Vitesco Technologies Group Aktiengesellschaft
Vitesco Technologies Group Aktiengesellschaft develops and produces components and system solutions for power trains in hybrid vehicles, electric vehicles, and combustion engines in Germany and internationally. The company operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. It offers 48-volt electrification solutions, electri… Read more
Vitesco Technologies Group Aktiengesellschaft (VTSCY) - Total Assets
Latest total assets as of June 2024: $7.43 Billion USD
Based on the latest financial reports, Vitesco Technologies Group Aktiengesellschaft (VTSCY) holds total assets worth $7.43 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.
Vitesco Technologies Group Aktiengesellschaft - Total Assets Trend (2018–2023)
This chart illustrates how Vitesco Technologies Group Aktiengesellschaft’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vitesco Technologies Group Aktiengesellschaft - Asset Composition Analysis
Current Asset Composition (December 2023)
Vitesco Technologies Group Aktiengesellschaft's total assets of $7.43 Billion consist of 50.3% current assets and 49.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.5% |
| Accounts Receivable | $1.54 Billion | 20.3% |
| Inventory | $825.10 Million | 10.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $17.70 Million | 0.2% |
| Goodwill | $786.30 Million | 10.4% |
Asset Composition Trend (2018–2023)
This chart illustrates how Vitesco Technologies Group Aktiengesellschaft'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: Vitesco Technologies Group Aktiengesellschaft's current assets represent 50.3% of total assets in 2023, a decrease from 57.5% in 2018.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2023, up from 0.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 12.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 20.3% of total assets.
Vitesco Technologies Group Aktiengesellschaft Competitors by Total Assets
Key competitors of Vitesco Technologies Group Aktiengesellschaft 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 |
Vitesco Technologies Group Aktiengesellschaft - 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 - Vitesco Technologies Group Aktiengesellschaft generates 1.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vitesco Technologies Group Aktiengesellschaft is currently not profitable relative to its asset base.
Vitesco Technologies Group Aktiengesellschaft - 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 | 1.21 | 1.13 | 1.10 |
| Quick Ratio | 0.91 | 0.87 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $611.20 Million | $ 461.50 Million | $ 406.90 Million |
Vitesco Technologies Group Aktiengesellschaft - Advanced Valuation Insights
This section examines the relationship between Vitesco Technologies Group Aktiengesellschaft'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 | 0.65 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | $7.58 Billion |
| Market Capitalization | $398.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vitesco Technologies Group Aktiengesellschaft's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Vitesco Technologies Group Aktiengesellschaft's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Vitesco Technologies Group Aktiengesellschaft (2018–2023)
The table below shows the annual total assets of Vitesco Technologies Group Aktiengesellschaft from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $7.58 Billion | -0.27% |
| 2022-12-31 | $7.60 Billion | +2.64% |
| 2021-12-31 | $7.41 Billion | -8.11% |
| 2020-12-31 | $8.06 Billion | -4.15% |
| 2019-12-31 | $8.41 Billion | -7.04% |
| 2018-12-31 | $9.05 Billion | -- |