Spentex Industries Limited
CLC Industries Limited, a textile company, engages in the manufacture and trading of synthetic and cotton yarns in India. The company was formerly known as Spentex Industries Limited and changed its name to CLC Industries Limited in July 2018. CLC Industries Limited was incorporated in 1991 and is based in New Delhi, India.
Spentex Industries Limited (SPENTEX) - Total Assets
Latest total assets as of September 2024: ₹645.03 Million INR
Based on the latest financial reports, Spentex Industries Limited (SPENTEX) holds total assets worth ₹645.03 Million INR 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.
Spentex Industries Limited - Total Assets Trend (2007–2024)
This chart illustrates how Spentex Industries Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Spentex Industries Limited - Asset Composition Analysis
Current Asset Composition (March 2024)
Spentex Industries Limited's total assets of ₹645.03 Million consist of 48.0% current assets and 52.0% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 6.1% |
| Accounts Receivable | ₹10.07 Million | 1.1% |
| 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 (2007–2024)
This chart illustrates how Spentex Industries 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: Spentex Industries Limited's current assets represent 48.0% of total assets in 2024, an increase from 33.5% in 2007.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, up from 1.7% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 1.1% of total assets.
Spentex Industries Limited Competitors by Total Assets
Key competitors of Spentex Industries Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
China | CN¥5.28 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Lu Thai Textile Co Ltd
SHE:000726
|
China | CN¥14.17 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
Spentex Industries 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 - Spentex Industries Limited generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Spentex Industries Limited is currently not profitable relative to its asset base.
Spentex Industries 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 | 0.92 | 0.13 | 0.07 |
| Quick Ratio | 0.60 | 0.13 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹-16.14 Million | ₹ -5.60 Billion | ₹ -10.38 Billion |
Spentex Industries Limited - Advanced Valuation Insights
This section examines the relationship between Spentex Industries 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -52.8% |
| Total Assets | ₹957.48 Million |
| Market Capitalization | $2.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Spentex Industries Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Spentex Industries Limited's assets decreased by 52.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Spentex Industries Limited (2007–2024)
The table below shows the annual total assets of Spentex Industries Limited from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | ₹957.48 Million | -52.85% |
| 2023-03-31 | ₹2.03 Billion | -4.20% |
| 2022-03-31 | ₹2.12 Billion | -13.18% |
| 2019-03-31 | ₹2.44 Billion | -8.07% |
| 2018-03-31 | ₹2.66 Billion | -36.74% |
| 2017-03-31 | ₹4.20 Billion | -43.35% |
| 2016-03-31 | ₹7.41 Billion | -2.12% |
| 2015-03-31 | ₹7.57 Billion | -5.50% |
| 2014-03-31 | ₹8.01 Billion | -28.43% |
| 2013-03-31 | ₹11.19 Billion | -2.15% |
| 2012-03-31 | ₹11.44 Billion | -30.16% |
| 2011-03-31 | ₹16.38 Billion | +0.85% |
| 2010-03-31 | ₹16.24 Billion | -1.02% |
| 2009-03-31 | ₹16.41 Billion | +0.96% |
| 2008-03-31 | ₹16.25 Billion | +23.63% |
| 2007-03-31 | ₹13.15 Billion | -- |