Reflect Scientific Inc
Reflect Scientific, Inc., through its subsidiaries, engages in the design, development, and sale of scientific equipment for the life science and manufacturing industries worldwide. The company offers Cryometrix ultra-low temperature and blast freezers, which are used to store various products, including blood and cancer vaccines. It also provides laboratory consumables and disposables, such as f… Read more
Reflect Scientific Inc (RSCF) - Total Assets
Latest total assets as of September 2024: $2.34 Million USD
Based on the latest financial reports, Reflect Scientific Inc (RSCF) holds total assets worth $2.34 Million 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.
Reflect Scientific Inc - Total Assets Trend (2006–2023)
This chart illustrates how Reflect Scientific Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reflect Scientific Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Reflect Scientific Inc's total assets of $2.34 Million consist of 88.8% current assets and 11.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 47.9% |
| Accounts Receivable | $108.19K | 4.1% |
| Inventory | $972.29K | 36.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $60.00K | 2.3% |
Asset Composition Trend (2006–2023)
This chart illustrates how Reflect Scientific 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: Reflect Scientific Inc's current assets represent 88.8% of total assets in 2023, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 47.9% of total assets in 2023, up from 4.3% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 74.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 36.4% of total assets.
Reflect Scientific Inc Competitors by Total Assets
Key competitors of Reflect Scientific Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
OJsys Inc
PINK:OJSY
|
USA | $8.03 Million |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
Reflect Scientific 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 - Reflect Scientific Inc generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Reflect Scientific Inc is currently not profitable relative to its asset base.
Reflect Scientific 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 | 15.03 | 5.50 | 2.25 |
| Quick Ratio | 9.46 | 3.38 | 1.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.95 Million | $ 1.96 Million | $ 379.36K |
Reflect Scientific Inc - Advanced Valuation Insights
This section examines the relationship between Reflect Scientific 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 | 1.77 |
| Latest Market Cap to Assets Ratio | 0.65 |
| Asset Growth Rate (YoY) | 9.1% |
| Total Assets | $2.67 Million |
| Market Capitalization | $1.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Reflect Scientific Inc's assets below their book value (0.65 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Reflect Scientific Inc's assets grew by 9.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Reflect Scientific Inc (2006–2023)
The table below shows the annual total assets of Reflect Scientific Inc from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.67 Million | +9.10% |
| 2022-12-31 | $2.45 Million | -1.32% |
| 2021-12-31 | $2.48 Million | +47.87% |
| 2020-12-31 | $1.68 Million | +55.40% |
| 2019-12-31 | $1.08 Million | +82.02% |
| 2018-12-31 | $592.67K | +2.21% |
| 2017-12-31 | $579.85K | -8.04% |
| 2016-12-31 | $630.55K | -10.73% |
| 2015-12-31 | $706.37K | -16.25% |
| 2014-12-31 | $843.42K | -1.67% |
| 2013-12-31 | $857.75K | -35.17% |
| 2012-12-31 | $1.32 Million | -67.93% |
| 2011-12-31 | $4.12 Million | -9.28% |
| 2010-12-31 | $4.55 Million | -26.10% |
| 2009-12-31 | $6.15 Million | -33.37% |
| 2008-12-31 | $9.23 Million | -5.94% |
| 2007-12-31 | $9.82 Million | +54.81% |
| 2006-12-31 | $6.34 Million | -- |