American Commerce Solutions Inc
American Commerce Solutions, Inc., through its subsidiary, Best Way Auto & Truck Rental, Inc., engages in the automobile and truck sales and rental business in the United States. It focuses on college and university locations with a rewards program geared to sales and financing of automobiles to first time car buyers. The company was formerly known as JD American Workwear, Inc. and changed its na… Read more
American Commerce Solutions Inc (AACS) - Total Assets
Latest total assets as of February 2016: $4.76 Million USD
Based on the latest financial reports, American Commerce Solutions Inc (AACS) holds total assets worth $4.76 Million USD as of February 2016.
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.
American Commerce Solutions Inc - Total Assets Trend (1996–2016)
This chart illustrates how American Commerce Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
American Commerce Solutions Inc - Asset Composition Analysis
Current Asset Composition (February 2016)
American Commerce Solutions Inc's total assets of $4.76 Million consist of 48.6% current assets and 51.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.8% |
| Accounts Receivable | $2.08 Million | 43.6% |
| Inventory | $191.15K | 4.0% |
| Property, Plant & Equipment | $2.38 Million | 50.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2016)
This chart illustrates how American Commerce Solutions 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: American Commerce Solutions Inc's current assets represent 48.6% of total assets in 2016, a decrease from 90.0% in 1996.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2016, down from 59.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 50.0% of total assets.
American Commerce Solutions Inc Competitors by Total Assets
Key competitors of American Commerce Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
USA | $165.80 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
China | CN¥2.14 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
American Commerce Solutions 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
Moderate asset utilization - American Commerce Solutions Inc generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - American Commerce Solutions Inc is currently not profitable relative to its asset base.
American Commerce Solutions 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 | 2.02 | 3.18 | 0.71 |
| Quick Ratio | 1.85 | 2.77 | 0.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.17 Million | $ 1.55 Million | $ -808.23K |
American Commerce Solutions Inc - Advanced Valuation Insights
This section examines the relationship between American Commerce Solutions 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 | 1.73 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -1.7% |
| Total Assets | $4.76 Million |
| Market Capitalization | $38.47K USD |
Valuation Analysis
Below Book Valuation: The market values American Commerce Solutions Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: American Commerce Solutions Inc's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for American Commerce Solutions Inc (1996–2016)
The table below shows the annual total assets of American Commerce Solutions Inc from 1996 to 2016.
| Year | Total Assets | Change |
|---|---|---|
| 2016-02-29 | $4.76 Million | -1.73% |
| 2015-02-28 | $4.84 Million | -0.28% |
| 2014-02-28 | $4.86 Million | -2.78% |
| 2013-02-28 | $5.00 Million | -0.90% |
| 2012-02-29 | $5.04 Million | -0.72% |
| 2011-02-28 | $5.08 Million | -1.25% |
| 2010-02-28 | $5.14 Million | +9.55% |
| 2009-02-28 | $4.69 Million | -8.38% |
| 2008-02-29 | $5.12 Million | -5.72% |
| 2007-02-28 | $5.43 Million | -9.67% |
| 2006-02-28 | $6.01 Million | -4.96% |
| 2005-02-28 | $6.33 Million | -0.92% |
| 2004-02-29 | $6.39 Million | +5.22% |
| 2003-02-28 | $6.07 Million | -6.32% |
| 2002-02-28 | $6.48 Million | -15.01% |
| 2001-02-28 | $7.62 Million | +513.59% |
| 2000-02-29 | $1.24 Million | -56.93% |
| 1999-02-28 | $2.89 Million | +55.42% |
| 1998-02-28 | $1.86 Million | +46.22% |
| 1997-02-28 | $1.27 Million | -38.46% |
| 1996-02-29 | $2.06 Million | -- |