Steel Connect Inc
Steel Connect, Inc., together with its subsidiaries, provides supply chain services in the United States, Mainland China, the Netherlands, Singapore, the Czech Republic, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, pr… Read more
Steel Connect Inc (STCN) - Total Assets
Latest total assets as of October 2024: $476.76 Million USD
Based on the latest financial reports, Steel Connect Inc (STCN) holds total assets worth $476.76 Million USD as of October 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.
Steel Connect Inc - Total Assets Trend (1994–2024)
This chart illustrates how Steel Connect Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Steel Connect Inc - Asset Composition Analysis
Current Asset Composition (July 2024)
Steel Connect Inc's total assets of $476.76 Million consist of 60.9% current assets and 39.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 51.2% |
| Accounts Receivable | $33.44 Million | 6.9% |
| Inventory | $6.73 Million | 1.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $31.04 Million | 6.4% |
| Goodwill | $19.70 Million | 4.1% |
Asset Composition Trend (1994–2024)
This chart illustrates how Steel Connect 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: Steel Connect Inc's current assets represent 60.9% of total assets in 2024, a decrease from 73.2% in 1994.
- Cash Position: Cash and equivalents constituted 51.2% of total assets in 2024, up from 23.6% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 6.9% of total assets.
Steel Connect Inc Competitors by Total Assets
Key competitors of Steel Connect Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
Steel Connect 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
Lower asset utilization - Steel Connect Inc generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Steel Connect Inc generates $ 17.68 in net profit.
Steel Connect 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 | 4.27 | 4.71 | 0.83 |
| Quick Ratio | 4.14 | 4.59 | 0.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $217.02 Million | $ 251.52 Million | $ -44.58 Million |
Steel Connect Inc - Advanced Valuation Insights
This section examines the relationship between Steel Connect 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 | 0.49 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | 18.1% |
| Total Assets | $485.63 Million |
| Market Capitalization | $26.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Steel Connect Inc's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Steel Connect Inc's assets grew by 18.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Steel Connect Inc (1994–2024)
The table below shows the annual total assets of Steel Connect Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $485.63 Million | +18.11% |
| 2023-07-31 | $411.18 Million | +198.50% |
| 2022-07-31 | $137.75 Million | -79.63% |
| 2021-07-31 | $676.38 Million | -10.91% |
| 2020-07-31 | $759.17 Million | +3.77% |
| 2019-07-31 | $731.56 Million | -11.55% |
| 2018-07-31 | $827.05 Million | +194.01% |
| 2017-07-31 | $281.30 Million | -19.39% |
| 2016-07-31 | $348.94 Million | -21.85% |
| 2015-07-31 | $446.50 Million | -1.14% |
| 2014-07-31 | $451.65 Million | +31.41% |
| 2013-07-31 | $343.70 Million | -4.23% |
| 2012-07-31 | $358.88 Million | -15.03% |
| 2011-07-31 | $422.36 Million | -19.67% |
| 2010-07-31 | $525.79 Million | -5.37% |
| 2009-07-31 | $555.62 Million | -31.45% |
| 2008-07-31 | $810.56 Million | -1.05% |
| 2007-07-31 | $819.13 Million | +7.33% |
| 2006-07-31 | $763.22 Million | +5.76% |
| 2005-07-31 | $721.68 Million | +66.38% |
| 2004-07-31 | $433.77 Million | -4.74% |
| 2003-07-31 | $455.34 Million | -47.68% |
| 2002-07-31 | $870.34 Million | -60.18% |
| 2001-07-31 | $2.19 Billion | -74.46% |
| 2000-07-31 | $8.56 Billion | +255.86% |
| 1999-07-31 | $2.40 Billion | +912.46% |
| 1998-07-31 | $237.50 Million | +60.04% |
| 1997-07-31 | $148.40 Million | +35.53% |
| 1996-07-31 | $109.50 Million | +37.91% |
| 1995-07-31 | $79.40 Million | +525.20% |
| 1994-07-31 | $12.70 Million | -- |