Maritime Launch Services Inc.

OTCQB:MAXQF USA Aerospace & Defense
Market Cap
$17.25 Million
Market Cap Rank
#29351 Global
#9734 in USA
Share Price
$0.02
Change (1 day)
-27.90%
52-Week Range
$0.02 - $0.03
All Time High
$0.35
About

Maritime Launch Services Inc., through its subsidiary, engages in the construction and operation of commercial spaceport for launching satellites through small and medium sized launch vehicles into low earth orbit. The company is headquartered in Toronto, Canada.

Maritime Launch Services Inc. (MAXQF) - Total Assets

Latest total assets as of September 2025: $13.98 Million USD

Based on the latest financial reports, Maritime Launch Services Inc. (MAXQF) holds total assets worth $13.98 Million USD as of September 2025.

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.

Maritime Launch Services Inc. - Total Assets Trend (2019–2024)

This chart illustrates how Maritime Launch Services Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Maritime Launch Services Inc. - Asset Composition Analysis

Current Asset Composition (December 2024)

Maritime Launch Services Inc.'s total assets of $13.98 Million consist of 1.4% current assets and 98.6% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.5%
Accounts Receivable $17.22K 0.1%
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 (2019–2024)

This chart illustrates how Maritime Launch Services 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: Maritime Launch Services Inc.'s current assets represent 1.4% of total assets in 2024, a decrease from 100.0% in 2019.
  • Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, down from 2.1% in 2019.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
  • Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.

Maritime Launch Services Inc. Competitors by Total Assets

Key competitors of Maritime Launch Services Inc. based on total assets are shown below.

Maritime Launch Services 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

Historical Range: 0.00 - 0.00

Lower asset utilization - Maritime Launch Services Inc. generates 0.00x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -3333.87% - -30.54%

Negative ROA - Maritime Launch Services Inc. is currently not profitable relative to its asset base.

Maritime Launch Services 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 0.01 0.02 0.01
Quick Ratio 0.01 0.02 0.01
Cash Ratio 0.00 0.00 0.00
Working Capital $-20.01 Million $ -13.74 Million $ -2.16 Million

Maritime Launch Services Inc. - Advanced Valuation Insights

This section examines the relationship between Maritime Launch Services 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 130.16
Latest Market Cap to Assets Ratio 0.59
Asset Growth Rate (YoY) -2.1%
Total Assets $14.11 Million
Market Capitalization $8.29 Million USD

Valuation Analysis

Below Book Valuation: The market values Maritime Launch Services Inc.'s assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Maritime Launch Services Inc.'s assets decreased by 2.1% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Maritime Launch Services Inc. (2019–2024)

The table below shows the annual total assets of Maritime Launch Services Inc. from 2019 to 2024.

Year Total Assets Change
2024-12-31 $14.11 Million -2.12%
2023-12-31 $14.41 Million +23.92%
2022-12-31 $11.63 Million -2.03%
2021-12-31 $11.87 Million +70097.13%
2020-12-31 $16.91K -25.70%
2019-12-31 $22.76K --