ATI Airtest Technologies Inc
ATI Airtest Technologies Inc. manufactures and sells air testing equipment and related services in Canada and the United States. The company offers refrigerant leak detection, parking garage ventilation, demand control ventilation, and other industrial equipment. It also offers wireless demand control ventilation and wireless energy monitoring equipment. In addition, the company provides enGuard,… Read more
ATI Airtest Technologies Inc (AATGF) - Total Assets
Latest total assets as of September 2024: $352.82K USD
Based on the latest financial reports, ATI Airtest Technologies Inc (AATGF) holds total assets worth $352.82K 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.
ATI Airtest Technologies Inc - Total Assets Trend (1999–2023)
This chart illustrates how ATI Airtest Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ATI Airtest Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
ATI Airtest Technologies Inc's total assets of $352.82K consist of 77.5% current assets and 22.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.2% |
| Accounts Receivable | $246.75K | 49.6% |
| Inventory | $111.47K | 22.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2023)
This chart illustrates how ATI Airtest Technologies 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: ATI Airtest Technologies Inc's current assets represent 77.5% of total assets in 2023, an increase from 34.1% in 1999.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2023, up from 0.1% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 52.0% in 1999.
- Asset Diversification: The largest asset category is accounts receivable at 49.6% of total assets.
ATI Airtest Technologies Inc Competitors by Total Assets
Key competitors of ATI Airtest Technologies 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 |
ATI Airtest Technologies 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 - ATI Airtest Technologies Inc generates 4.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ATI Airtest Technologies Inc is currently not profitable relative to its asset base.
ATI Airtest Technologies 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 | 0.06 | 0.26 | 0.09 |
| Quick Ratio | 0.03 | 0.05 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.02 Million | $ -3.36 Million | $ -4.31 Million |
ATI Airtest Technologies Inc - Advanced Valuation Insights
This section examines the relationship between ATI Airtest Technologies 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 | - |
| Latest Market Cap to Assets Ratio | 5.61 |
| Asset Growth Rate (YoY) | -70.2% |
| Total Assets | $497.28K |
| Market Capitalization | $2.79 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values ATI Airtest Technologies Inc's assets at a significant premium ( 5.61x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: ATI Airtest Technologies Inc's assets decreased by 70.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ATI Airtest Technologies Inc (1999–2023)
The table below shows the annual total assets of ATI Airtest Technologies Inc from 1999 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $497.28K | -70.20% |
| 2022-12-31 | $1.67 Million | +50.13% |
| 2021-12-31 | $1.11 Million | +80.75% |
| 2020-12-31 | $615.03K | -2.35% |
| 2019-12-31 | $629.80K | +29.12% |
| 2018-12-31 | $487.75K | +1.36% |
| 2017-12-31 | $481.18K | -37.30% |
| 2016-12-31 | $767.43K | +1.14% |
| 2015-12-31 | $758.82K | -7.76% |
| 2014-12-31 | $822.68K | +5.47% |
| 2013-12-31 | $780.04K | -2.37% |
| 2012-12-31 | $798.98K | -1.02% |
| 2011-12-31 | $807.23K | -10.20% |
| 2010-12-31 | $898.96K | +59.12% |
| 2009-12-31 | $564.94K | +16.43% |
| 2008-12-31 | $485.21K | +12.70% |
| 2007-12-31 | $430.55K | +78.79% |
| 2006-12-31 | $240.82K | -34.04% |
| 2005-12-31 | $365.07K | +22.97% |
| 2004-12-31 | $296.88K | -39.05% |
| 2003-12-31 | $487.08K | -12.89% |
| 2002-12-31 | $559.18K | -18.35% |
| 2001-12-31 | $684.84K | -19.40% |
| 2000-12-31 | $849.69K | -52.79% |
| 1999-12-31 | $1.80 Million | -- |