SECITS Holding AB (publ) (SECI) - Total Assets
Based on the latest financial reports, SECITS Holding AB (publ) (SECI) holds total assets worth Skr91.06 Million SEK (≈ $9.80 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. Check cash flow reinvestment rate of SECITS Holding AB (publ) to assess the company's total reinvestment commitment from operating cash flow.
SECITS Holding AB (publ) - Total Assets Trend (2016–2024)
This chart illustrates how SECITS Holding AB (publ)'s total assets have evolved over time, based on quarterly financial data. Check SECI cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
SECITS Holding AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2024)
SECITS Holding AB (publ)'s total assets of Skr91.06 Million consist of 25.7% current assets and 74.4% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 2.3% |
| Accounts Receivable | Skr16.53 Million | 18.2% |
| Inventory | Skr4.71 Million | 5.2% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how SECITS Holding 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 SECI company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SECITS Holding AB (publ)'s current assets represent 25.7% of total assets in 2024, an increase from 24.5% in 2016.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, up from 1.1% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 73.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 18.2% of total assets.
SECITS Holding AB (publ) Competitors by Total Assets
Key competitors of SECITS Holding AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
China | CN¥6.48 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
China | CN¥3.03 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
China | CN¥11.39 Billion |
|
Wavestone S.A.
PA:WAVE
|
France | €934.48 Million |
|
Strait Innovation Internet Co Ltd
SHE:300300
|
China | CN¥1.10 Billion |
|
Guangdong Weide Information Technology Co. Ltd. A
SHG:688171
|
China | CN¥968.34 Million |
|
Malam Team
TA:MLTM
|
Israel | ILA2.68 Billion |
|
DB INC
KO:012030
|
Korea | ₩932.35 Billion |
SECITS Holding 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 | 0.44 | 0.83 | 0.78 |
| Quick Ratio | 0.35 | 0.71 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-29.31 Million | Skr-10.30 Million | Skr-3.79 Million |
SECITS Holding AB (publ) - Advanced Valuation Insights
This section examines the relationship between SECITS Holding 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 | 0.77 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -36.8% |
| Total Assets | Skr91.06 Million |
| Market Capitalization | $458.10K USD |
Valuation Analysis
Below Book Valuation: The market values SECITS Holding AB (publ)'s assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SECITS Holding AB (publ)'s assets decreased by 36.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SECITS Holding AB (publ) (2016–2024)
The table below shows the annual total assets of SECITS Holding AB (publ) from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr91.06 Million ≈ $9.80 Million |
-36.85% |
| 2023-12-31 | Skr144.19 Million ≈ $15.52 Million |
-20.75% |
| 2022-12-31 | Skr181.95 Million ≈ $19.58 Million |
+40.40% |
| 2021-12-31 | Skr129.60 Million ≈ $13.95 Million |
+410.17% |
| 2020-12-31 | Skr25.40 Million ≈ $2.73 Million |
-5.68% |
| 2019-12-31 | Skr26.93 Million ≈ $2.90 Million |
-29.60% |
| 2018-12-31 | Skr38.26 Million ≈ $4.12 Million |
+14.96% |
| 2017-12-31 | Skr33.28 Million ≈ $3.58 Million |
+87.91% |
| 2016-12-31 | Skr17.71 Million ≈ $1.91 Million |
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About SECITS Holding AB (publ)
SECITS Holding AB (publ) provides surveillance cameras and camera surveillance services in Sweden. Its products areas used by banks, authorities, property owners, BRF and apartment buildings, industry, building construction, trade, public transport, and logistics and shipping customers. The company was incorporated in 2015 and is based in Hägersten, Sweden.