ACLEW
Alternus Clean Energy Inc owns, develops, installs, and operates midsized utility scale solar parks. The company is based in Fort Mill, South Carolina. Alternus Clean Energy Inc is a subsidiary of Alternus Energy Group Plc.
ACLEW (ACLEW) - Total Assets
Latest total assets as of December 2024: $7.73 Million USD
Based on the latest financial reports, ACLEW (ACLEW) holds total assets worth $7.73 Million 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.
ACLEW - Total Assets Trend (2021–2024)
This chart illustrates how ACLEW’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ACLEW - Asset Composition Analysis
Current Asset Composition (December 2024)
ACLEW's total assets of $7.73 Million consist of 8.3% current assets and 91.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.55 Million | 20.1% |
| Goodwill | $241.00K | 3.1% |
Asset Composition Trend (2021–2024)
This chart illustrates how ACLEW'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: ACLEW's current assets represent 8.3% of total assets in 2024, a decrease from 15.9% in 2021.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 8.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 1.0% in 2021.
- Asset Diversification: The largest asset category is intangible assets at 20.1% of total assets.
ACLEW Competitors by Total Assets
Key competitors of ACLEW based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
China | CN¥182.32 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
ACLEW - 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 - ACLEW generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, ACLEW generates $ 272.78 in net profit.
ACLEW - 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 | 0.02 | 0.64 | 0.09 |
| Quick Ratio | 0.02 | 0.64 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-38.94 Million | $ -88.52 Million | $ -196.76 Million |
ACLEW - Advanced Valuation Insights
This section examines the relationship between ACLEW'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -95.8% |
| Total Assets | $7.73 Million |
| Market Capitalization | $11.21 USD |
Valuation Analysis
Below Book Valuation: The market values ACLEW's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ACLEW's assets decreased by 95.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ACLEW (2021–2024)
The table below shows the annual total assets of ACLEW from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $7.73 Million | -95.83% |
| 2023-12-31 | $185.29 Million | +3.91% |
| 2022-12-31 | $178.31 Million | -14.88% |
| 2021-12-31 | $209.49 Million | -- |