TECO 2030 ASA
TECO 2030 ASA, together with its subsidiaries, operates as an engineering and equipment development company in the United States, Asia, South America, and Europe. The company offers TECO stack, a liquid-cooled fuel cell stack that provides hydrogen-electric power for marine, stationary, automotive, locomotive, and aircraft applications; fuel cell module 400kW, a modular fuel cell system for heavy… Read more
TECO 2030 ASA (TECFF) - Total Assets
Latest total assets as of June 2024: $508.26 Million USD
Based on the latest financial reports, TECO 2030 ASA (TECFF) holds total assets worth $508.26 Million USD as of June 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.
TECO 2030 ASA - Total Assets Trend (2019–2023)
This chart illustrates how TECO 2030 ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TECO 2030 ASA - Asset Composition Analysis
Current Asset Composition (December 2023)
TECO 2030 ASA's total assets of $508.26 Million consist of 18.5% current assets and 81.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $7.81 Million | 1.5% |
| Inventory | $40.30 Million | 8.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $302.09 Million | 59.6% |
| Goodwill | $2.67 Million | 0.5% |
Asset Composition Trend (2019–2023)
This chart illustrates how TECO 2030 ASA'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: TECO 2030 ASA's current assets represent 18.5% of total assets in 2023, a decrease from 67.2% in 2019.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 29.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 59.0% of total assets, an increase from 31.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 59.6% of total assets.
TECO 2030 ASA Competitors by Total Assets
Key competitors of TECO 2030 ASA 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 |
TECO 2030 ASA - 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 - TECO 2030 ASA generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TECO 2030 ASA is currently not profitable relative to its asset base.
TECO 2030 ASA - 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 | 0.34 | 0.61 | 0.52 |
| Quick Ratio | 0.17 | 0.43 | 0.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-179.82 Million | $ -58.86 Million | $ -5.81 Million |
TECO 2030 ASA - Advanced Valuation Insights
This section examines the relationship between TECO 2030 ASA'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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 42.3% |
| Total Assets | $507.04 Million |
| Market Capitalization | $104.50K USD |
Valuation Analysis
Below Book Valuation: The market values TECO 2030 ASA's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TECO 2030 ASA's assets grew by 42.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TECO 2030 ASA (2019–2023)
The table below shows the annual total assets of TECO 2030 ASA from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $507.04 Million | +42.26% |
| 2022-12-31 | $356.41 Million | +36.65% |
| 2021-12-31 | $260.82 Million | +216.66% |
| 2020-12-31 | $82.37 Million | +563.70% |
| 2019-12-31 | $12.41 Million | -- |