Toughbuilt Industries Inc (TBLT) - Total Assets
Based on the latest financial reports, Toughbuilt Industries Inc (TBLT) holds total assets worth $51.79 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. Check Toughbuilt Industries Inc (TBLT) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Toughbuilt Industries Inc - Total Assets Trend (2014–2024)
This chart illustrates how Toughbuilt Industries Inc's total assets have evolved over time, based on quarterly financial data. Check TBLT cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Toughbuilt Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Toughbuilt Industries Inc's total assets of $51.79 Million consist of 64.7% current assets and 35.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $10.24 Million | 19.8% |
| Inventory | $21.94 Million | 42.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Toughbuilt Industries 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. For live market cap, price, and company overview, see TBLT market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Toughbuilt Industries Inc's current assets represent 64.7% of total assets in 2024, a decrease from 94.7% in 2014.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2024, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 42.4% of total assets.
Toughbuilt Industries Inc Competitors by Total Assets
Key competitors of Toughbuilt Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
RBC Bearings Incorporated
NYSE:RBC
|
USA | $5.14 Billion |
|
Shenzhen Vital New Material Co. Ltd.
SHE:301319
|
China | CN¥1.70 Billion |
|
SF Diamond
SHE:300179
|
China | CN¥2.35 Billion |
|
Asflow Co. Ltd.
KQ:159010
|
Korea | ₩118.46 Billion |
|
De Poan Pneumatic
TWO:1570
|
Taiwan | NT$1.11 Billion |
|
Maschinenfabrik HEID AG
VI:HED
|
Austria | €13.31 Million |
|
Richelieu Hardware Ltd.
TO:RCH
|
Canada | CA$1.45 Billion |
|
Technocraft Industries (India) Limited
NSE:TIIL
|
India | Rs32.49 Billion |
Toughbuilt Industries 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 | 0.56 | 0.74 | 0.98 |
| Quick Ratio | 0.19 | 0.21 | 0.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-26.62 Million | $-13.81 Million | $-155.33K |
Toughbuilt Industries Inc - Advanced Valuation Insights
This section examines the relationship between Toughbuilt Industries 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 | 0.24 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $51.79 Million |
| Market Capitalization | $2.17K USD |
Valuation Analysis
Below Book Valuation: The market values Toughbuilt Industries Inc's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Toughbuilt Industries Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Toughbuilt Industries Inc (2014–2024)
The table below shows the annual total assets of Toughbuilt Industries Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $51.79 Million | 0.00% |
| 2023-12-31 | $51.79 Million | -38.28% |
| 2022-12-31 | $83.92 Million | +6.29% |
| 2021-12-31 | $78.95 Million | +187.20% |
| 2020-12-31 | $27.49 Million | +162.58% |
| 2019-12-31 | $10.47 Million | +18.29% |
| 2018-12-31 | $8.85 Million | +268.50% |
| 2017-12-31 | $2.40 Million | -29.66% |
| 2016-12-31 | $3.41 Million | +124.06% |
| 2015-12-31 | $1.52 Million | -4.93% |
| 2014-12-31 | $1.60 Million | -- |
About Toughbuilt Industries Inc
ToughBuilt Industries, Inc. engages in design, manufacture, and distribution of home improvement and construction products for the building industry in the United States, the United Kingdom, Brazil, Canada, Europe, Mexico, and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/c… Read more