Crown Electrokinetics Corp.
Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It operates in two segments, Electrokinetic Film Technology and Fiber Optics. The company offers DynamicTint technology, which allows transition between clear and dark in seconds that can be applied to a wide array of windows, including commercial buildings, automotive sunroofs, residential skylight, and … Read more
Crown Electrokinetics Corp. (CRKN) - Total Assets
Latest total assets as of September 2024: $17.62 Million USD
Based on the latest financial reports, Crown Electrokinetics Corp. (CRKN) holds total assets worth $17.62 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.
Crown Electrokinetics Corp. - Total Assets Trend (2016–2023)
This chart illustrates how Crown Electrokinetics Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Crown Electrokinetics Corp. - Asset Composition Analysis
Current Asset Composition (December 2023)
Crown Electrokinetics Corp.'s total assets of $17.62 Million consist of 19.6% current assets and 80.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.1% |
| Accounts Receivable | $83.00K | 0.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.38 Million | 14.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how Crown Electrokinetics Corp.'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: Crown Electrokinetics Corp.'s current assets represent 19.6% of total assets in 2023, an increase from 12.6% in 2016.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2023, up from 3.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, a decrease from 78.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 14.5% of total assets.
Crown Electrokinetics Corp. Competitors by Total Assets
Key competitors of Crown Electrokinetics Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Crown Electrokinetics Corp. - 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
Lower asset utilization - Crown Electrokinetics Corp. generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Crown Electrokinetics Corp. is currently not profitable relative to its asset base.
Crown Electrokinetics Corp. - 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 | 1.40 | 1.05 | 0.02 |
| Quick Ratio | 1.40 | 1.05 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.49 Million | $ 125.00K | $ -5.73 Million |
Crown Electrokinetics Corp. - Advanced Valuation Insights
This section examines the relationship between Crown Electrokinetics Corp.'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 | 0.19 |
| Latest Market Cap to Assets Ratio | 0.20 |
| Asset Growth Rate (YoY) | 44.6% |
| Total Assets | $9.53 Million |
| Market Capitalization | $1.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values Crown Electrokinetics Corp.'s assets below their book value (0.20 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Crown Electrokinetics Corp.'s assets grew by 44.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Crown Electrokinetics Corp. (2016–2023)
The table below shows the annual total assets of Crown Electrokinetics Corp. from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $9.53 Million | +44.57% |
| 2022-12-31 | $6.59 Million | -31.72% |
| 2021-12-31 | $9.65 Million | +2383.56% |
| 2020-12-31 | $388.64K | -42.26% |
| 2019-12-31 | $673.04K | 0.00% |
| 2018-12-31 | $673.04K | +33.29% |
| 2017-12-31 | $504.96K | +158.11% |
| 2016-12-31 | $195.64K | -- |