ALR Technologies Inc.
ALR Technologies SG Ltd., a data management company, provides diabetes care management solutions for human and animal health diabetes. It offers ALRT Diabetes Solution, a diabetes care that includes a diabetes management system that collects data directly from blood glucose meters and continuous glucose monitoring devices, and Predictive A1C algorithm to track treatment success between lab report… Read more
ALR Technologies Inc. (ALRTF) - Total Assets
Latest total assets as of June 2024: $45.84K USD
Based on the latest financial reports, ALR Technologies Inc. (ALRTF) holds total assets worth $45.84K USD as of June 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.
ALR Technologies Inc. - Total Assets Trend (2018–2023)
This chart illustrates how ALR Technologies Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ALR Technologies Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
ALR Technologies Inc.'s total assets of $45.84K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 38.1% |
| Accounts Receivable | $41.10K | 26.5% |
| Inventory | $11.00K | 7.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how ALR Technologies 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ALR Technologies Inc.'s current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2018.
- Cash Position: Cash and equivalents constituted 38.1% of total assets in 2023, down from 100.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 26.5% of total assets.
ALR Technologies Inc. Competitors by Total Assets
Key competitors of ALR Technologies Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
ALR Technologies Inc. - 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 - ALR Technologies Inc. generates 0.16x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ALR Technologies Inc. is currently not profitable relative to its asset base.
ALR Technologies 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 | 0.00 | 0.03 | 0.00 |
| Quick Ratio | 0.00 | 0.03 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-34.09 Million | $ -25.84 Million | $ -23.24 Million |
ALR Technologies Inc. - Advanced Valuation Insights
This section examines the relationship between ALR Technologies 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 | - |
| Latest Market Cap to Assets Ratio | 8.89 |
| Asset Growth Rate (YoY) | -58.9% |
| Total Assets | $155.20K |
| Market Capitalization | $1.38 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ALR Technologies Inc.'s assets at a significant premium ( 8.89x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: ALR Technologies Inc.'s assets decreased by 58.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ALR Technologies Inc. (2018–2023)
The table below shows the annual total assets of ALR Technologies Inc. from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $155.20K | -58.86% |
| 2022-12-31 | $377.29K | +95.27% |
| 2021-12-31 | $193.22K | +49.96% |
| 2020-12-31 | $128.85K | +6910.28% |
| 2019-12-31 | $1.84K | -45.59% |
| 2018-12-31 | $3.38K | -- |