments, Premium Solutions and Automated Solutions. The company engages in the sale, promotion, and delivery of digital content provided by artists and labels by developing their catalog on digital platforms an… Read more