SecUR Credentials Limited
SecUR Credentials Limited, a background verification company, provides background screening and due diligence services in India. It offers EduCred platform that enables educational institutions to service requests for record verification; and managed services. The company also provides loan verification services; and IT services, such as software development support, product development, and proc… Read more
SecUR Credentials Limited (SECURCRED) - Total Assets
Latest total assets as of September 2023: ₹925.66 Million INR
Based on the latest financial reports, SecUR Credentials Limited (SECURCRED) holds total assets worth ₹925.66 Million INR as of September 2023.
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.
SecUR Credentials Limited - Total Assets Trend (2013–2024)
This chart illustrates how SecUR Credentials Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SecUR Credentials Limited - Asset Composition Analysis
Current Asset Composition (March 2024)
SecUR Credentials Limited's total assets of ₹925.66 Million consist of 78.6% current assets and 21.4% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 1.0% |
| Accounts Receivable | ₹332.24 Million | 42.1% |
| Inventory | ₹137.15 Million | 17.4% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹76.99 Million | 9.8% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how SecUR Credentials Limited'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: SecUR Credentials Limited's current assets represent 78.6% of total assets in 2024, a decrease from 94.2% in 2013.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 6.7% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 42.1% of total assets.
SecUR Credentials Limited Competitors by Total Assets
Key competitors of SecUR Credentials Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
SecUR Credentials Limited - 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 - SecUR Credentials Limited generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SecUR Credentials Limited is currently not profitable relative to its asset base.
SecUR Credentials Limited - 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 | 3.18 | 1.66 | 2.50 |
| Quick Ratio | 2.55 | 1.66 | 2.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹493.92 Million | ₹ 292.16 Million | ₹ 214.08 Million |
SecUR Credentials Limited - Advanced Valuation Insights
This section examines the relationship between SecUR Credentials Limited'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 | 0.13 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -14.9% |
| Total Assets | ₹789.87 Million |
| Market Capitalization | $306.45K USD |
Valuation Analysis
Below Book Valuation: The market values SecUR Credentials Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SecUR Credentials Limited's assets decreased by 14.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SecUR Credentials Limited (2013–2024)
The table below shows the annual total assets of SecUR Credentials Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | ₹789.87 Million | -14.92% |
| 2023-03-31 | ₹928.39 Million | -5.50% |
| 2022-03-31 | ₹982.40 Million | +16.72% |
| 2021-03-31 | ₹841.68 Million | -8.88% |
| 2020-03-31 | ₹923.75 Million | +3.98% |
| 2019-03-31 | ₹888.35 Million | +83.96% |
| 2018-03-31 | ₹482.90 Million | +474.23% |
| 2017-03-31 | ₹84.10 Million | +981.34% |
| 2016-03-31 | ₹7.78 Million | -18.39% |
| 2015-03-31 | ₹9.53 Million | +7.98% |
| 2014-03-31 | ₹8.83 Million | +9.29% |
| 2013-03-31 | ₹8.08 Million | -- |