MilDef Group AB (MILDEF) - Total Assets
Based on the latest financial reports, MilDef Group AB (MILDEF) holds total assets worth Skr3.02 Billion SEK (≈ $325.12 Million USD) as of March 2026. 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. Check MILDEF cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
MilDef Group AB - Total Assets Trend (2018–2025)
This chart illustrates how MilDef Group AB's total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of MilDef Group AB to evaluate the quality of earnings relative to operating cash generation.
MilDef Group AB - Asset Composition Analysis
Current Asset Composition (December 2025)
MilDef Group AB's total assets of Skr3.02 Billion consist of 45.9% current assets and 54.1% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 5.1% |
| Accounts Receivable | Skr653.90 Million | 22.5% |
| Inventory | Skr531.80 Million | 18.3% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr1.27 Billion | 43.8% |
| Goodwill | Skr911.10 Million | 31.3% |
Asset Composition Trend (2018–2025)
This chart illustrates how MilDef Group AB'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 MILDEF market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MilDef Group AB's current assets represent 45.9% of total assets in 2025, a decrease from 87.0% in 2018.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2025, down from 17.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 74.0% of total assets, an increase from 9.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 43.8% of total assets.
MilDef Group AB Competitors by Total Assets
Key competitors of MilDef Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Spacesat Co Ltd
SHG:600118
|
China | CN¥13.29 Billion |
|
LIG Nex1 Co Ltd
KO:079550
|
Korea | ₩7.36 Trillion |
|
China CSSC Holdings Ltd
SHG:600150
|
China | CN¥418.46 Billion |
|
Inner Mongolia First Machinery Group Co Ltd
SHG:600967
|
China | CN¥22.51 Billion |
|
Hwa Create Corp Ltd
SHE:300045
|
China | CN¥2.35 Billion |
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
China | CN¥3.03 Billion |
|
Droneshield Ltd
AU:DRO
|
Australia | AU$353.48 Million |
|
Electro Optic Systems Holdings Ltd
AU:EOS
|
Australia | AU$374.74 Million |
MilDef Group AB - 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 | 2.09 | 2.03 | 4.32 |
| Quick Ratio | 1.27 | 1.24 | 3.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr756.70 Million | Skr627.80 Million | Skr381.60 Million |
MilDef Group AB - Advanced Valuation Insights
This section examines the relationship between MilDef Group AB'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 | 5.73 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | 72.6% |
| Total Assets | Skr2.91 Billion |
| Market Capitalization | $891.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values MilDef Group AB's assets below their book value (0.31x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MilDef Group AB's assets grew by 72.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MilDef Group AB (2018–2025)
The table below shows the annual total assets of MilDef Group AB from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr2.91 Billion ≈ $312.82 Million |
+72.64% |
| 2024-12-31 | Skr1.68 Billion ≈ $181.19 Million |
+10.36% |
| 2023-12-31 | Skr1.53 Billion ≈ $164.19 Million |
+9.46% |
| 2022-12-31 | Skr1.39 Billion ≈ $150.01 Million |
+72.47% |
| 2021-12-31 | Skr808.20 Million ≈ $86.98 Million |
+119.68% |
| 2020-12-31 | Skr367.90 Million ≈ $39.59 Million |
+29.00% |
| 2019-12-31 | Skr285.20 Million ≈ $30.69 Million |
+60.04% |
| 2018-12-31 | Skr178.20 Million ≈ $19.18 Million |
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About MilDef Group AB
MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. The company offers IT equipment, rugged computers, KVM, switches, routers, power distribution, customer projects, and accessories; laptops, tablets, and handhe… Read more