Technology & Telecommunication
Technology & Telecommunication Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malay… Read more
Technology & Telecommunication (TETE) - Total Assets
Latest total assets as of May 2025: $7.31 Million USD
Based on the latest financial reports, Technology & Telecommunication (TETE) holds total assets worth $7.31 Million USD as of May 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.
Technology & Telecommunication - Total Assets Trend (2021–2024)
This chart illustrates how Technology & Telecommunication’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Technology & Telecommunication - Asset Composition Analysis
Current Asset Composition (November 2024)
Technology & Telecommunication's total assets of $7.31 Million consist of 0.3% current assets and 99.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Technology & Telecommunication'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: Technology & Telecommunication's current assets represent 0.3% of total assets in 2024, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, up from 0.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Technology & Telecommunication Competitors by Total Assets
Key competitors of Technology & Telecommunication based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
USA | $239.11 Million |
|
ChampionsGate Acquisition Corp
NASDAQ:CHPGU
|
USA | $76.27 Million |
|
Atlas Resources International Inc
PINK:ALSI
|
USA | $6.96K |
|
Itokk Inc
PINK:IKTO
|
USA | $2.24 Million |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
|
Aloys Inc.
KQ:297570
|
Korea | ₩111.17 Billion |
|
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
|
Korea | ₩255.48 Billion |
Technology & Telecommunication - 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 - Technology & Telecommunication generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Technology & Telecommunication generates $ 1.94 in net profit.
Technology & Telecommunication - 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 | 0.01 | 0.01 | 18.85 |
| Quick Ratio | 0.01 | 0.01 | 18.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.63 Million | $ -4.29 Million | $ 691.30K |
Technology & Telecommunication - Advanced Valuation Insights
This section examines the relationship between Technology & Telecommunication'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 | 2.86 |
| Latest Market Cap to Assets Ratio | 1.02 |
| Asset Growth Rate (YoY) | -6.0% |
| Total Assets | $31.75 Million |
| Market Capitalization | $32.52 Million USD |
Valuation Analysis
Above Book Valuation: The market values Technology & Telecommunication's assets above their book value (1.02 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Technology & Telecommunication's assets decreased by 6.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Technology & Telecommunication (2021–2024)
The table below shows the annual total assets of Technology & Telecommunication from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $31.75 Million | -5.98% |
| 2023-11-30 | $33.77 Million | -71.52% |
| 2022-11-30 | $118.54 Million | +111738.57% |
| 2021-11-30 | $106.00K | -- |