Sandvik AB (SAND) - Total Assets
Based on the latest financial reports, Sandvik AB (SAND) holds total assets worth Skr169.86 Billion SEK (≈ $18.28 Billion USD) as of December 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. See SAND book value for net asset value and shareholders' equity analysis.
Sandvik AB - Total Assets Trend (2000–2025)
This chart illustrates how Sandvik AB's total assets have evolved over time, based on quarterly financial data.
Sandvik AB - Asset Composition Analysis
Current Asset Composition (December 2025)
Sandvik AB's total assets of Skr169.86 Billion consist of 41.2% current assets and 58.9% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 2.9% |
| Accounts Receivable | Skr31.72 Billion | 18.7% |
| Inventory | Skr33.22 Billion | 19.6% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr16.39 Billion | 9.7% |
| Goodwill | Skr46.21 Billion | 27.2% |
Asset Composition Trend (2000–2025)
This chart illustrates how Sandvik 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 SAND stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sandvik AB's current assets represent 41.2% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2025, down from 3.9% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 36.0% of total assets, an increase from 20.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 27.2% of total assets.
Sandvik AB Competitors by Total Assets
Key competitors of Sandvik AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
Sandvik 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 | 1.94 | 1.79 | 2.37 |
| Quick Ratio | 1.02 | 0.94 | 1.55 |
| Cash Ratio | 0.14 | 0.11 | 0.00 |
| Working Capital | Skr33.78 Billion | Skr32.48 Billion | Skr39.38 Billion |
Sandvik AB - Advanced Valuation Insights
This section examines the relationship between Sandvik 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 | 5.30 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | -7.9% |
| Total Assets | Skr169.86 Billion |
| Market Capitalization | $51.72 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sandvik AB's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sandvik AB's assets decreased by 7.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sandvik AB (2000–2025)
The table below shows the annual total assets of Sandvik AB from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr169.86 Billion ≈ $18.28 Billion |
-7.88% |
| 2024-12-31 | Skr184.38 Billion ≈ $19.84 Billion |
+5.84% |
| 2023-12-31 | Skr174.21 Billion ≈ $18.75 Billion |
-1.40% |
| 2022-12-31 | Skr176.68 Billion ≈ $19.01 Billion |
+13.61% |
| 2021-12-31 | Skr155.52 Billion ≈ $16.74 Billion |
+30.55% |
| 2020-12-31 | Skr119.13 Billion ≈ $12.82 Billion |
-1.08% |
| 2019-12-31 | Skr120.42 Billion ≈ $12.96 Billion |
+1.75% |
| 2018-12-31 | Skr118.35 Billion ≈ $12.74 Billion |
+10.81% |
| 2017-12-31 | Skr106.80 Billion ≈ $11.49 Billion |
+3.19% |
| 2016-12-31 | Skr103.50 Billion ≈ $11.14 Billion |
+2.23% |
| 2015-12-31 | Skr101.24 Billion ≈ $10.90 Billion |
-4.78% |
| 2014-12-31 | Skr106.32 Billion ≈ $11.44 Billion |
+13.25% |
| 2013-12-31 | Skr93.88 Billion ≈ $10.10 Billion |
-9.77% |
| 2012-12-31 | Skr104.05 Billion ≈ $11.20 Billion |
+5.38% |
| 2011-12-31 | Skr98.74 Billion ≈ $10.63 Billion |
+9.71% |
| 2010-12-31 | Skr90.00 Billion ≈ $9.69 Billion |
-1.72% |
| 2009-12-31 | Skr91.58 Billion ≈ $9.85 Billion |
-11.29% |
| 2008-12-31 | Skr103.23 Billion ≈ $11.11 Billion |
+20.83% |
| 2007-12-31 | Skr85.44 Billion ≈ $9.19 Billion |
+29.64% |
| 2006-12-31 | Skr65.90 Billion ≈ $7.09 Billion |
+10.64% |
| 2005-12-31 | Skr59.56 Billion ≈ $6.41 Billion |
+16.26% |
| 2004-12-31 | Skr51.23 Billion ≈ $5.51 Billion |
+5.86% |
| 2003-12-31 | Skr48.40 Billion ≈ $5.21 Billion |
-3.44% |
| 2002-12-31 | Skr50.12 Billion ≈ $5.39 Billion |
+1.15% |
| 2001-12-31 | Skr49.55 Billion ≈ $5.33 Billion |
+12.85% |
| 2000-12-31 | Skr43.91 Billion ≈ $4.73 Billion |
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About Sandvik AB
Sandvik AB (publ), an engineering company, provides products and solutions for mining and rock excavation, metal cutting, and materials technology worldwide. The company offers mining and rock excavation equipment, including drill rigs and bolters, underground loaders and trucks, mechanical cutting equipment, rock tools and rock drills, and mining automation; rock processing equipment, such as cr… Read more