TTA Holdings Ltd
TTA Holdings Limited, together with its subsidiaries, distributes TEAC branded audio and visual consumer electronic products to retailers in Australia. Its products include televisions, soundbars, turntables, earbuds, headphones, Bluetooth speakers, and accessories comprising portable radio CD player, set top box, Bluetooth clock radio, USB conference microphone, and wireless charger. The company… Read more
TTA Holdings Ltd (TTA) - Total Assets
Latest total assets as of March 2024: AU$223.54K AUD
Based on the latest financial reports, TTA Holdings Ltd (TTA) holds total assets worth AU$223.54K AUD 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.
TTA Holdings Ltd - Total Assets Trend (2005–2024)
This chart illustrates how TTA Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TTA Holdings Ltd - Asset Composition Analysis
Current Asset Composition (March 2024)
TTA Holdings Ltd's total assets of AU$223.54K consist of 94.9% current assets and 5.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 14.3% |
| Accounts Receivable | AU$60.98K | 27.3% |
| Inventory | AU$100.16K | 44.8% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how TTA Holdings Ltd'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: TTA Holdings Ltd's current assets represent 94.9% of total assets in 2024, an increase from 23.2% in 2005.
- Cash Position: Cash and equivalents constituted 14.3% of total assets in 2024, down from 16.5% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 22.0% in 2005.
- Asset Diversification: The largest asset category is inventory at 44.8% of total assets.
TTA Holdings Ltd Competitors by Total Assets
Key competitors of TTA Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
China | CN¥16.66 Billion |
|
Pineapple Resources Bhd
KLSE:0006
|
Malaysia | RM18.80 Million |
|
Telling Telecommunication Holding Co Ltd
SHE:000829
|
China | CN¥24.97 Billion |
|
Unisplendour Corp Ltd
SHE:000938
|
China | CN¥93.64 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
China | CN¥12.77 Billion |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
China | CN¥4.41 Billion |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
China | CN¥3.62 Billion |
|
Artroniq Berhad
KLSE:0038
|
Malaysia | RM66.56 Million |
TTA Holdings Ltd - 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 - TTA Holdings Ltd generates 4.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TTA Holdings Ltd is currently not profitable relative to its asset base.
TTA Holdings Ltd - 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 | 0.36 | 2.45 | 5.56 |
| Quick Ratio | 0.19 | 0.62 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$-380.71K | AU$ 1.05 Million | AU$ 3.30 Million |
TTA Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between TTA Holdings Ltd'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 | 0.81 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -87.7% |
| Total Assets | AU$223.54K |
| Market Capitalization | $12.88K USD |
Valuation Analysis
Below Book Valuation: The market values TTA Holdings Ltd's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TTA Holdings Ltd's assets decreased by 87.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TTA Holdings Ltd (2005–2024)
The table below shows the annual total assets of TTA Holdings Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | AU$223.54K | -87.66% |
| 2023-03-31 | AU$1.81 Million | -40.12% |
| 2022-03-31 | AU$3.02 Million | -37.27% |
| 2021-03-31 | AU$4.82 Million | -7.61% |
| 2020-03-31 | AU$5.22 Million | -40.23% |
| 2019-03-31 | AU$8.73 Million | -25.73% |
| 2018-03-31 | AU$11.76 Million | -7.30% |
| 2017-03-31 | AU$12.68 Million | -16.99% |
| 2016-03-31 | AU$15.28 Million | -8.92% |
| 2015-03-31 | AU$16.78 Million | -54.34% |
| 2014-03-31 | AU$36.74 Million | +20.04% |
| 2013-03-31 | AU$30.61 Million | +6.37% |
| 2012-03-31 | AU$28.77 Million | -11.27% |
| 2011-03-31 | AU$32.43 Million | +7.27% |
| 2010-03-31 | AU$30.23 Million | -14.11% |
| 2009-03-31 | AU$35.20 Million | +13.24% |
| 2008-06-30 | AU$31.08 Million | +0.00% |
| 2008-03-31 | AU$31.08 Million | +121.41% |
| 2007-03-31 | AU$14.04 Million | +4.01% |
| 2006-03-31 | AU$13.50 Million | +144.09% |
| 2005-03-31 | AU$5.53 Million | -- |