Topdanmark AS
Topdanmark A/S, together with its subsidiaries, offers life and non-life insurance products and services in Denmark. The company operates through Private and SME segments. It offers illness and accident, health, workers' compensation, motor, fire and property, liability, tourist assistance, and other insurance products, as well as life insurance and pension fund schemes to individual households, … Read more
Topdanmark AS (TPDKY) - Total Assets
Latest total assets as of June 2024: $22.71 Billion USD
Based on the latest financial reports, Topdanmark AS (TPDKY) holds total assets worth $22.71 Billion 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.
Topdanmark AS - Total Assets Trend (2002–2023)
This chart illustrates how Topdanmark AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Topdanmark AS - Asset Composition Analysis
Current Asset Composition (December 2023)
Topdanmark AS's total assets of $22.71 Billion consist of 2.2% current assets and 97.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.87 Billion | 8.6% |
| Goodwill | $2.21 Billion | 10.1% |
Asset Composition Trend (2002–2023)
This chart illustrates how Topdanmark AS'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: Topdanmark AS's current assets represent 2.2% of total assets in 2023, an increase from 1.3% in 2002.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2023, up from 1.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 1.0% in 2002.
- Asset Diversification: The largest asset category is goodwill at 10.1% of total assets.
Topdanmark AS Competitors by Total Assets
Key competitors of Topdanmark AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Topdanmark AS - 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 - Topdanmark AS generates 0.49x 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, Topdanmark AS generates $ 4.82 in net profit.
Topdanmark AS - 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 | 11.59 | 0.03 | 29.91 |
| Quick Ratio | 11.59 | 0.03 | 29.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $487.00 Million | $ -10.97 Billion | $ 2.28 Billion |
Topdanmark AS - Advanced Valuation Insights
This section examines the relationship between Topdanmark AS'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 | 7.35 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -5.2% |
| Total Assets | $21.83 Billion |
| Market Capitalization | $476.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Topdanmark AS's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Topdanmark AS's assets decreased by 5.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Topdanmark AS (2002–2023)
The table below shows the annual total assets of Topdanmark AS from 2002 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $21.83 Billion | -5.20% |
| 2022-12-31 | $23.02 Billion | -80.87% |
| 2021-12-31 | $120.37 Billion | +10.14% |
| 2020-12-31 | $109.29 Billion | +11.02% |
| 2019-12-31 | $98.44 Billion | +18.29% |
| 2018-12-31 | $83.22 Billion | +2.80% |
| 2017-12-31 | $80.96 Billion | +10.18% |
| 2016-12-31 | $73.48 Billion | +8.58% |
| 2015-12-31 | $67.67 Billion | +4.89% |
| 2014-12-31 | $64.52 Billion | +5.60% |
| 2013-12-31 | $61.09 Billion | +2.79% |
| 2012-12-31 | $59.44 Billion | -2.59% |
| 2011-12-31 | $61.01 Billion | +6.03% |
| 2010-12-31 | $57.54 Billion | +1.75% |
| 2009-12-31 | $56.55 Billion | +8.68% |
| 2008-12-31 | $52.03 Billion | +16.55% |
| 2007-12-31 | $44.65 Billion | +2.30% |
| 2006-12-31 | $43.64 Billion | +6.19% |
| 2005-12-31 | $41.10 Billion | +18.92% |
| 2004-12-31 | $34.56 Billion | +4.26% |
| 2003-12-31 | $33.15 Billion | +9.22% |
| 2002-12-31 | $30.35 Billion | -- |