Vestas Wind Systems A/S
Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates through two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare p… Read more
Vestas Wind Systems A/S (VWSYF) - Total Assets
Latest total assets as of September 2025: $25.92 Billion USD
Based on the latest financial reports, Vestas Wind Systems A/S (VWSYF) holds total assets worth $25.92 Billion USD as of September 2025.
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.
Vestas Wind Systems A/S - Total Assets Trend (2002–2024)
This chart illustrates how Vestas Wind Systems A/S’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vestas Wind Systems A/S - Asset Composition Analysis
Current Asset Composition (December 2024)
Vestas Wind Systems A/S's total assets of $25.92 Billion consist of 65.3% current assets and 34.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.4% |
| Accounts Receivable | $5.36 Billion | 21.8% |
| Inventory | $6.01 Billion | 24.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.87 Billion | 7.6% |
| Goodwill | $1.51 Billion | 6.1% |
Asset Composition Trend (2002–2024)
This chart illustrates how Vestas Wind Systems A/S'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: Vestas Wind Systems A/S's current assets represent 65.3% of total assets in 2024, a decrease from 72.3% in 2002.
- Cash Position: Cash and equivalents constituted 15.4% of total assets in 2024, up from 1.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 3.0% in 2002.
- Asset Diversification: The largest asset category is inventory at 24.4% of total assets.
Vestas Wind Systems A/S Competitors by Total Assets
Key competitors of Vestas Wind Systems A/S 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 |
Vestas Wind Systems A/S - 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 - Vestas Wind Systems A/S generates 0.70x 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, Vestas Wind Systems A/S generates $ 2.02 in net profit.
Vestas Wind Systems A/S - 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 | 0.97 | 1.02 | 1.09 |
| Quick Ratio | 0.60 | 0.54 | 0.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-511.00 Million | $ 221.00 Million | $ 1.01 Billion |
Vestas Wind Systems A/S - Advanced Valuation Insights
This section examines the relationship between Vestas Wind Systems A/S'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 | 6.46 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | $24.64 Billion |
| Market Capitalization | $12.62 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vestas Wind Systems A/S's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vestas Wind Systems A/S's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vestas Wind Systems A/S (2002–2024)
The table below shows the annual total assets of Vestas Wind Systems A/S from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $24.64 Billion | +9.46% |
| 2023-12-31 | $22.51 Billion | +12.07% |
| 2022-12-31 | $20.09 Billion | +1.92% |
| 2021-12-31 | $19.71 Billion | +8.55% |
| 2020-12-31 | $18.16 Billion | +26.72% |
| 2019-12-31 | $14.33 Billion | +20.44% |
| 2018-12-31 | $11.90 Billion | +9.46% |
| 2017-12-31 | $10.87 Billion | +9.47% |
| 2016-12-31 | $9.93 Billion | +15.65% |
| 2015-12-31 | $8.59 Billion | +22.72% |
| 2014-12-31 | $7.00 Billion | +24.06% |
| 2013-12-31 | $5.64 Billion | -19.10% |
| 2012-12-31 | $6.97 Billion | -9.33% |
| 2011-12-31 | $7.69 Billion | +8.82% |
| 2010-12-31 | $7.07 Billion | +9.81% |
| 2009-12-31 | $6.43 Billion | +21.23% |
| 2008-12-31 | $5.31 Billion | +23.56% |
| 2007-12-31 | $4.30 Billion | +17.56% |
| 2006-12-31 | $3.65 Billion | +18.44% |
| 2005-12-31 | $3.09 Billion | +5.54% |
| 2004-12-31 | $2.92 Billion | +130.47% |
| 2003-12-31 | $1.27 Billion | -8.75% |
| 2002-12-31 | $1.39 Billion | -- |