Affinity Networks Inc
Affinity Networks, Inc. engages in the development and implementation of electronic solutions. The company's services include systems integration and development, broadband wireless networking, Internet/intranet and database software, emergency preparedness planning, network security and management, Internet portal development, communication network engineering, critical infrastructure mapping, s… Read more
Affinity Networks Inc (AFFN) - Total Assets
Latest total assets as of September 2005: $460.38K USD
Based on the latest financial reports, Affinity Networks Inc (AFFN) holds total assets worth $460.38K USD as of September 2005.
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.
Affinity Networks Inc - Total Assets Trend (2003–2004)
This chart illustrates how Affinity Networks Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Affinity Networks Inc - Asset Composition Analysis
Current Asset Composition (December 2004)
Affinity Networks Inc's total assets of $460.38K consist of 7.6% current assets and 92.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $141.01K | 36.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $219.26K | 56.2% |
Asset Composition Trend (2003–2004)
This chart illustrates how Affinity Networks 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: Affinity Networks Inc's current assets represent 7.6% of total assets in 2004, a decrease from 23.9% in 2003.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2004, down from 16.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 56.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is goodwill at 56.2% of total assets.
Affinity Networks Inc Competitors by Total Assets
Key competitors of Affinity Networks Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Affinity Networks 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 - Affinity Networks Inc generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Affinity Networks Inc is currently not profitable relative to its asset base.
Affinity Networks 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 | 0.16 | 0.18 | 0.18 |
| Quick Ratio | 0.16 | 0.18 | 0.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-410.65K | $ -370.66K | $ -370.66K |
Affinity Networks Inc - Advanced Valuation Insights
This section examines the relationship between Affinity Networks 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) | 93.7% |
| Total Assets | $389.85K |
| Market Capitalization | $0.97 USD |
Valuation Analysis
Below Book Valuation: The market values Affinity Networks Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Affinity Networks Inc's assets grew by 93.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Affinity Networks Inc (2003–2004)
The table below shows the annual total assets of Affinity Networks Inc from 2003 to 2004.
| Year | Total Assets | Change |
|---|---|---|
| 2004-12-31 | $389.85K | +93.70% |
| 2003-12-31 | $201.27K | -- |