Meyer Burger Technology AG
Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles. It operates in Switzerland, Germany, rest of Europe, … Read more
Meyer Burger Technology AG (MYRBY) - Total Assets
Latest total assets as of December 2023: $681.22 Million USD
Based on the latest financial reports, Meyer Burger Technology AG (MYRBY) holds total assets worth $681.22 Million USD as of December 2023.
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.
Meyer Burger Technology AG - Total Assets Trend (2020–2023)
This chart illustrates how Meyer Burger Technology AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Meyer Burger Technology AG - Asset Composition Analysis
Current Asset Composition (December 2023)
Meyer Burger Technology AG's total assets of $681.22 Million consist of 56.7% current assets and 43.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 22.1% |
| Accounts Receivable | $7.12 Million | 1.0% |
| Inventory | $132.13 Million | 19.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.23 Million | 0.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Meyer Burger Technology AG'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: Meyer Burger Technology AG's current assets represent 56.7% of total assets in 2023, a decrease from 75.1% in 2020.
- Cash Position: Cash and equivalents constituted 22.1% of total assets in 2023, down from 47.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 19.4% of total assets.
Meyer Burger Technology AG Competitors by Total Assets
Key competitors of Meyer Burger Technology AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Meyer Burger Technology AG - 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 - Meyer Burger Technology AG generates 0.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Meyer Burger Technology AG is currently not profitable relative to its asset base.
Meyer Burger Technology AG - 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 | 2.41 | 5.30 | 5.30 |
| Quick Ratio | 1.58 | 3.96 | 3.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $225.55 Million | $ 384.35 Million | $ 384.35 Million |
Meyer Burger Technology AG - Advanced Valuation Insights
This section examines the relationship between Meyer Burger Technology AG'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 | 1.67 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $681.22 Million |
| Market Capitalization | $26.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Meyer Burger Technology AG's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Meyer Burger Technology AG's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Meyer Burger Technology AG (2020–2023)
The table below shows the annual total assets of Meyer Burger Technology AG from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $681.22 Million | -5.44% |
| 2022-12-31 | $720.44 Million | +46.22% |
| 2021-12-31 | $492.72 Million | +66.01% |
| 2020-12-31 | $296.81 Million | -- |