Scientific Industries Inc
Scientific Industries, Inc. engages in the design, manufacture, and marketing of standard benchtop laboratory equipment, weight and measurement, and bioprocessing products in the United States, Germany, and internationally. The company offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; various mi… Read more
Scientific Industries Inc (SCND) - Total Assets
Latest total assets as of September 2025: $14.56 Million USD
Based on the latest financial reports, Scientific Industries Inc (SCND) holds total assets worth $14.56 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.
Scientific Industries Inc - Total Assets Trend (1999–2024)
This chart illustrates how Scientific Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Scientific Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Scientific Industries Inc's total assets of $14.56 Million consist of 71.7% current assets and 28.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.1% |
| Accounts Receivable | $1.20 Million | 10.4% |
| Inventory | $4.09 Million | 35.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $752.30K | 6.5% |
| Goodwill | $115.30K | 1.0% |
Asset Composition Trend (1999–2024)
This chart illustrates how Scientific Industries 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: Scientific Industries Inc's current assets represent 71.7% of total assets in 2024, an increase from 0.0% in 1999.
- Cash Position: Cash and equivalents constituted 5.1% of total assets in 2024, down from 23.3% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 1.0% in 1999.
- Asset Diversification: The largest asset category is inventory at 35.3% of total assets.
Scientific Industries Inc Competitors by Total Assets
Key competitors of Scientific Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Scientific Industries 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
Strong asset utilization - Scientific Industries Inc generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Scientific Industries Inc is currently not profitable relative to its asset base.
Scientific Industries 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 | 7.65 | 5.99 | 5.73 |
| Quick Ratio | 6.34 | 3.02 | 4.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.34 Million | $ 8.04 Million | $ 9.87 Million |
Scientific Industries Inc - Advanced Valuation Insights
This section examines the relationship between Scientific Industries 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 | 0.71 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | -30.9% |
| Total Assets | $11.56 Million |
| Market Capitalization | $2.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Scientific Industries Inc's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Scientific Industries Inc's assets decreased by 30.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Scientific Industries Inc (1999–2024)
The table below shows the annual total assets of Scientific Industries Inc from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.56 Million | -30.90% |
| 2023-12-31 | $16.73 Million | -42.37% |
| 2021-12-31 | $29.03 Million | +0.09% |
| 2020-12-31 | $29.01 Million | +96.02% |
| 2019-12-31 | $14.80 Million | +78.80% |
| 2018-12-31 | $8.28 Million | +12.98% |
| 2017-12-31 | $7.33 Million | +7.29% |
| 2016-12-31 | $6.83 Million | -9.56% |
| 2015-12-31 | $7.55 Million | +5.71% |
| 2014-12-31 | $7.14 Million | +0.41% |
| 2013-12-31 | $7.11 Million | +15.59% |
| 2012-12-31 | $6.15 Million | +6.60% |
| 2011-12-31 | $5.77 Million | +15.14% |
| 2010-12-31 | $5.01 Million | -2.94% |
| 2009-12-31 | $5.17 Million | +6.91% |
| 2008-12-31 | $4.83 Million | +1.13% |
| 2007-12-31 | $4.78 Million | +15.47% |
| 2006-12-31 | $4.14 Million | +39.25% |
| 2005-12-31 | $2.97 Million | +6.87% |
| 2004-12-31 | $2.78 Million | +12.51% |
| 2003-12-31 | $2.47 Million | +11.51% |
| 2002-12-31 | $2.22 Million | -1.03% |
| 2001-12-31 | $2.24 Million | +6.87% |
| 2000-12-31 | $2.10 Million | +23.96% |
| 1999-12-31 | $1.69 Million | -- |