Tel-Instrument Electronics Corp
Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial. The company provides instruments to test, measu… Read more
Tel-Instrument Electronics Corp (TIKK) - Total Assets
Latest total assets as of December 2024: $9.59 Million USD
Based on the latest financial reports, Tel-Instrument Electronics Corp (TIKK) holds total assets worth $9.59 Million USD as of December 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.
Tel-Instrument Electronics Corp - Total Assets Trend (2014–2024)
This chart illustrates how Tel-Instrument Electronics Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tel-Instrument Electronics Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Tel-Instrument Electronics Corp's total assets of $9.59 Million consist of 63.9% current assets and 36.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $1.11 Million | 10.3% |
| Inventory | $5.41 Million | 50.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Tel-Instrument Electronics Corp'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: Tel-Instrument Electronics Corp's current assets represent 63.9% of total assets in 2024, a decrease from 73.5% in 2014.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2024, down from 2.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 50.3% of total assets.
Tel-Instrument Electronics Corp Competitors by Total Assets
Key competitors of Tel-Instrument Electronics Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
Tel-Instrument Electronics Corp - 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 - Tel-Instrument Electronics Corp generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Tel-Instrument Electronics Corp generates $ 3.18 in net profit.
Tel-Instrument Electronics Corp - 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 | 1.93 | 2.66 | 1.22 |
| Quick Ratio | 0.53 | 0.73 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.66 Million | $ 3.72 Million | $ 1.78 Million |
Tel-Instrument Electronics Corp - Advanced Valuation Insights
This section examines the relationship between Tel-Instrument Electronics Corp'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 | 13.02 |
| Latest Market Cap to Assets Ratio | 0.39 |
| Asset Growth Rate (YoY) | -30.3% |
| Total Assets | $10.75 Million |
| Market Capitalization | $4.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tel-Instrument Electronics Corp's assets below their book value (0.39 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tel-Instrument Electronics Corp's assets decreased by 30.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tel-Instrument Electronics Corp (2014–2024)
The table below shows the annual total assets of Tel-Instrument Electronics Corp from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $10.75 Million | -30.32% |
| 2023-03-31 | $15.43 Million | -0.10% |
| 2022-03-31 | $15.45 Million | -3.25% |
| 2021-03-31 | $15.96 Million | +19.67% |
| 2020-03-31 | $13.34 Million | +60.15% |
| 2019-03-31 | $8.33 Million | +2.83% |
| 2018-03-31 | $8.10 Million | +25.87% |
| 2017-03-31 | $6.44 Million | -36.33% |
| 2016-03-31 | $10.11 Million | +2.27% |
| 2015-03-31 | $9.88 Million | -7.06% |
| 2014-03-31 | $10.63 Million | -- |