Element Fleet Management Corp
Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment ordering support; and electric vehicle fleet solutions, including fleet planning, charging infrastructure, acquisition, financing, maintenance, and remarketing. It… Read more
Element Fleet Management Corp (ELEEF) - Total Assets
Latest total assets as of September 2025: $14.08 Billion USD
Based on the latest financial reports, Element Fleet Management Corp (ELEEF) holds total assets worth $14.08 Billion USD as of September 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.
Element Fleet Management Corp - Total Assets Trend (2009–2024)
This chart illustrates how Element Fleet Management Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Element Fleet Management Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Element Fleet Management Corp's total assets of $14.08 Billion consist of 64.4% current assets and 35.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $7.77 Billion | 61.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $642.47 Million | 5.1% |
| Goodwill | $1.03 Billion | 8.1% |
Asset Composition Trend (2009–2024)
This chart illustrates how Element Fleet Management Corp'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: Element Fleet Management Corp's current assets represent 64.4% of total assets in 2024, a decrease from 99.8% in 2009.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 6.1% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is accounts receivable at 61.2% of total assets.
Element Fleet Management Corp Competitors by Total Assets
Key competitors of Element Fleet Management Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Lotte Rental Co Ltd
KO:089860
|
Korea | ₩7.39 Trillion |
|
AJ Networks Co Ltd
KO:095570
|
Korea | ₩1.74 Trillion |
|
Redde Northgate PLC
F:21W
|
Germany | €2.50 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩1.49 Trillion |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
Germany | €417.73 Billion |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
China | CN¥15.56 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
China | CN¥26.42 Billion |
Element Fleet Management Corp - 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 - Element Fleet Management Corp generates 0.17x 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, Element Fleet Management Corp generates $ 3.05 in net profit.
Element Fleet Management Corp - 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 | 6.29 | 7.04 | 9.59 |
| Quick Ratio | 6.29 | 7.04 | 9.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.81 Billion | $ 6.97 Billion | $ 9.12 Billion |
Element Fleet Management Corp - Advanced Valuation Insights
This section examines the relationship between Element Fleet Management Corp'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 | 3.48 |
| Latest Market Cap to Assets Ratio | 0.63 |
| Asset Growth Rate (YoY) | -22.9% |
| Total Assets | $12.70 Billion |
| Market Capitalization | $7.99 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Element Fleet Management Corp's assets below their book value (0.63 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Element Fleet Management Corp's assets decreased by 22.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Element Fleet Management Corp (2009–2024)
The table below shows the annual total assets of Element Fleet Management Corp from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.70 Billion | -22.90% |
| 2023-12-31 | $16.47 Billion | +14.93% |
| 2022-12-31 | $14.33 Billion | +10.47% |
| 2021-12-31 | $12.97 Billion | -13.46% |
| 2020-12-31 | $14.99 Billion | -13.99% |
| 2019-12-31 | $17.43 Billion | -8.09% |
| 2018-12-31 | $18.96 Billion | +7.94% |
| 2017-12-31 | $17.57 Billion | -4.62% |
| 2016-12-31 | $18.42 Billion | -26.80% |
| 2015-12-31 | $25.16 Billion | +122.87% |
| 2014-12-31 | $11.29 Billion | +226.82% |
| 2013-12-31 | $3.45 Billion | +128.95% |
| 2012-12-31 | $1.51 Billion | +262.09% |
| 2011-12-31 | $416.71 Million | +785.25% |
| 2010-12-31 | $47.07 Million | +629.81% |
| 2009-12-31 | $6.45 Million | -- |