Cortus Energy AB (publ) (CE) - Total Assets
Based on the latest financial reports, Cortus Energy AB (publ) (CE) holds total assets worth Skr79.39 Million SEK (≈ $8.54 Million USD) as of December 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. Explore Cortus Energy AB (publ) (CE) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cortus Energy AB (publ) - Total Assets Trend (2007–2024)
This chart illustrates how Cortus Energy AB (publ)'s total assets have evolved over time, based on quarterly financial data. See Cortus Energy AB (publ) (CE) shareholders funds for net asset value and shareholders' equity analysis.
Cortus Energy AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2024)
Cortus Energy AB (publ)'s total assets of Skr79.39 Million consist of 20.4% current assets and 79.6% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 11.8% |
| Accounts Receivable | Skr1.81 Million | 2.3% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2007–2024)
This chart illustrates how Cortus Energy AB (publ)'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. For live market cap, price, and company overview, see CE stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cortus Energy AB (publ)'s current assets represent 20.4% of total assets in 2024, a decrease from 78.4% in 2007.
- Cash Position: Cash and equivalents constituted 11.8% of total assets in 2024, up from 7.4% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 19.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 2.3% of total assets.
Cortus Energy AB (publ) Competitors by Total Assets
Key competitors of Cortus Energy AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
|
Germany | €279.69 Billion |
|
Meridian Energy Ltd
AU:MEZ
|
Australia | AU$15.14 Billion |
|
Zhejiang Provincial New Energy Investment Group Co Ltd
SHG:600032
|
China | CN¥59.85 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
Auren Energia S.A.
SA:AURE3
|
Brazil | R$47.38 Billion |
|
ROMANDE ENERGIE SA
SW:REHN
|
Switzerland | CHF2.83 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
Israel | ILA1.11 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
China | CN¥23.55 Billion |
Cortus Energy AB (publ) - 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 | 0.37 | 0.17 | 0.78 |
| Quick Ratio | 0.37 | 0.17 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-27.22 Million | Skr-54.89 Million | Skr-5.60 Million |
Cortus Energy AB (publ) - Advanced Valuation Insights
This section examines the relationship between Cortus Energy AB (publ)'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 | 11.44 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | Skr79.39 Million |
| Market Capitalization | $2.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values Cortus Energy AB (publ)'s assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Cortus Energy AB (publ)'s assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Cortus Energy AB (publ) (2007–2024)
The table below shows the annual total assets of Cortus Energy AB (publ) from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr79.39 Million ≈ $8.54 Million |
-7.68% |
| 2023-12-31 | Skr86.00 Million ≈ $9.25 Million |
-23.43% |
| 2022-12-31 | Skr112.31 Million ≈ $12.09 Million |
-12.69% |
| 2021-12-31 | Skr128.63 Million ≈ $13.84 Million |
+7.66% |
| 2020-12-31 | Skr119.48 Million ≈ $12.86 Million |
+10.96% |
| 2019-12-31 | Skr107.67 Million ≈ $11.59 Million |
-19.73% |
| 2018-12-31 | Skr134.13 Million ≈ $14.43 Million |
+56.16% |
| 2017-12-31 | Skr85.89 Million ≈ $9.24 Million |
+20.34% |
| 2016-12-31 | Skr71.38 Million ≈ $7.68 Million |
+66.26% |
| 2015-12-31 | Skr42.93 Million ≈ $4.62 Million |
-31.07% |
| 2014-12-31 | Skr62.28 Million ≈ $6.70 Million |
-22.60% |
| 2013-12-31 | Skr80.46 Million ≈ $8.66 Million |
+235.03% |
| 2012-12-31 | Skr24.02 Million ≈ $2.58 Million |
+59.01% |
| 2011-12-31 | Skr15.10 Million ≈ $1.63 Million |
-90.82% |
| 2010-12-31 | Skr164.51 Million ≈ $17.70 Million |
-1.48% |
| 2009-12-31 | Skr166.98 Million ≈ $17.97 Million |
+273.46% |
| 2008-12-31 | Skr44.71 Million ≈ $4.81 Million |
+8.79% |
| 2007-12-31 | Skr41.10 Million ≈ $4.42 Million |
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About Cortus Energy AB (publ)
Cortus Energy AB (publ), together with its subsidiaries, provides renewable energy in Sweden and internationally. The company develops and markets WoodRoll technology, which converts biomass to renewable syngas. It serves steel, transport, electricity and heat, and chemical industries. Cortus Energy AB (publ) was incorporated in 2004 and is headquartered in Kista, Sweden.