Ability Inc
Ability Inc. provides systems for off-air cellular and satellite interception, and geolocation worldwide. The company engages in the interception of cellular and satellite communication networks for intelligence gathering or law enforcement activities for use by the governments, armed forces, law enforcement agencies, state internal security agencies and other security bodies. It also provides ta… Read more
Ability Inc (ABILF) - Total Assets
Latest total assets as of December 2021: $14.51 Million USD
Based on the latest financial reports, Ability Inc (ABILF) holds total assets worth $14.51 Million USD as of December 2021.
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.
Ability Inc - Total Assets Trend (2013–2021)
This chart illustrates how Ability Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ability Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Ability Inc's total assets of $14.51 Million consist of 98.2% current assets and 1.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.8% |
| Accounts Receivable | $98.00K | 0.7% |
| Inventory | $12.54 Million | 86.4% |
| Property, Plant & Equipment | $167.00K | 1.2% |
| Intangible Assets | $14.00K | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2013–2021)
This chart illustrates how Ability 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: Ability Inc's current assets represent 98.2% of total assets in 2021, an increase from 1.2% in 2013.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2021, up from 1.0% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 86.4% of total assets.
Ability Inc Competitors by Total Assets
Key competitors of Ability Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Ability 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 - Ability Inc generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ability Inc is currently not profitable relative to its asset base.
Ability 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 | 0.46 | 0.57 | 1.26 |
| Quick Ratio | 0.06 | 0.02 | 1.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-16.75 Million | $ -9.97 Million | $ 5.31 Million |
Ability Inc - Advanced Valuation Insights
This section examines the relationship between Ability 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 | 0.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.0% |
| Total Assets | $14.51 Million |
| Market Capitalization | $544.32 USD |
Valuation Analysis
Below Book Valuation: The market values Ability Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Ability Inc's assets grew by 5.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Ability Inc (2013–2021)
The table below shows the annual total assets of Ability Inc from 2013 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $14.51 Million | +5.03% |
| 2020-12-31 | $13.82 Million | -19.73% |
| 2019-12-31 | $17.21 Million | -32.15% |
| 2018-12-31 | $25.37 Million | +26.79% |
| 2017-12-31 | $20.01 Million | -37.14% |
| 2016-12-31 | $31.84 Million | -31.67% |
| 2015-12-31 | $46.59 Million | +222.30% |
| 2014-12-31 | $14.46 Million | -79.86% |
| 2013-12-31 | $71.76 Million | -- |