CoBank ACB
CoBank, ACB operates as a cooperative bank that provides financial products and services in the United States. The company operates through three segments: Agribusiness, Farm Credit Banking, and Rural Infrastructure. The company offers various loan products, such as intermediate- and long-term loans, revolving term loans, interim and bridge loans, construction loans, short-term lines of credit, a… Read more
CoBank ACB (CKNQP) - Total Assets
Latest total assets as of June 2024: $193.47 Billion USD
Based on the latest financial reports, CoBank ACB (CKNQP) holds total assets worth $193.47 Billion USD 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.
CoBank ACB - Total Assets Trend (2014–2023)
This chart illustrates how CoBank ACB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CoBank ACB - Asset Composition Analysis
Current Asset Composition (December 2023)
CoBank ACB's total assets of $193.47 Billion consist of 2.9% current assets and 97.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how CoBank ACB'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: CoBank ACB's current assets represent 2.9% of total assets in 2023, an increase from 2.5% in 2014.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2023, up from 1.7% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
CoBank ACB Competitors by Total Assets
Key competitors of CoBank ACB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
CoBank ACB - 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 - CoBank ACB 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, CoBank ACB generates $ 0.73 in net profit.
CoBank ACB - 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 | 0.81 | 0.70 | 1.70 |
| Quick Ratio | 0.81 | 0.70 | 1.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-510.00 Million | $ -4.97 Billion | $ 1.20 Billion |
CoBank ACB - Advanced Valuation Insights
This section examines the relationship between CoBank ACB'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) | 2.9% |
| Total Assets | $194.36 Billion |
| Market Capitalization | $963.09K USD |
Valuation Analysis
Below Book Valuation: The market values CoBank ACB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CoBank ACB's assets grew by 2.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CoBank ACB (2014–2023)
The table below shows the annual total assets of CoBank ACB from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $194.36 Billion | +2.92% |
| 2022-12-31 | $188.84 Billion | +10.88% |
| 2021-12-31 | $170.31 Billion | +7.39% |
| 2020-12-31 | $158.59 Billion | +9.37% |
| 2019-12-31 | $145.00 Billion | +4.31% |
| 2018-12-31 | $139.02 Billion | +7.59% |
| 2017-12-31 | $129.21 Billion | +2.44% |
| 2016-12-31 | $126.13 Billion | +7.37% |
| 2015-12-31 | $117.47 Billion | +9.40% |
| 2014-12-31 | $107.38 Billion | -- |