Binect AG
Binect AG, a management holding company, engages in digitization of document-based business communication in Germany. It develops and integrates digital modules and services for medium-sized companies, authorities, and other institutions. The company was founded in 2004 and is based in Weiterstadt, Germany.
Binect AG (MA10) - Total Assets
Latest total assets as of June 2025: €12.13 Million EUR
Based on the latest financial reports, Binect AG (MA10) holds total assets worth €12.13 Million EUR 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.
Binect AG - Total Assets Trend (2004–2024)
This chart illustrates how Binect AG’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Binect AG - Asset Composition Analysis
Current Asset Composition (December 2024)
Binect AG's total assets of €12.13 Million consist of 51.9% current assets and 48.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 16.1% |
| Accounts Receivable | €4.94 Million | 34.3% |
| Inventory | €80.60K | 0.6% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.67 Million | 11.6% |
| Goodwill | €4.56 Million | 31.7% |
Asset Composition Trend (2004–2024)
This chart illustrates how Binect 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: Binect AG's current assets represent 51.9% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2024, up from 15.4% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 35.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 34.3% of total assets.
Binect AG Competitors by Total Assets
Key competitors of Binect AG based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Binect 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
Strong asset utilization - Binect AG generates 1.46x 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, Binect AG generates $ 0.60 in net profit.
Binect 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 | 2.30 | 2.12 | 3.06 |
| Quick Ratio | 2.25 | 2.05 | 3.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.09 Million | € 2.66 Million | € 122.82K |
Binect AG - Advanced Valuation Insights
This section examines the relationship between Binect 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 | 0.53 |
| Latest Market Cap to Assets Ratio | 0.33 |
| Asset Growth Rate (YoY) | 17.7% |
| Total Assets | €14.40 Million |
| Market Capitalization | $4.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Binect AG's assets below their book value (0.33 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Binect AG's assets grew by 17.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Binect AG (2004–2024)
The table below shows the annual total assets of Binect AG from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €14.40 Million | +17.66% |
| 2023-12-31 | €12.23 Million | +5.71% |
| 2022-12-31 | €11.57 Million | +16.26% |
| 2021-12-31 | €9.95 Million | +17.87% |
| 2020-12-31 | €8.45 Million | +11.82% |
| 2019-12-31 | €7.55 Million | -26.63% |
| 2018-12-31 | €10.29 Million | -37.43% |
| 2017-12-31 | €16.45 Million | -42.48% |
| 2016-12-31 | €28.60 Million | -8.22% |
| 2015-12-31 | €31.16 Million | +32.92% |
| 2014-12-31 | €23.45 Million | +133.20% |
| 2013-12-31 | €10.05 Million | +10.16% |
| 2012-12-31 | €9.13 Million | +16.50% |
| 2011-12-31 | €7.83 Million | +30.64% |
| 2010-12-31 | €6.00 Million | +28.22% |
| 2009-12-31 | €4.68 Million | +5.48% |
| 2008-12-31 | €4.43 Million | +3.44% |
| 2007-12-31 | €4.29 Million | -16.08% |
| 2006-12-31 | €5.11 Million | +1250.42% |
| 2005-12-31 | €378.19K | +195.93% |
| 2004-12-31 | €127.80K | -- |