ConnectM Technology Solutions, Inc. (CNTM) - Total Assets
Based on the latest financial reports, ConnectM Technology Solutions, Inc. (CNTM) holds total assets worth $13.75 Million USD as of September 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.
ConnectM Technology Solutions, Inc. - Total Assets Trend (2021–2023)
This chart illustrates how ConnectM Technology Solutions, Inc.'s total assets have evolved over time, based on quarterly financial data. Also see ConnectM Technology Solutions, Inc. stock valuation for the company's overall valuation and market capitalisation.
ConnectM Technology Solutions, Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
ConnectM Technology Solutions, Inc.'s total assets of $13.75 Million consist of 0.1% current assets and 99.9% non-current assets. Review CNTM current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $62.19K | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how ConnectM Technology Solutions, Inc.'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. See latest ConnectM Technology Solutions, Inc. stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ConnectM Technology Solutions, Inc.'s current assets represent 0.1% of total assets in 2023, a decrease from 1.5% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 1.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 291.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
ConnectM Technology Solutions, Inc. Competitors by Total Assets
Key competitors of ConnectM Technology Solutions, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Kingsoft Office Software In
SHG:688111
|
China | CN¥20.22 Billion |
|
Xero Ltd
AU:XRO
|
Australia | AU$6.10 Billion |
|
Webull Corp
NASDAQ:BULL
|
USA | $3.88 Billion |
|
Douzone Bizon Co Ltd
KO:012510
|
Korea | ₩1.15 Trillion |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
China | CN¥3.41 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
China | CN¥948.32 Million |
|
TRUSTPILOT GROUP LS -01
F:6VZ
|
Germany | €127.51 Million |
|
Beijing Global Safety Technology Co Ltd
SHE:300523
|
China | CN¥3.97 Billion |
ConnectM Technology Solutions, Inc. - 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 | 0.19 | 0.06 | 0.02 |
| Quick Ratio | 0.18 | -0.08 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-31.20 Million | $-5.77 Million | $-324.50K |
ConnectM Technology Solutions, Inc. - Advanced Valuation Insights
This section examines the relationship between ConnectM Technology Solutions, Inc.'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 | - |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -16.4% |
| Total Assets | $78.78 Million |
| Market Capitalization | $5.50 Million USD |
Valuation Analysis
Below Book Valuation: The market values ConnectM Technology Solutions, Inc.'s assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: ConnectM Technology Solutions, Inc.'s assets decreased by 16.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ConnectM Technology Solutions, Inc. (2021–2023)
The table below shows the annual total assets of ConnectM Technology Solutions, Inc. from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $78.78 Million | -16.39% |
| 2022-12-31 | $94.22 Million | +28054.53% |
| 2021-12-31 | $334.66K | -- |
About ConnectM Technology Solutions, Inc.
ConnectM Technology Solutions, Inc., a clean technology company, provides a digital platform for the electrification and decarbonization needs of homeowners in the United States and India. It operates through Electrification, Decarbonization, OEM/EV, and Managed Services segments. The company offers residential and light commercial buildings, and all-electric original equipment manufacturers with… Read more