Sacks Parente Golf, Inc. Common Stock
Newton Golf Company, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting g… Read more
Sacks Parente Golf, Inc. Common Stock (SPGC) - Total Assets
Latest total assets as of March 2025: $8.23 Million USD
Based on the latest financial reports, Sacks Parente Golf, Inc. Common Stock (SPGC) holds total assets worth $8.23 Million USD as of March 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.
Sacks Parente Golf, Inc. Common Stock - Total Assets Trend (2020–2024)
This chart illustrates how Sacks Parente Golf, Inc. Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sacks Parente Golf, Inc. Common Stock - Asset Composition Analysis
Current Asset Composition (December 2024)
Sacks Parente Golf, Inc. Common Stock's total assets of $8.23 Million consist of 91.7% current assets and 8.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 78.3% |
| Accounts Receivable | $115.00K | 1.2% |
| Inventory | $913.00K | 9.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $59.00K | 0.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Sacks Parente Golf, Inc. Common Stock'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: Sacks Parente Golf, Inc. Common Stock's current assets represent 91.7% of total assets in 2024, a decrease from 98.0% in 2020.
- Cash Position: Cash and equivalents constituted 78.3% of total assets in 2024, up from 49.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 9.4% of total assets.
Sacks Parente Golf, Inc. Common Stock Competitors by Total Assets
Key competitors of Sacks Parente Golf, Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
Sacks Parente Golf, Inc. Common Stock - 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 - Sacks Parente Golf, Inc. Common Stock generates 0.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sacks Parente Golf, Inc. Common Stock is currently not profitable relative to its asset base.
Sacks Parente Golf, Inc. Common Stock - 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 | 3.65 | 9.58 | 0.32 |
| Quick Ratio | 3.14 | 8.89 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.34 Million | $ 4.19 Million | $ -541.00K |
Sacks Parente Golf, Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between Sacks Parente Golf, Inc. Common Stock'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 | 1.26 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 52.7% |
| Total Assets | $9.77 Million |
| Market Capitalization | $92.24K USD |
Valuation Analysis
Below Book Valuation: The market values Sacks Parente Golf, Inc. Common Stock's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sacks Parente Golf, Inc. Common Stock's assets grew by 52.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sacks Parente Golf, Inc. Common Stock (2020–2024)
The table below shows the annual total assets of Sacks Parente Golf, Inc. Common Stock from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.77 Million | +52.74% |
| 2023-12-31 | $6.39 Million | +800.56% |
| 2022-12-31 | $710.00K | +169.96% |
| 2021-12-31 | $263.00K | +30.85% |
| 2020-12-31 | $201.00K | -- |