Glass To Power SpA
Glass To Power S.P.A. produces and sells transparent photovoltaic insulating glass solutions. The company was founded in 2016 and is headquartered in Rovereto, Italy.
Glass To Power SpA (MLGLB) - Total Assets
Latest total assets as of June 2024: €1.85 Million EUR
Based on the latest financial reports, Glass To Power SpA (MLGLB) holds total assets worth €1.85 Million EUR as of June 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.
Glass To Power SpA - Total Assets Trend (2019–2024)
This chart illustrates how Glass To Power SpA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Glass To Power SpA - Asset Composition Analysis
Current Asset Composition (December 2024)
Glass To Power SpA's total assets of €1.85 Million consist of 28.1% current assets and 71.9% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 6.6% |
| Accounts Receivable | €13.93K | 0.9% |
| Inventory | €83.71K | 5.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €639.39K | 42.7% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Glass To Power 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: Glass To Power SpA's current assets represent 28.1% of total assets in 2024, a decrease from 30.4% in 2019.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, down from 9.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, a decrease from 60.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 42.7% of total assets.
Glass To Power SpA Competitors by Total Assets
Key competitors of Glass To Power SpA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Glass To Power 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
Lower asset utilization - Glass To Power SpA generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Glass To Power SpA generates $ 3.25 in net profit.
Glass To Power 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 | 0.37 | 5.52 | 5.74 |
| Quick Ratio | 0.33 | 5.14 | 5.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-690.71K | € 442.16K | € 709.19K |
Glass To Power SpA - Advanced Valuation Insights
This section examines the relationship between Glass To Power 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 | 1.88 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -21.7% |
| Total Assets | €1.50 Million |
| Market Capitalization | $46.07K USD |
Valuation Analysis
Below Book Valuation: The market values Glass To Power SpA's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Glass To Power SpA's assets decreased by 21.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Glass To Power SpA (2019–2024)
The table below shows the annual total assets of Glass To Power SpA from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.50 Million | -21.73% |
| 2023-12-31 | €1.91 Million | +3.23% |
| 2022-12-31 | €1.85 Million | -62.20% |
| 2021-12-31 | €4.91 Million | +10.98% |
| 2020-12-31 | €4.42 Million | -0.08% |
| 2019-12-31 | €4.42 Million | -- |