ADDvantage Technologies Group Inc
ADDvantage Technologies Group, Inc., through its subsidiaries, operates as a communications infrastructure services and equipment provider in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, com… Read more
ADDvantage Technologies Group Inc (AEYGQ) - Total Assets
Latest total assets as of September 2023: $18.54 Million USD
Based on the latest financial reports, ADDvantage Technologies Group Inc (AEYGQ) holds total assets worth $18.54 Million USD as of September 2023.
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.
ADDvantage Technologies Group Inc - Total Assets Trend (2016–2022)
This chart illustrates how ADDvantage Technologies Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ADDvantage Technologies Group Inc - Asset Composition Analysis
Current Asset Composition (September 2022)
ADDvantage Technologies Group Inc's total assets of $18.54 Million consist of 78.6% current assets and 21.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $6.79 Million | 24.9% |
| Inventory | $9.56 Million | 35.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $709.00K | 2.6% |
| Goodwill | $58.00K | 0.2% |
Asset Composition Trend (2016–2022)
This chart illustrates how ADDvantage Technologies Group 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: ADDvantage Technologies Group Inc's current assets represent 78.6% of total assets in 2022, an increase from 60.5% in 2016.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2022, up from 8.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 7.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 35.1% of total assets.
ADDvantage Technologies Group Inc Competitors by Total Assets
Key competitors of ADDvantage Technologies Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062
|
China | CN¥16.66 Billion |
|
Pineapple Resources Bhd
KLSE:0006
|
Malaysia | RM18.80 Million |
|
Telling Telecommunication Holding Co Ltd
SHE:000829
|
China | CN¥24.97 Billion |
|
Unisplendour Corp Ltd
SHE:000938
|
China | CN¥93.64 Billion |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
China | CN¥12.77 Billion |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819
|
China | CN¥4.41 Billion |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
China | CN¥3.62 Billion |
|
Artroniq Berhad
KLSE:0038
|
Malaysia | RM66.56 Million |
ADDvantage Technologies Group 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 - ADDvantage Technologies Group Inc generates 3.56x 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, ADDvantage Technologies Group Inc generates $ 1.73 in net profit.
ADDvantage Technologies Group 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 | 1.11 | 1.63 | 1.33 |
| Quick Ratio | 0.51 | 0.99 | 0.95 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.47 Million | $ 8.54 Million | $ 4.88 Million |
ADDvantage Technologies Group Inc - Advanced Valuation Insights
This section examines the relationship between ADDvantage Technologies Group 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 | 0.00 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | $27.22 Million |
| Market Capitalization | $148.54 USD |
Valuation Analysis
Below Book Valuation: The market values ADDvantage Technologies Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: ADDvantage Technologies Group Inc's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ADDvantage Technologies Group Inc (2016–2022)
The table below shows the annual total assets of ADDvantage Technologies Group Inc from 2016 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-09-30 | $27.22 Million | -0.34% |
| 2021-09-30 | $27.31 Million | -15.97% |
| 2020-09-30 | $32.50 Million | -11.74% |
| 2019-09-30 | $36.83 Million | -17.04% |
| 2018-09-30 | $44.39 Million | -20.79% |
| 2017-09-30 | $56.05 Million | +9.03% |
| 2016-09-30 | $51.40 Million | -- |