FluroTech Ltd
FluroTech Ltd. focuses on the commercialization of fluorescence spectroscopy technology to test for COVID-19. FluroTech Ltd. is based in Calgary, Canada.
FluroTech Ltd (FLURF) - Total Assets
Latest total assets as of September 2024: $282.20K USD
Based on the latest financial reports, FluroTech Ltd (FLURF) holds total assets worth $282.20K USD 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.
FluroTech Ltd - Total Assets Trend (2016–2023)
This chart illustrates how FluroTech Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FluroTech Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
FluroTech Ltd's total assets of $282.20K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 91.5% |
| 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 (2016–2023)
This chart illustrates how FluroTech Ltd'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: FluroTech Ltd's current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 91.5% of total assets in 2023, down from 99.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
FluroTech Ltd Competitors by Total Assets
Key competitors of FluroTech Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cheelcare Inc.
V:CHER
|
Canada | CA$4.27 Million |
|
DRGEM Corporation
KQ:263690
|
Korea | ₩119.28 Billion |
|
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 |
FluroTech Ltd - 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 - FluroTech Ltd 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 - FluroTech Ltd is currently not profitable relative to its asset base.
FluroTech Ltd - 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 | 0.70 | 0.61 | 5.95 |
| Quick Ratio | 0.70 | 0.61 | 4.79 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-119.58K | $ -179.50K | $ 2.79 Million |
FluroTech Ltd - Advanced Valuation Insights
This section examines the relationship between FluroTech Ltd'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 | 1.99 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -45.3% |
| Total Assets | $227.74K |
| Market Capitalization | $31.85K USD |
Valuation Analysis
Below Book Valuation: The market values FluroTech Ltd's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: FluroTech Ltd's assets decreased by 45.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for FluroTech Ltd (2016–2023)
The table below shows the annual total assets of FluroTech Ltd from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $227.74K | -45.30% |
| 2022-12-31 | $416.35K | -66.80% |
| 2021-12-31 | $1.25 Million | +65.58% |
| 2020-12-31 | $757.37K | -79.00% |
| 2019-12-31 | $3.61 Million | -42.01% |
| 2018-12-31 | $6.22 Million | +4073.25% |
| 2017-12-31 | $149.01K | -23.82% |
| 2016-12-31 | $195.60K | -- |