t42 IoT Tracking Solutions PLC (TRAC) - Total Assets
Based on the latest financial reports, t42 IoT Tracking Solutions PLC (TRAC) holds total assets worth GBX3.93 Million GBX (≈ $478.17 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. See TRAC net asset value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see t42 IoT Tracking Solutions PLC market capitalisation.
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 |
|---|---|---|
|
Shenzhen Everbest Machinery Indus
SHE:002980
|
China | CN¥1.46 Billion |
|
Goldcard High-Tech Co Ltd
SHE:300349
|
China | CN¥7.07 Billion |
|
Orexplore Technologies Ltd
AU:OXT
|
Australia | AU$10.11 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$904.80 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
|
Ikegps Group Ltd
AU:IKE
|
Australia | AU$51.01 Million |
|
Optiscan Imaging Ltd
AU:OIL
|
Australia | AU$10.56 Million |
|
Structural Monitoring Systems Plc
AU:SMN
|
Australia | AU$34.67 Million |
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 | GBX1.35 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 | 0.01 |
| Asset Growth Rate (YoY) | -12.5% |
| Total Assets | GBX4.37 Million |
| Market Capitalization | $41.39K USD |
Valuation Analysis
Below Book Valuation: The market values t42 IoT Tracking Solutions PLC's assets below their book value (0.01x), 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 ≈ $532.19 |
-12.47% |
| 2023-12-31 | GBX5.00 Million ≈ $607.99 |
-1.03% |
| 2022-12-31 | GBX5.05 Million ≈ $614.32 |
-21.07% |
| 2021-12-31 | GBX6.40 Million ≈ $778.33 |
+0.66% |
| 2020-12-31 | GBX6.36 Million ≈ $773.22 |
-15.26% |
| 2019-12-31 | GBX7.50 Million ≈ $912.41 |
+7.07% |
| 2018-12-31 | GBX7.00 Million ≈ $852.18 |
+11.00% |
| 2017-12-31 | GBX6.31 Million ≈ $767.74 |
+9.89% |
| 2016-12-31 | GBX5.74 Million ≈ $698.64 |
-15.30% |
| 2015-12-31 | GBX6.78 Million ≈ $824.81 |
-19.36% |
| 2014-12-31 | GBX8.41 Million ≈ $1.02K |
-25.30% |
| 2013-12-31 | GBX11.25 Million ≈ $1.37K |
+43.17% |
| 2012-12-31 | GBX7.86 Million ≈ $956.33 |
+94.60% |
| 2011-12-31 | GBX4.04 Million ≈ $491.43 |
+47.62% |
| 2010-12-31 | GBX2.74 Million ≈ $332.89 |
+53.45% |
| 2009-12-31 | GBX1.78 Million ≈ $216.94 |
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About 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