Nexteer Automotive Group Limited
Nexteer Automotive Group Limited, a motion control technology company, develops, manufactures, and supplies steering and driveline systems to original equipment manufacturer worldwide. It offers electric power steering (EPS) products, which include column assist electric power steering products, intermediate shafts, EPS racks and pinion gears, single and dual pinion assist products, rack-assisted… Read more
Nexteer Automotive Group Limited (NTXVF) - Total Assets
Latest total assets as of December 2024: $3.48 Billion USD
Based on the latest financial reports, Nexteer Automotive Group Limited (NTXVF) holds total assets worth $3.48 Billion USD as of December 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.
Nexteer Automotive Group Limited - Total Assets Trend (2012–2024)
This chart illustrates how Nexteer Automotive Group Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nexteer Automotive Group Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Nexteer Automotive Group Limited's total assets of $3.48 Billion consist of 48.4% current assets and 51.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.1% |
| Accounts Receivable | $977.25 Million | 28.1% |
| Inventory | $283.83 Million | 8.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $675.14 Million | 19.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Nexteer Automotive Group Limited'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: Nexteer Automotive Group Limited's current assets represent 48.4% of total assets in 2024, a decrease from 49.9% in 2012.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, up from 5.1% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 14.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 28.1% of total assets.
Nexteer Automotive Group Limited Competitors by Total Assets
Key competitors of Nexteer Automotive Group Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Nexteer Automotive Group Limited - 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
Strong asset utilization - Nexteer Automotive Group Limited generates 1.23x 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, Nexteer Automotive Group Limited generates $ 1.77 in net profit.
Nexteer Automotive Group Limited - 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 | 1.46 | 1.42 | 1.76 |
| Quick Ratio | 1.22 | 1.15 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $531.94 Million | $ 458.64 Million | $ 655.06 Million |
Nexteer Automotive Group Limited - Advanced Valuation Insights
This section examines the relationship between Nexteer Automotive Group Limited'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 | 0.80 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 2.2% |
| Total Assets | $3.48 Billion |
| Market Capitalization | $725.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nexteer Automotive Group Limited's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Nexteer Automotive Group Limited's assets grew by 2.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Nexteer Automotive Group Limited (2012–2024)
The table below shows the annual total assets of Nexteer Automotive Group Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.48 Billion | +2.19% |
| 2023-12-31 | $3.40 Billion | +2.08% |
| 2022-12-31 | $3.34 Billion | +4.02% |
| 2021-12-31 | $3.21 Billion | -3.00% |
| 2020-12-31 | $3.31 Billion | +1.44% |
| 2019-12-31 | $3.26 Billion | +4.74% |
| 2018-12-31 | $3.11 Billion | +4.43% |
| 2017-12-31 | $2.98 Billion | +10.62% |
| 2016-12-31 | $2.69 Billion | +9.63% |
| 2015-12-31 | $2.46 Billion | +10.57% |
| 2014-12-31 | $2.22 Billion | +23.09% |
| 2013-12-31 | $1.81 Billion | +43.40% |
| 2012-12-31 | $1.26 Billion | -- |