Héroux-Devtek Inc
Héroux-Devtek Inc. engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves civil and defence sectors of the aerospace market. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internati… Read more
Héroux-Devtek Inc (HERXF) - Total Assets
Latest total assets as of September 2024: $959.68 Million USD
Based on the latest financial reports, Héroux-Devtek Inc (HERXF) holds total assets worth $959.68 Million USD as of September 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.
Héroux-Devtek Inc - Total Assets Trend (1997–2024)
This chart illustrates how Héroux-Devtek Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Héroux-Devtek Inc - Asset Composition Analysis
Current Asset Composition (March 2024)
Héroux-Devtek Inc's total assets of $959.68 Million consist of 55.7% current assets and 44.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.1% |
| Accounts Receivable | $146.79 Million | 16.1% |
| Inventory | $323.35 Million | 35.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $33.09 Million | 3.6% |
| Goodwill | $113.65 Million | 12.5% |
Asset Composition Trend (1997–2024)
This chart illustrates how Héroux-Devtek Inc'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: Héroux-Devtek Inc's current assets represent 55.7% of total assets in 2024, a decrease from 55.9% in 1997.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2024, down from 1.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 7.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 35.5% of total assets.
Héroux-Devtek Inc Competitors by Total Assets
Key competitors of Héroux-Devtek Inc 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 |
Héroux-Devtek Inc - 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
Moderate asset utilization - Héroux-Devtek Inc generates 0.69x 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, Héroux-Devtek Inc generates $ 4.20 in net profit.
Héroux-Devtek Inc - 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 | 2.13 | 2.15 | 1.97 |
| Quick Ratio | 0.68 | 0.71 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $289.43 Million | $ 242.78 Million | $ 192.14 Million |
Héroux-Devtek Inc - Advanced Valuation Insights
This section examines the relationship between Héroux-Devtek Inc'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 | 2.24 |
| Latest Market Cap to Assets Ratio | 0.67 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | $911.42 Million |
| Market Capitalization | $606.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Héroux-Devtek Inc's assets below their book value (0.67 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Héroux-Devtek Inc's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Héroux-Devtek Inc (1997–2024)
The table below shows the annual total assets of Héroux-Devtek Inc from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $911.42 Million | +10.97% |
| 2023-03-31 | $821.34 Million | +0.98% |
| 2022-03-31 | $813.36 Million | -4.68% |
| 2021-03-31 | $853.28 Million | -5.07% |
| 2020-03-31 | $898.85 Million | +2.76% |
| 2019-03-31 | $874.74 Million | +38.37% |
| 2018-03-31 | $632.16 Million | +4.10% |
| 2017-03-31 | $607.29 Million | -0.35% |
| 2016-03-31 | $609.40 Million | +5.90% |
| 2015-03-31 | $575.45 Million | +11.96% |
| 2014-03-31 | $513.97 Million | +32.09% |
| 2013-03-31 | $389.12 Million | -22.04% |
| 2012-03-31 | $499.11 Million | +12.44% |
| 2011-03-31 | $443.88 Million | +12.42% |
| 2010-03-31 | $394.85 Million | -5.35% |
| 2009-03-31 | $417.17 Million | +17.03% |
| 2008-03-31 | $356.45 Million | +6.56% |
| 2007-03-31 | $334.50 Million | +5.97% |
| 2006-03-31 | $315.67 Million | +1.14% |
| 2005-03-31 | $312.13 Million | +10.27% |
| 2004-03-31 | $283.05 Million | -2.08% |
| 2003-03-31 | $289.07 Million | -3.53% |
| 2002-03-31 | $299.64 Million | +11.04% |
| 2001-03-31 | $269.84 Million | +91.92% |
| 2000-03-31 | $140.60 Million | +12.03% |
| 1999-03-31 | $125.50 Million | +13.27% |
| 1998-03-31 | $110.80 Million | +8.73% |
| 1997-03-31 | $101.90 Million | -- |