Flatex AG
Flatex AG operates in various business sectors.
Flatex AG (FTK) - Total Assets
Latest total assets as of June 2024: €4.68 Billion EUR
Based on the latest financial reports, Flatex AG (FTK) holds total assets worth €4.68 Billion EUR as of June 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.
Flatex AG - Total Assets Trend (2018–2023)
This chart illustrates how Flatex AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flatex AG - Asset Composition Analysis
Current Asset Composition (December 2023)
Flatex AG's total assets of €4.68 Billion consist of 87.5% current assets and 12.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 59.7% |
| Accounts Receivable | €21.66 Million | 0.5% |
| Inventory | €392.00K | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €236.11 Million | 5.2% |
| Goodwill | €180.65 Million | 4.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Flatex AG'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: Flatex AG's current assets represent 87.5% of total assets in 2023, a decrease from 89.2% in 2018.
- Cash Position: Cash and equivalents constituted 59.7% of total assets in 2023, up from 53.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 5.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 5.2% of total assets.
Flatex AG Competitors by Total Assets
Key competitors of Flatex AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Flatex AG - 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
Lower asset utilization - Flatex AG generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Flatex AG generates $ 1.58 in net profit.
Flatex AG - 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 | 1.03 | 1.05 | 1.03 |
| Quick Ratio | 1.03 | 1.05 | 1.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €134.46 Million | € 176.63 Million | € 102.32 Million |
Flatex AG - Advanced Valuation Insights
This section examines the relationship between Flatex AG'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | €4.54 Billion |
| Market Capitalization | $333.19K USD |
Valuation Analysis
Below Book Valuation: The market values Flatex AG's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Flatex AG's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flatex AG (2018–2023)
The table below shows the annual total assets of Flatex AG from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €4.54 Billion | +10.86% |
| 2022-12-31 | €4.10 Billion | +10.96% |
| 2021-12-31 | €3.69 Billion | +30.96% |
| 2020-12-31 | €2.82 Billion | +122.61% |
| 2019-12-31 | €1.27 Billion | +3.11% |
| 2018-12-31 | €1.23 Billion | -- |