Artego Tg. Jiu (ARTE) - Total Assets
Based on the latest financial reports, Artego Tg. Jiu (ARTE) holds total assets worth RON119.61 Million RON (≈ $27.46 Million USD) as of September 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.
Artego Tg. Jiu - Total Assets Trend (2020–2023)
This chart illustrates how Artego Tg. Jiu's total assets have evolved over time, based on quarterly financial data. Also see Artego Tg. Jiu stock valuation for the company's overall valuation and market capitalisation.
Artego Tg. Jiu - Asset Composition Analysis
Current Asset Composition (September 2023)
Artego Tg. Jiu's total assets of RON119.61 Million consist of 73.8% current assets and 26.2% non-current assets. Review Artego Tg. Jiu (ARTE) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (RON) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | RON0.00 | 0.6% |
| Accounts Receivable | RON26.86 Million | 20.4% |
| Inventory | RON56.08 Million | 42.5% |
| Property, Plant & Equipment | RON0.00 | 0.0% |
| Intangible Assets | RON6.21 Million | 4.7% |
| Goodwill | RON0.00 | 0.0% |
Asset Composition Trend (2020–2023)
This chart illustrates how Artego Tg. Jiu'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. See ARTE stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Artego Tg. Jiu's current assets represent 73.8% of total assets in 2023, an increase from 66.7% in 2020.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2023, down from 1.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 8.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 42.5% of total assets.
Artego Tg. Jiu Competitors by Total Assets
Key competitors of Artego Tg. Jiu based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Ningbo Jifeng Auto Parts Co
SHG:603997
|
China | CN¥23.68 Billion |
|
Qingdao Sentury Tire Co Ltd
SHE:002984
|
China | CN¥18.44 Billion |
|
Greatoo Inc
SHE:002031
|
China | CN¥3.78 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
Kuangda Technology Group Co Ltd
SHE:002516
|
China | CN¥4.63 Billion |
|
Nokian Renkaat Oyj
HE:TYRES
|
Finland | €2.44 Billion |
|
NBTM New Materials Group Co Ltd
SHG:600114
|
China | CN¥7.74 Billion |
Artego Tg. Jiu - 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 | 3.65 | 3.31 | 2.28 |
| Quick Ratio | 1.38 | 1.25 | 0.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | RON60.69 Million | RON61.94 Million | RON55.33 Million |
Artego Tg. Jiu - Advanced Valuation Insights
This section examines the relationship between Artego Tg. Jiu'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 | 0.90 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -3.7% |
| Total Assets | RON131.82 Million |
| Market Capitalization | $16.68 Million USD |
Valuation Analysis
Below Book Valuation: The market values Artego Tg. Jiu's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Artego Tg. Jiu's assets decreased by 3.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Artego Tg. Jiu (2020–2023)
The table below shows the annual total assets of Artego Tg. Jiu from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | RON131.82 Million ≈ $30.27 Million |
-3.71% |
| 2022-09-30 | RON136.90 Million ≈ $31.44 Million |
-0.29% |
| 2021-09-30 | RON137.30 Million ≈ $31.53 Million |
+9.80% |
| 2020-09-30 | RON125.04 Million ≈ $28.71 Million |
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About Artego Tg. Jiu
S.C. Artego S.A. manufactures and sells rubber products in Romania. The company offers abrasion resistant conveyor belts for general use; temperature resistant conveyor belts for conveying hot sintering materials, pellets, clinker, chemicals, fertilizers, cement, and other temperature materials; oil resistant conveyor belts with textile insertion; and oil and fire resistant conveyor belts. It pro… Read more