ITM Power Plc
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, rest of Europe, the United States, Australia, and internationally. Its product portfolio comprises TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a 20 MW electrolysis process module for large-sc… Read more
ITM Power Plc (ITMPF) - Total Assets
Latest total assets as of October 2025: $340.20 Million USD
Based on the latest financial reports, ITM Power Plc (ITMPF) holds total assets worth $340.20 Million USD as of October 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.
ITM Power Plc - Total Assets Trend (2002–2025)
This chart illustrates how ITM Power Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ITM Power Plc - Asset Composition Analysis
Current Asset Composition (April 2025)
ITM Power Plc's total assets of $340.20 Million consist of 83.0% current assets and 17.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 60.5% |
| Accounts Receivable | $18.47 Million | 5.4% |
| Inventory | $56.01 Million | 16.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $12.00 Million | 3.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2025)
This chart illustrates how ITM Power Plc'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: ITM Power Plc's current assets represent 83.0% of total assets in 2025, a decrease from 99.1% in 2002.
- Cash Position: Cash and equivalents constituted 60.5% of total assets in 2025, up from 4.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 16.4% of total assets.
ITM Power Plc Competitors by Total Assets
Key competitors of ITM Power Plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
ITM Power Plc - 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 - ITM Power Plc generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ITM Power Plc is currently not profitable relative to its asset base.
ITM Power Plc - 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 | 2.62 | 3.87 | 2.44 |
| Quick Ratio | 2.14 | 2.93 | 2.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $171.30 Million | $ 222.69 Million | $ 29.80 Million |
ITM Power Plc - Advanced Valuation Insights
This section examines the relationship between ITM Power Plc'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 | 1.76 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | $341.96 Million |
| Market Capitalization | $161.89 Million USD |
Valuation Analysis
Below Book Valuation: The market values ITM Power Plc's assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ITM Power Plc's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ITM Power Plc (2002–2025)
The table below shows the annual total assets of ITM Power Plc from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $341.96 Million | -10.43% |
| 2024-04-30 | $381.78 Million | -5.10% |
| 2023-04-30 | $402.32 Million | -12.19% |
| 2022-04-30 | $458.17 Million | +100.01% |
| 2021-04-30 | $229.07 Million | +175.40% |
| 2020-04-30 | $83.17 Million | +83.23% |
| 2019-04-30 | $45.39 Million | +2.31% |
| 2018-04-30 | $44.37 Million | +124.70% |
| 2017-04-30 | $19.75 Million | +47.46% |
| 2016-04-30 | $13.39 Million | -2.60% |
| 2015-04-30 | $13.75 Million | +1.94% |
| 2014-04-30 | $13.49 Million | +47.76% |
| 2013-04-30 | $9.13 Million | +4.97% |
| 2012-04-30 | $8.70 Million | -41.01% |
| 2011-04-30 | $14.74 Million | -22.59% |
| 2010-04-30 | $19.04 Million | -20.45% |
| 2009-04-30 | $23.94 Million | -18.05% |
| 2008-04-30 | $29.21 Million | -11.52% |
| 2007-04-30 | $33.01 Million | +379.55% |
| 2006-04-30 | $6.88 Million | -19.99% |
| 2005-04-30 | $8.60 Million | +1487.45% |
| 2004-04-30 | $542.00K | -40.64% |
| 2003-04-30 | $913.00K | -39.13% |
| 2002-04-30 | $1.50 Million | -- |