McHenry Metals Golf Corp
McHenry Metals Golf Corp. engages in the design, development, and marketing of golf clubs. The company's TourPure product line includes five drivers and six fairway woods. Left-handed versions of the driver were designed in two models and shorter shafts and smaller grips were made available for ladies clubs. The TourPure driver's proprietary Tungsten Power Ring produces launch angles and reduces … Read more
McHenry Metals Golf Corp (GLFN) - Total Assets
Latest total assets as of September 2001: $99.20K USD
Based on the latest financial reports, McHenry Metals Golf Corp (GLFN) holds total assets worth $99.20K USD as of September 2001.
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.
McHenry Metals Golf Corp - Total Assets Trend (1998–2000)
This chart illustrates how McHenry Metals Golf Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
McHenry Metals Golf Corp - Asset Composition Analysis
Current Asset Composition (December 2000)
McHenry Metals Golf Corp's total assets of $99.20K consist of 69.0% current assets and 31.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $38.10K | 8.7% |
| Inventory | $220.30K | 50.1% |
| Property, Plant & Equipment | $106.30K | 24.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2000)
This chart illustrates how McHenry Metals Golf Corp'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: McHenry Metals Golf Corp's current assets represent 69.0% of total assets in 2000, a decrease from 88.4% in 1998.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2000, down from 15.1% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 50.1% of total assets.
McHenry Metals Golf Corp Competitors by Total Assets
Key competitors of McHenry Metals Golf Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
McHenry Metals Golf Corp - 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
Strong asset utilization - McHenry Metals Golf Corp generates 3.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - McHenry Metals Golf Corp is currently not profitable relative to its asset base.
McHenry Metals Golf Corp - 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 | 0.00 | 0.17 | 0.17 |
| Quick Ratio | 0.00 | 0.05 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.93 Million | $ -1.47 Million | $ -1.47 Million |
McHenry Metals Golf Corp - Advanced Valuation Insights
This section examines the relationship between McHenry Metals Golf Corp'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) | -54.9% |
| Total Assets | $440.10K |
| Market Capitalization | $49.73 USD |
Valuation Analysis
Below Book Valuation: The market values McHenry Metals Golf Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: McHenry Metals Golf Corp's assets decreased by 54.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for McHenry Metals Golf Corp (1998–2000)
The table below shows the annual total assets of McHenry Metals Golf Corp from 1998 to 2000.
| Year | Total Assets | Change |
|---|---|---|
| 2000-12-31 | $440.10K | -54.91% |
| 1999-12-31 | $976.10K | -75.27% |
| 1998-12-31 | $3.95 Million | -- |