t42 IoT Tracking Solutions PLC
t42 IoT Tracking Solutions PLC, a technology company, sells hardware and software products in the United Kingdom, Israel, and Internationally. The company operates through Hardware and SaaS segments. It provides tetis, a tracking and monitoring solution for cargo; lokies, a keyless padlock with IoT capabilities; kylos, a GPS tracker and management system for asset management, monitoring, tracking… Read more
t42 IoT Tracking Solutions PLC (TRAC) - Total Assets
Latest total assets as of June 2025: GBX3.93 Million GBX
Based on the latest financial reports, t42 IoT Tracking Solutions PLC (TRAC) holds total assets worth GBX3.93 Million GBX 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.
t42 IoT Tracking Solutions PLC - Total Assets Trend (2009–2024)
This chart illustrates how t42 IoT Tracking Solutions PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
t42 IoT Tracking Solutions PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
t42 IoT Tracking Solutions PLC's total assets of GBX3.93 Million consist of 47.8% current assets and 52.2% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 3.4% |
| Accounts Receivable | GBX740.00K | 16.9% |
| Inventory | GBX1.12 Million | 25.5% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX759.00K | 17.4% |
| Goodwill | GBX0.00 | 0.0% |
Asset Composition Trend (2009–2024)
This chart illustrates how t42 IoT Tracking Solutions PLC'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: t42 IoT Tracking Solutions PLC's current assets represent 47.8% of total assets in 2024, a decrease from 92.6% in 2009.
- Cash Position: Cash and equivalents constituted 3.4% of total assets in 2024, down from 10.5% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 0.0% in 2009.
- Asset Diversification: The largest asset category is inventory at 25.5% of total assets.
t42 IoT Tracking Solutions PLC Competitors by Total Assets
Key competitors of t42 IoT Tracking Solutions PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
t42 IoT Tracking Solutions PLC - 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 - t42 IoT Tracking Solutions PLC generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - t42 IoT Tracking Solutions PLC is currently not profitable relative to its asset base.
t42 IoT Tracking Solutions PLC - 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 | 0.30 | 0.36 | 1.43 |
| Quick Ratio | 0.17 | 0.16 | 0.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX-4.51 Million | GBX -4.07 Million | GBX 1.35 Million |
t42 IoT Tracking Solutions PLC - Advanced Valuation Insights
This section examines the relationship between t42 IoT Tracking Solutions PLC'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 | 43.63 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -12.5% |
| Total Assets | GBX4.37 Million |
| Market Capitalization | $240.33 USD |
Valuation Analysis
Below Book Valuation: The market values t42 IoT Tracking Solutions PLC's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: t42 IoT Tracking Solutions PLC's assets decreased by 12.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for t42 IoT Tracking Solutions PLC (2009–2024)
The table below shows the annual total assets of t42 IoT Tracking Solutions PLC from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | GBX4.37 Million | -12.47% |
| 2023-12-31 | GBX5.00 Million | -1.03% |
| 2022-12-31 | GBX5.05 Million | -21.07% |
| 2021-12-31 | GBX6.40 Million | +0.66% |
| 2020-12-31 | GBX6.36 Million | -15.26% |
| 2019-12-31 | GBX7.50 Million | +7.07% |
| 2018-12-31 | GBX7.00 Million | +11.00% |
| 2017-12-31 | GBX6.31 Million | +9.89% |
| 2016-12-31 | GBX5.74 Million | -15.30% |
| 2015-12-31 | GBX6.78 Million | -19.36% |
| 2014-12-31 | GBX8.41 Million | -25.30% |
| 2013-12-31 | GBX11.25 Million | +43.17% |
| 2012-12-31 | GBX7.86 Million | +94.60% |
| 2011-12-31 | GBX4.04 Million | +47.62% |
| 2010-12-31 | GBX2.74 Million | +53.45% |
| 2009-12-31 | GBX1.78 Million | -- |