Sacks Parente Golf, Inc. Common Stock (SPGC) - Total Assets
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. See SPGC net asset quality index to measure how much of total assets are equity-financed.
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. Check Sacks Parente Golf, Inc. Common Stock tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap, price, and company overview, see SPGC stock market capitalisation.
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 |
|---|---|---|
|
CoCreation Grass Co Ltd
SHG:605099
|
China | CN¥3.67 Billion |
|
Sats ASA
OL:SATS
|
Norway | Nkr9.64 Billion |
|
Joy Kie Corporation Limited.
SHE:300994
|
China | CN¥2.21 Billion |
|
Heng Sheng Holding Group Limited
KQ:900270
|
Korea | ₩416.64 Billion |
|
Atlas Cycles (Haryana) Limited
NSE:ATLASCYCLE
|
India | Rs4.80 Billion |
|
Toys R US ANZ Ltd
AU:TOY
|
Australia | AU$10.48 Million |
|
Coast Entertainment Holdings Ltd
AU:CEH
|
Australia | AU$261.11 Million |
|
Viva Leisure Ltd
AU:VVA
|
Australia | AU$603.26 Million |
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 | 0.05 |
| Asset Growth Rate (YoY) | 52.7% |
| Total Assets | $9.77 Million |
| Market Capitalization | $534.93K USD |
Valuation Analysis
Below Book Valuation: The market values Sacks Parente Golf, Inc. Common Stock's assets below their book value (0.05x), 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 | -- |
About 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