Affiliated Resources Corp

PINK:AFFL USA Shell Companies
Market Cap
$3.73 Million
Market Cap Rank
#48903 Global
#15001 in USA
Share Price
$0.05
Change (1 day)
-16.67%
52-Week Range
$0.05 - $0.07
All Time High
$0.12
About

Affiliated Resources Corporation, through ChemWay Systems, Inc., produces aftermarket automotive fluids, including automotive care and performance products, refrigerants, lubricants and solvents. The company intends to focus on the acquisition of those companies whose product or service is technically innovative and market-proven, but whose market penetration can be significantly expanded through… Read more

Affiliated Resources Corp (AFFL) - Total Assets

Latest total assets as of September 2000: $166.69K USD

Based on the latest financial reports, Affiliated Resources Corp (AFFL) holds total assets worth $166.69K USD as of September 2000.

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.

Affiliated Resources Corp - Total Assets Trend (1996–1999)

This chart illustrates how Affiliated Resources Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Affiliated Resources Corp - Asset Composition Analysis

Current Asset Composition (December 1999)

Affiliated Resources Corp's total assets of $166.69K consist of 8.6% current assets and 91.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 0.1%
Accounts Receivable $6.90K 0.1%
Inventory $606.10K 8.3%
Property, Plant & Equipment $3.45 Million 47.0%
Intangible Assets $3.26 Million 44.4%
Goodwill $3.26 Million 44.4%

Asset Composition Trend (1996–1999)

This chart illustrates how Affiliated Resources Corp'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: Affiliated Resources Corp's current assets represent 8.6% of total assets in 1999, a decrease from 42.2% in 1996.
  • Cash Position: Cash and equivalents constituted 0.1% of total assets in 1999, down from 0.6% in 1996.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 88.0% of total assets, an increase from 0.0% in 1996.
  • Asset Diversification: The largest asset category is property, plant & equipment at 47.0% of total assets.

Affiliated Resources Corp Competitors by Total Assets

Key competitors of Affiliated Resources Corp based on total assets are shown below.

Affiliated Resources Corp - 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

Historical Range: 0.00 - 0.07

Lower asset utilization - Affiliated Resources Corp generates 0.07x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -8025.31% - -20.77%

Negative ROA - Affiliated Resources Corp is currently not profitable relative to its asset base.

Affiliated Resources Corp - 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 0.00 0.26 0.26
Quick Ratio 0.00 0.01 0.01
Cash Ratio 0.00 0.00 0.00
Working Capital $-1.50 Million $ -1.77 Million $ -1.77 Million

Affiliated Resources Corp - Advanced Valuation Insights

This section examines the relationship between Affiliated Resources Corp'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) -10.7%
Total Assets $7.35 Million
Market Capitalization $496.15 USD

Valuation Analysis

Below Book Valuation: The market values Affiliated Resources Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Affiliated Resources Corp's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Affiliated Resources Corp (1996–1999)

The table below shows the annual total assets of Affiliated Resources Corp from 1996 to 1999.

Year Total Assets Change
1999-12-31 $7.35 Million -10.68%
1998-12-31 $8.23 Million +34147.01%
1997-12-31 $24.02K -86.24%
1996-12-31 $174.63K --