Advanced Container Technologies Inc
Advanced Container Technologies, Inc. engages in designing, branding, and selling plastic medical grade containers. It markets and sells GrowPods, a specially modified insulated shipping containers in which plants, herbs, and spices grown hydroponically in a controlled environment; and the Medtainer that is used to store pharmaceuticals, herbs, teas, and other solids or liquids, and can grind sol… Read more
Advanced Container Technologies Inc (ACTX) - Total Assets
Latest total assets as of September 2022: $4.62 Million USD
Based on the latest financial reports, Advanced Container Technologies Inc (ACTX) holds total assets worth $4.62 Million USD as of September 2022.
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.
Advanced Container Technologies Inc - Total Assets Trend (2000–2021)
This chart illustrates how Advanced Container Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Advanced Container Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Advanced Container Technologies Inc's total assets of $4.62 Million consist of 25.5% current assets and 74.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $229.94K | 5.7% |
| Inventory | $438.33K | 10.9% |
| Property, Plant & Equipment | $47.72K | 1.2% |
| Intangible Assets | $1.92 Million | 47.8% |
| Goodwill | $1.02 Million | 25.4% |
Asset Composition Trend (2000–2021)
This chart illustrates how Advanced Container 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: Advanced Container Technologies Inc's current assets represent 25.5% of total assets in 2021, an increase from 1.7% in 2000.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2021, down from 1.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 72.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 47.8% of total assets.
Advanced Container Technologies Inc Competitors by Total Assets
Key competitors of Advanced Container Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAMRYOONG Co.Ltd
KQ:014970
|
Korea | ₩96.42 Billion |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
China | CN¥1.97 Billion |
|
Shin Hwa Silup
KO:001770
|
Korea | ₩84.01 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
China | CN¥4.17 Billion |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
China | CN¥8.43 Billion |
|
Export Packing
KO:002200
|
Korea | ₩347.30 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
China | CN¥16.63 Billion |
Advanced Container 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 - Advanced Container Technologies Inc generates 1.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Advanced Container Technologies Inc is currently not profitable relative to its asset base.
Advanced Container 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 | 0.47 | 0.61 | 0.14 |
| Quick Ratio | 0.32 | 0.43 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.59 Million | $ -801.91K | $ -1.56 Million |
Advanced Container Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Advanced Container 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -7.0% |
| Total Assets | $4.02 Million |
| Market Capitalization | $670.31 USD |
Valuation Analysis
Below Book Valuation: The market values Advanced Container Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Advanced Container Technologies Inc's assets decreased by 7.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Advanced Container Technologies Inc (2000–2021)
The table below shows the annual total assets of Advanced Container Technologies Inc from 2000 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $4.02 Million | -6.97% |
| 2020-12-31 | $4.33 Million | +60.83% |
| 2019-12-31 | $2.69 Million | -5.12% |
| 2018-12-31 | $2.84 Million | +598.62% |
| 2017-12-31 | $405.81K | -10.80% |
| 2016-12-31 | $454.92K | +20.61% |
| 2015-12-31 | $377.20K | -14.42% |
| 2014-12-31 | $440.73K | +883.35% |
| 2013-12-31 | $44.82K | -99.06% |
| 2000-12-31 | $4.76 Million | -- |