Golan Plastic (GLPL) - Total Assets
Based on the latest financial reports, Golan Plastic (GLPL) holds total assets worth ILA506.51 Million ILA (≈ $1.36 Million USD) as of March 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. Explore Golan Plastic cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Golan Plastic - Total Assets Trend (2004–2023)
This chart illustrates how Golan Plastic's total assets have evolved over time, based on quarterly financial data. See GLPL total equity for net asset value and shareholders' equity analysis.
Golan Plastic - Asset Composition Analysis
Current Asset Composition (December 2023)
Golan Plastic's total assets of ILA506.51 Million consist of 55.2% current assets and 44.8% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 1.0% |
| Accounts Receivable | ILA137.82 Million | 27.5% |
| Inventory | ILA110.84 Million | 22.1% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA5.75 Million | 1.2% |
Asset Composition Trend (2004–2023)
This chart illustrates how Golan Plastic'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 Golan Plastic (GLPL) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Golan Plastic's current assets represent 55.2% of total assets in 2023, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2023, down from 3.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 27.5% of total assets.
Golan Plastic Competitors by Total Assets
Key competitors of Golan Plastic based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Weixing New Building Materials Co Ltd
SHE:002372
|
China | CN¥6.44 Billion |
|
Shandong Yabo Technology Co Ltd
SHE:002323
|
China | CN¥853.72 Million |
|
Kcc Glass Corp
KO:344820
|
Korea | ₩2.31 Trillion |
|
Zhejiang Lianxiang Smart Home
SHG:603272
|
China | CN¥639.27 Million |
|
Ferrum S.A.
BA:FERR
|
Argentina | AR$245.16 Billion |
|
Orient Bell Limited
NSE:ORIENTBELL
|
India | Rs5.17 Billion |
|
GWA Group Ltd
AU:GWA
|
Australia | AU$648.29 Million |
|
Embelton Ltd
AU:EMB
|
Australia | AU$34.48 Million |
Golan Plastic - 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 | 2.68 | 2.47 | 2.31 |
| Quick Ratio | 1.64 | 1.61 | 1.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA173.55 Million | ILA177.05 Million | ILA124.06 Million |
Golan Plastic - Advanced Valuation Insights
This section examines the relationship between Golan Plastic'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 | 0.95 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 1.0% |
| Total Assets | ILA501.54 Million |
| Market Capitalization | $62.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Golan Plastic's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Golan Plastic's assets grew by 1.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Golan Plastic (2004–2023)
The table below shows the annual total assets of Golan Plastic from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ILA501.54 Million ≈ $1.34 Million |
+0.95% |
| 2022-12-31 | ILA496.80 Million ≈ $1.33 Million |
+11.97% |
| 2021-12-31 | ILA443.68 Million ≈ $1.19 Million |
-0.56% |
| 2020-12-31 | ILA446.18 Million ≈ $1.20 Million |
+10.76% |
| 2019-12-31 | ILA402.84 Million ≈ $1.08 Million |
+24.94% |
| 2018-12-31 | ILA322.44 Million ≈ $864.45K |
+2.10% |
| 2017-12-31 | ILA315.81 Million ≈ $846.68K |
+8.10% |
| 2016-12-31 | ILA292.13 Million ≈ $783.20K |
+4.21% |
| 2015-12-31 | ILA280.32 Million ≈ $751.53K |
-7.05% |
| 2014-12-31 | ILA301.58 Million ≈ $808.52K |
+5.65% |
| 2013-12-31 | ILA285.46 Million ≈ $765.30K |
+0.56% |
| 2012-12-31 | ILA283.88 Million ≈ $761.07K |
+8.85% |
| 2011-12-31 | ILA260.80 Million ≈ $699.20K |
+7.86% |
| 2010-12-31 | ILA241.79 Million ≈ $648.22K |
+7.18% |
| 2009-12-31 | ILA225.60 Million ≈ $604.82K |
+4.22% |
| 2008-12-31 | ILA216.45 Million ≈ $580.31K |
-0.02% |
| 2006-12-31 | ILA216.49 Million ≈ $580.41K |
-0.92% |
| 2005-12-31 | ILA218.51 Million ≈ $585.82K |
+36.74% |
| 2004-12-31 | ILA159.80 Million ≈ $428.41K |
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About Golan Plastic
Golan Plastic Products Ltd develops, produces, distributes, and sells cross-linked polyethylene PEX piping systems in Israel, Europe, Scandinavia, Asia, North America, and South America. The company provides pipes, fittings, and accessories for systems. It also offers screw and crimping fittings, and fax pipes for underfloor heating and heating systems, neighborhood and municipal water systems, m… Read more