GSE Systems Inc
GSE Systems, Inc. engages in the provision of professional and technical engineering services, staffing services, and simulation software to clients in the power and process industries in the United States, Asia, Europe, and internationally. It operates in two segments: Engineering and Workforce Solutions. The Engineering segment provides various technical engineering services for ASME programs; … Read more
GSE Systems Inc (GVP) - Total Assets
Latest total assets as of June 2024: $20.32 Million USD
Based on the latest financial reports, GSE Systems Inc (GVP) holds total assets worth $20.32 Million USD as of June 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.
GSE Systems Inc - Total Assets Trend (1995–2023)
This chart illustrates how GSE Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GSE Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
GSE Systems Inc's total assets of $20.32 Million consist of 60.0% current assets and 40.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.9% |
| Accounts Receivable | $10.20 Million | 44.7% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.93 Million | 8.5% |
| Goodwill | $4.91 Million | 21.5% |
Asset Composition Trend (1995–2023)
This chart illustrates how GSE Systems 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GSE Systems Inc's current assets represent 60.0% of total assets in 2023, a decrease from 80.7% in 1995.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2023, down from 17.5% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, an increase from 4.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 44.7% of total assets.
GSE Systems Inc Competitors by Total Assets
Key competitors of GSE Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
GSE Systems Inc - 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 - GSE Systems Inc generates 1.98x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - GSE Systems Inc is currently not profitable relative to its asset base.
GSE Systems 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 | 0.67 | 0.93 | 1.49 |
| Quick Ratio | 0.67 | 0.90 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.59 Million | $ -972.00K | $ 8.83 Million |
GSE Systems Inc - Advanced Valuation Insights
This section examines the relationship between GSE Systems 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 | 5.78 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | -13.9% |
| Total Assets | $22.80 Million |
| Market Capitalization | $13.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values GSE Systems Inc's assets below their book value (0.61 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: GSE Systems Inc's assets decreased by 13.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for GSE Systems Inc (1995–2023)
The table below shows the annual total assets of GSE Systems Inc from 1995 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $22.80 Million | -13.93% |
| 2022-12-31 | $26.50 Million | -32.15% |
| 2021-12-31 | $39.05 Million | +0.36% |
| 2020-12-31 | $38.91 Million | -40.76% |
| 2019-12-31 | $65.68 Million | +6.90% |
| 2018-12-31 | $61.44 Million | +8.06% |
| 2017-12-31 | $56.85 Million | +6.04% |
| 2016-12-31 | $53.62 Million | +36.18% |
| 2015-12-31 | $39.37 Million | -14.41% |
| 2014-12-31 | $46.00 Million | -5.79% |
| 2013-12-31 | $48.83 Million | -21.96% |
| 2012-12-31 | $62.56 Million | +6.37% |
| 2011-12-31 | $58.81 Million | +9.70% |
| 2010-12-31 | $53.61 Million | +8.27% |
| 2009-12-31 | $49.52 Million | +59.66% |
| 2008-12-31 | $31.02 Million | +9.35% |
| 2007-12-31 | $28.36 Million | +53.75% |
| 2006-12-31 | $18.45 Million | +53.96% |
| 2005-12-31 | $11.98 Million | -15.79% |
| 2004-12-31 | $14.23 Million | -13.96% |
| 2003-12-31 | $16.54 Million | -42.77% |
| 2002-12-31 | $28.89 Million | -14.19% |
| 2001-12-31 | $33.67 Million | -6.33% |
| 2000-12-31 | $35.95 Million | -16.45% |
| 1999-12-31 | $43.03 Million | -11.65% |
| 1998-12-31 | $48.70 Million | +0.62% |
| 1997-12-31 | $48.40 Million | -5.10% |
| 1996-12-31 | $51.00 Million | -0.78% |
| 1995-12-31 | $51.40 Million | -- |