Renewable Innovations Inc.
Renewable Innovations, Inc., a hydrogen and fuel cell solutions provider, focuses on designing, optimizing, developing, and producing modular, scalable, and zero-carbon green renewable solutions in the United States and internationally. The company provides mobile and transportable HFC-powered EV rapid charge systems; hydrogen transport and refueling vehicles; and greenhouse grids to power commun… Read more
Renewable Innovations Inc. (REII) - Total Assets
Latest total assets as of February 2023: $8.85 Million USD
Based on the latest financial reports, Renewable Innovations Inc. (REII) holds total assets worth $8.85 Million USD as of February 2023.
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.
Renewable Innovations Inc. - Total Assets Trend (2020–2022)
This chart illustrates how Renewable Innovations Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Renewable Innovations Inc. - Asset Composition Analysis
Current Asset Composition (November 2022)
Renewable Innovations Inc.'s total assets of $8.85 Million consist of 27.9% current assets and 72.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.3% |
| Accounts Receivable | $74.17K | 0.8% |
| Inventory | $510.32K | 5.4% |
| Property, Plant & Equipment | $6.80 Million | 71.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Renewable Innovations 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: Renewable Innovations Inc.'s current assets represent 27.9% of total assets in 2022, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 13.3% of total assets in 2022, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 71.7% of total assets.
Renewable Innovations Inc. Competitors by Total Assets
Key competitors of Renewable Innovations Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
Renewable Innovations 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 - Renewable Innovations 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
Negative ROA - Renewable Innovations Inc. is currently not profitable relative to its asset base.
Renewable Innovations 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 | 0.52 | 0.76 | 0.12 |
| Quick Ratio | 0.39 | 0.76 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.04 Million | $ -26.59K | $ -148.03K |
Renewable Innovations Inc. - Advanced Valuation Insights
This section examines the relationship between Renewable Innovations 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 48262.3% |
| Total Assets | $9.49 Million |
| Market Capitalization | $575.46 USD |
Valuation Analysis
Below Book Valuation: The market values Renewable Innovations Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Renewable Innovations Inc.'s assets grew by 48262.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Renewable Innovations Inc. (2020–2022)
The table below shows the annual total assets of Renewable Innovations Inc. from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-11-30 | $9.49 Million | +48262.31% |
| 2021-11-30 | $19.62K | +375.80% |
| 2020-11-30 | $4.12K | -- |