Pierce Group AB (PIERCE) - Total Assets
Based on the latest financial reports, Pierce Group AB (PIERCE) holds total assets worth Skr1.11 Billion SEK (≈ $119.67 Million 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. Check cash flow reinvestment rate of Pierce Group AB to assess the company's total reinvestment commitment from operating cash flow.
Pierce Group AB - Total Assets Trend (2018–2024)
This chart illustrates how Pierce Group AB's total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of Pierce Group AB to evaluate the quality of earnings relative to operating cash generation.
Pierce Group AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Pierce Group AB's total assets of Skr1.11 Billion consist of 67.5% current assets and 32.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 26.9% |
| Accounts Receivable | Skr23.00 Million | 2.1% |
| Inventory | Skr419.00 Million | 38.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr133.00 Million | 12.1% |
| Goodwill | Skr148.00 Million | 13.4% |
Asset Composition Trend (2018–2024)
This chart illustrates how Pierce 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 Pierce Group AB market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pierce Group AB's current assets represent 67.5% of total assets in 2024, an increase from 49.4% in 2018.
- Cash Position: Cash and equivalents constituted 26.9% of total assets in 2024, up from 3.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, a decrease from 47.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 38.0% of total assets.
Pierce Group AB Competitors by Total Assets
Key competitors of Pierce Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
Pierce 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 | 2.05 | 2.03 | 1.22 |
| Quick Ratio | 0.57 | 0.85 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr347.00 Million | Skr350.00 Million | Skr80.00 Million |
Pierce Group AB - Advanced Valuation Insights
This section examines the relationship between Pierce 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 | 1.49 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 13.7% |
| Total Assets | Skr1.10 Billion |
| Market Capitalization | $83.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pierce Group AB's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Pierce Group AB's assets grew by 13.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pierce Group AB (2018–2024)
The table below shows the annual total assets of Pierce Group AB from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr1.10 Billion ≈ $118.70 Million |
+13.71% |
| 2023-12-31 | Skr970.00 Million ≈ $104.39 Million |
-10.43% |
| 2022-12-31 | Skr1.08 Billion ≈ $116.55 Million |
+4.64% |
| 2021-12-31 | Skr1.03 Billion ≈ $111.38 Million |
+12.50% |
| 2020-12-31 | Skr920.00 Million ≈ $99.01 Million |
-2.95% |
| 2019-12-31 | Skr948.00 Million ≈ $102.02 Million |
+34.85% |
| 2018-12-31 | Skr703.00 Million ≈ $75.65 Million |
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About Pierce Group AB
Pierce Group AB (publ), an e-commerce company, engages in the sale of motorcycle and snowmobile gears, parts, and accessories across Europe. It operates in three segments: Offroad, Onroad, and Other. The company serves motocross and enduro riders under the 24MX brand; highroad motorcycle riders under the XLMOTO brand; and snowmobile riders under the Sledstore brand. Pierce Group AB (publ) was fou… Read more