Thales S.A. (HO) - Total Assets
Based on the latest financial reports, Thales S.A. (HO) holds total assets worth €38.89 Billion 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.
Thales S.A. - Total Assets Trend (2001–2024)
This chart illustrates how Thales S.A.'s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thales S.A. - Asset Composition Analysis
Current Asset Composition (December 2024)
Thales S.A.'s total assets of €38.89 Billion consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.9% |
| Accounts Receivable | €10.16 Billion | 25.4% |
| Inventory | €5.83 Billion | 14.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €2.53 Billion | 6.3% |
| Goodwill | €8.90 Billion | 22.3% |
Asset Composition Trend (2001–2024)
This chart illustrates how Thales S.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: Thales S.A.'s current assets represent 52.3% of total assets in 2024, a decrease from 73.6% in 2001.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2024, up from 8.7% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 13.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 25.4% of total assets.
Thales S.A. Competitors by Total Assets
Key competitors of Thales S.A. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
Thales S.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 | 0.82 | 0.84 | 0.96 |
| Quick Ratio | 0.61 | 0.59 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-4.51 Billion | €-3.67 Billion | €-696.40 Million |
Thales S.A. - Advanced Valuation Insights
This section examines the relationship between Thales S.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 | 7.80 |
| Latest Market Cap to Assets Ratio | 1.28 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | €39.99 Billion |
| Market Capitalization | $51.35 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Thales S.A.'s assets above their book value (1.28x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Thales S.A.'s assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Thales S.A. (2001–2024)
The table below shows the annual total assets of Thales S.A. from 2001 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €39.99 Billion | +3.10% |
| 2023-12-31 | €38.79 Billion | +12.68% |
| 2022-12-31 | €34.42 Billion | +4.81% |
| 2021-12-31 | €32.84 Billion | +3.25% |
| 2020-12-31 | €31.81 Billion | +1.87% |
| 2019-12-31 | €31.22 Billion | +22.42% |
| 2018-12-31 | €25.51 Billion | +9.32% |
| 2017-12-31 | €23.33 Billion | +2.83% |
| 2016-12-31 | €22.69 Billion | +5.24% |
| 2015-12-31 | €21.56 Billion | +7.85% |
| 2014-12-31 | €19.99 Billion | -7.00% |
| 2013-12-31 | €21.49 Billion | +0.76% |
| 2012-12-31 | €21.33 Billion | +1.22% |
| 2011-12-31 | €21.08 Billion | +10.80% |
| 2010-12-31 | €19.02 Billion | +5.62% |
| 2009-12-31 | €18.01 Billion | +0.40% |
| 2008-12-31 | €17.94 Billion | +1.35% |
| 2007-12-31 | €17.70 Billion | +17.81% |
| 2006-12-31 | €15.02 Billion | +8.17% |
| 2005-12-31 | €13.89 Billion | +2.86% |
| 2004-12-31 | €13.50 Billion | -26.43% |
| 2003-12-31 | €18.35 Billion | +0.78% |
| 2002-12-31 | €18.21 Billion | -5.91% |
| 2001-12-31 | €19.35 Billion | -- |
About Thales S.A.
Thales S.A. provides various solutions in the defence and security, aerospace and space, and digital identity and security markets worldwide. The company offers advance air defence systems, combat systems, defence onboard electronics c4isr solutions, command and control solutions, mission and surveillance systems, airborne optronics, and airspace protection solutions; collaborative combat, intell… Read more