TH1NG AB (TH1NG) - Total Assets
Based on the latest financial reports, TH1NG AB (TH1NG) holds total assets worth Skr18.85 Million SEK (≈ $2.03 Million USD) as of March 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.
TH1NG AB - Total Assets Trend (2018–2024)
This chart illustrates how TH1NG AB's total assets have evolved over time, based on quarterly financial data. Also see TH1NG company net worth for the company's overall valuation and market capitalisation.
TH1NG AB - Asset Composition Analysis
Current Asset Composition (December 2024)
TH1NG AB's total assets of Skr18.85 Million consist of 33.9% current assets and 66.1% non-current assets. Review TH1NG total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 4.5% |
| Accounts Receivable | Skr6.19 Million | 28.0% |
| Inventory | Skr204.00K | 0.9% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr13.39 Million | 60.6% |
| Goodwill | Skr788.00K | 3.6% |
Asset Composition Trend (2018–2024)
This chart illustrates how TH1NG 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. See TH1NG stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TH1NG AB's current assets represent 33.9% of total assets in 2024, a decrease from 83.3% in 2018.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, down from 62.8% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 63.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 60.6% of total assets.
TH1NG AB Competitors by Total Assets
Key competitors of TH1NG AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Verizon Communications Inc
NYSE:VZ
|
USA | $410.19 Billion |
|
AIRTEL AFRICA UNSP.ADR/10
F:9AA0
|
Germany | €13.96 Billion |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
Chile | CL$5.65 Trillion |
|
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
|
China | CN¥1.33 Billion |
|
Zegona Communications Plc
LSE:ZEG
|
UK | GBX7.94 Billion |
|
Orient Telecoms
LSE:ORNT
|
UK | GBX367.77K |
|
Telecom Argentina
BA:TECO2
|
Argentina | AR$16.62 Trillion |
|
Cablevision Holding SA
BA:CVH
|
Argentina | AR$15.64 Trillion |
TH1NG 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 | 0.18 | 0.49 | 0.35 |
| Quick Ratio | 0.17 | 0.47 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-24.75 Million | Skr-10.99 Million | Skr-11.72 Million |
TH1NG AB - Advanced Valuation Insights
This section examines the relationship between TH1NG 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 | 3.51 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -29.2% |
| Total Assets | Skr22.09 Million |
| Market Capitalization | $988.27K USD |
Valuation Analysis
Below Book Valuation: The market values TH1NG AB's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TH1NG AB's assets decreased by 29.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TH1NG AB (2018–2024)
The table below shows the annual total assets of TH1NG AB from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr22.09 Million ≈ $2.38 Million |
-29.22% |
| 2023-12-31 | Skr31.21 Million ≈ $3.36 Million |
-13.55% |
| 2022-12-31 | Skr36.11 Million ≈ $3.89 Million |
-50.76% |
| 2021-12-31 | Skr73.34 Million ≈ $7.89 Million |
+108.18% |
| 2020-12-31 | Skr35.23 Million ≈ $3.79 Million |
+441.36% |
| 2019-12-31 | Skr6.51 Million ≈ $700.27K |
+604.92% |
| 2018-12-31 | Skr923.10K ≈ $99.34K |
-- |
About TH1NG AB
TH1NG AB (publ) develops and delivers socially critical digital infrastructure that enables smart and sustainable societies in Sweden. The company offers various Internet of things platforms and solutions. It also provides broadband, sim cards for devices, and wan network services. The company was incorporated in 2014 and is headquartered in Stockholm, Sweden.