Fast Finance 24 Holding AG
Fast Finance24 Holding AG, through its investments, primarily engages in the provision of various platforms and software products in finance, marketing, communication, and IT sectors in Germany and rest of Europe. The company offers ff24 Payments (ff24payments.com), a payment processing solution; ff24 Pay, a banking app available for iOS, android, and desktop PCs; OK.de, an online platform that p… Read more
Fast Finance 24 Holding AG (FF24) - Total Assets
Latest total assets as of June 2024: €71.64 Million EUR
Based on the latest financial reports, Fast Finance 24 Holding AG (FF24) holds total assets worth €71.64 Million 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.
Fast Finance 24 Holding AG - Total Assets Trend (2011–2022)
This chart illustrates how Fast Finance 24 Holding AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fast Finance 24 Holding AG - Asset Composition Analysis
Current Asset Composition (December 2022)
Fast Finance 24 Holding AG's total assets of €71.64 Million consist of 4.4% current assets and 95.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.7% |
| Accounts Receivable | €1.37 Million | 3.3% |
| Inventory | €1.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €16.90K | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2011–2022)
This chart illustrates how Fast Finance 24 Holding 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: Fast Finance 24 Holding AG's current assets represent 4.4% of total assets in 2022, a decrease from 62.2% in 2011.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2022, down from 1.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 3.3% of total assets.
Fast Finance 24 Holding AG Competitors by Total Assets
Key competitors of Fast Finance 24 Holding AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pappajack Bhd
KLSE:0242
|
Malaysia | RM361.68 Million |
|
Evergreen Max Cash Capital Berhad
KLSE:0286
|
Malaysia | RM361.11 Million |
|
Samsung Card Co. Ltd.
KO:029780
|
Korea | ₩32.17 Trillion |
|
Yiren Digital Ltd
F:19YA
|
Germany | €14.45 Billion |
|
Yixin Group Limited
F:1YX
|
Germany | €50.34 Billion |
|
BFF Bank S.p.A
F:2BF
|
Germany | €12.13 Billion |
|
Resurs Holding AB (publ)
F:4R6
|
Germany | €50.33 Billion |
|
Aeon Credit Service Bhd
KLSE:5139
|
Malaysia | RM15.62 Billion |
Fast Finance 24 Holding 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 - Fast Finance 24 Holding AG generates 0.05x 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, Fast Finance 24 Holding AG generates $ 4.45 in net profit.
Fast Finance 24 Holding 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 | 9.31 | 11.04 | 1.15 |
| Quick Ratio | 9.31 | 11.04 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.14 Million | € 6.96 Million | € 20.72K |
Fast Finance 24 Holding AG - Advanced Valuation Insights
This section examines the relationship between Fast Finance 24 Holding 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 | 0.10 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.3% |
| Total Assets | €41.96 Million |
| Market Capitalization | $521.99 USD |
Valuation Analysis
Below Book Valuation: The market values Fast Finance 24 Holding AG's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fast Finance 24 Holding AG's assets grew by 4.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fast Finance 24 Holding AG (2011–2022)
The table below shows the annual total assets of Fast Finance 24 Holding AG from 2011 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €41.96 Million | +4.31% |
| 2021-12-31 | €40.23 Million | -0.30% |
| 2020-12-31 | €40.35 Million | +2.09% |
| 2019-12-31 | €39.52 Million | +856.67% |
| 2018-12-31 | €4.13 Million | +35.01% |
| 2017-12-31 | €3.06 Million | +5.43% |
| 2016-12-31 | €2.90 Million | -42.91% |
| 2015-12-31 | €5.08 Million | -65.99% |
| 2013-12-31 | €14.95 Million | +47.09% |
| 2012-12-31 | €10.16 Million | +109.93% |
| 2011-12-31 | €4.84 Million | -- |