SKF AB
SKF AB operates in various business sectors.
SKF AB (SKFA) - Total Assets
Latest total assets as of June 2024: €113.38 Billion EUR
Based on the latest financial reports, SKF AB (SKFA) holds total assets worth €113.38 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.
SKF AB - Total Assets Trend (2018–2023)
This chart illustrates how SKF AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SKF AB - Asset Composition Analysis
Current Asset Composition (December 2023)
SKF AB's total assets of €113.38 Billion consist of 53.5% current assets and 46.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 11.9% |
| Accounts Receivable | €16.81 Billion | 15.0% |
| Inventory | €23.19 Billion | 20.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €5.04 Billion | 4.5% |
| Goodwill | €11.96 Billion | 10.7% |
Asset Composition Trend (2018–2023)
This chart illustrates how SKF 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SKF AB's current assets represent 53.5% of total assets in 2023, a decrease from 54.2% in 2018.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2023, down from 11.9% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, a decrease from 19.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 20.7% of total assets.
SKF AB Competitors by Total Assets
Key competitors of SKF AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
SKF AB - 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 - SKF AB generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, SKF AB generates $5.71 in net profit.
SKF 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 | 2.36 | 2.12 | 2.42 |
| Quick Ratio | 1.36 | 1.23 | 1.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €33.47 Billion | € 33.73 Billion | € 30.63 Billion |
SKF AB - Advanced Valuation Insights
This section examines the relationship between SKF 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | €111.90 Billion |
| Market Capitalization | $217.83K USD |
Valuation Analysis
Below Book Valuation: The market values SKF AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SKF AB's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SKF AB (2018–2023)
The table below shows the annual total assets of SKF AB from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €111.90 Billion | +0.88% |
| 2022-12-31 | €110.92 Billion | +11.34% |
| 2021-12-31 | €99.63 Billion | +10.02% |
| 2020-12-31 | €90.56 Billion | -3.77% |
| 2019-12-31 | €94.11 Billion | +7.96% |
| 2018-12-31 | €87.17 Billion | -- |