Palfinger AG (PAL) - Total Assets
Based on the latest financial reports, Palfinger AG (PAL) holds total assets worth €2.12 Billion EUR (≈ $2.48 Billion USD) as of June 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. Explore how well can Palfinger AG service its debt to assess how comfortably operating cash covers total debt obligations.
Palfinger AG - Total Assets Trend (2015–2024)
This chart illustrates how Palfinger AG's total assets have evolved over time, based on quarterly financial data. See PAL total equity for net asset value and shareholders' equity analysis.
Palfinger AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Palfinger AG's total assets of €2.12 Billion consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 5.9% |
| Accounts Receivable | €251.09 Million | 11.8% |
| Inventory | €612.55 Million | 28.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €113.23 Million | 5.3% |
| Goodwill | €140.18 Million | 6.6% |
Asset Composition Trend (2015–2024)
This chart illustrates how Palfinger 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. For live market cap, price, and company overview, see Palfinger AG stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Palfinger AG's current assets represent 52.3% of total assets in 2024, an increase from 41.5% in 2015.
- Cash Position: Cash and equivalents constituted 5.9% of total assets in 2024, up from 1.8% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, a decrease from 14.0% in 2015.
- Asset Diversification: The largest asset category is inventory at 28.7% of total assets.
Palfinger AG Competitors by Total Assets
Key competitors of Palfinger AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tian Di Science & Technology Co Ltd
SHG:600582
|
China | CN¥58.44 Billion |
|
Sunward Intelligent Equipment Co Ltd
SHE:002097
|
China | CN¥22.08 Billion |
|
HMT Limited
NSE:HMT
|
India | Rs5.21 Billion |
|
First Tractor Company Limited
F:FTP
|
Germany | €15.10 Billion |
|
Inner Mongolia North Hauler Joint Stock Co Ltd
SHG:600262
|
China | CN¥5.35 Billion |
|
Jikai Equipment Manufacturing Co Ltd
SHE:002691
|
China | CN¥1.12 Billion |
|
DY Power Corp
KO:210540
|
Korea | ₩371.37 Billion |
|
Agrometal S.A.I.
BA:AGRO
|
Argentina | AR$77.59 Billion |
Palfinger 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 | 1.60 | 1.87 | 1.97 |
| Quick Ratio | 0.66 | 0.71 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €412.71 Million | €552.10 Million | €358.14 Million |
Palfinger AG - Advanced Valuation Insights
This section examines the relationship between Palfinger 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 | 1.97 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | 3.6% |
| Total Assets | €2.13 Billion |
| Market Capitalization | $1.19 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Palfinger AG's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Palfinger AG's assets grew by 3.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Palfinger AG (2015–2024)
The table below shows the annual total assets of Palfinger AG from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €2.13 Billion ≈ $2.50 Billion |
+3.56% |
| 2023-12-31 | €2.06 Billion ≈ $2.41 Billion |
+5.26% |
| 2022-12-31 | €1.96 Billion ≈ $2.29 Billion |
+15.69% |
| 2021-12-31 | €1.69 Billion ≈ $1.98 Billion |
+8.72% |
| 2020-12-31 | €1.56 Billion ≈ $1.82 Billion |
-5.16% |
| 2019-12-31 | €1.64 Billion ≈ $1.92 Billion |
+7.43% |
| 2018-12-31 | €1.53 Billion ≈ $1.79 Billion |
-1.10% |
| 2017-12-31 | €1.55 Billion ≈ $1.81 Billion |
+0.57% |
| 2016-12-31 | €1.54 Billion ≈ $1.80 Billion |
+26.72% |
| 2015-12-31 | €1.21 Billion ≈ $1.42 Billion |
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About Palfinger AG
Palfinger AG produces and sells crane and lifting solutions in Austria and internationally. It operates through Sales & Service, Operations, and Other segments. The company offers loader cranes, timber and recycling cranes, knuckle boom cranes, telescopic cranes, stiff boom cranes, crane, offshore cranes, davit systems, winches, handling/access equipment and slipway systems, boats, wind cranes, h… Read more