SMART Global Holdings Inc
Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine… Read more
SMART Global Holdings Inc (850) - Total Assets
Latest total assets as of May 2025: €1.80 Billion EUR
Based on the latest financial reports, SMART Global Holdings Inc (850) holds total assets worth €1.80 Billion EUR as of May 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.
SMART Global Holdings Inc - Total Assets Trend (2017–2024)
This chart illustrates how SMART Global Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SMART Global Holdings Inc - Asset Composition Analysis
Current Asset Composition (August 2024)
SMART Global Holdings Inc's total assets of €1.80 Billion consist of 58.9% current assets and 41.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 26.0% |
| Accounts Receivable | €251.74 Million | 17.1% |
| Inventory | €151.21 Million | 10.3% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €121.45 Million | 8.2% |
| Goodwill | €161.96 Million | 11.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how SMART Global Holdings Inc'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SMART Global Holdings Inc's current assets represent 58.9% of total assets in 2024, a decrease from 72.3% in 2017.
- Cash Position: Cash and equivalents constituted 26.0% of total assets in 2024, up from 4.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, an increase from 10.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 17.1% of total assets.
SMART Global Holdings Inc Competitors by Total Assets
Key competitors of SMART Global Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
SMART Global Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - SMART Global Holdings Inc generates 0.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SMART Global Holdings Inc is currently not profitable relative to its asset base.
SMART Global Holdings Inc - 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 | 2.62 | 2.68 | 1.97 |
| Quick Ratio | 2.24 | 2.18 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €773.15 Million | € 591.18 Million | € 274.22 Million |
SMART Global Holdings Inc - Advanced Valuation Insights
This section examines the relationship between SMART Global Holdings Inc'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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | -2.1% |
| Total Assets | €1.47 Billion |
| Market Capitalization | $850.45 Million USD |
Valuation Analysis
Below Book Valuation: The market values SMART Global Holdings Inc's assets below their book value (0.58 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: SMART Global Holdings Inc's assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for SMART Global Holdings Inc (2017–2024)
The table below shows the annual total assets of SMART Global Holdings Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | €1.47 Billion | -2.09% |
| 2023-08-31 | €1.51 Billion | -4.21% |
| 2022-08-31 | €1.57 Billion | +16.90% |
| 2021-08-31 | €1.34 Billion | +70.96% |
| 2020-08-31 | €786.61 Million | +11.71% |
| 2019-08-31 | €704.14 Million | +4.66% |
| 2018-08-31 | €672.76 Million | +40.15% |
| 2017-08-31 | €480.03 Million | -- |