Astra Veda Corporation
Astra Veda Corporation focuses on inventing, accelerating, and promoting technical innovations, software applications, data security products, and encrypted communication services. It provides various development tools and delivery platforms, including its proprietary practices for partners enhancing and securing existing business platforms. The company was formerly known as WorldFlix, Inc. The c… Read more
Astra Veda Corporation (ASTA) - Total Assets
Latest total assets as of March 2024: $970.35K USD
Based on the latest financial reports, Astra Veda Corporation (ASTA) holds total assets worth $970.35K USD as of March 2024.
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.
Astra Veda Corporation - Total Assets Trend (2016–2023)
This chart illustrates how Astra Veda Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Astra Veda Corporation - Asset Composition Analysis
Current Asset Composition (December 2023)
Astra Veda Corporation's total assets of $970.35K consist of 40.3% current assets and 59.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $654.95K | 32.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2023)
This chart illustrates how Astra Veda Corporation'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: Astra Veda Corporation's current assets represent 40.3% of total assets in 2023, a decrease from 77.5% in 2016.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2023, down from 12.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 32.6% of total assets.
Astra Veda Corporation Competitors by Total Assets
Key competitors of Astra Veda Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Glidelogic Corp.
PINK:GDLG
|
USA | $4.87K |
|
Mojo Data Solutions Inc
PINK:MJDS
|
USA | $1.66K |
|
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 |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
Astra Veda Corporation - 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 - Astra Veda Corporation generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Astra Veda Corporation is currently not profitable relative to its asset base.
Astra Veda Corporation - 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 | 0.31 | 0.80 | 0.03 |
| Quick Ratio | 0.31 | 0.80 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.71 Million | $ -215.39K | $ -862.84K |
Astra Veda Corporation - Advanced Valuation Insights
This section examines the relationship between Astra Veda Corporation'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) | 403.9% |
| Total Assets | $2.01 Million |
| Market Capitalization | $2.76 USD |
Valuation Analysis
Below Book Valuation: The market values Astra Veda Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Astra Veda Corporation's assets grew by 403.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Astra Veda Corporation (2016–2023)
The table below shows the annual total assets of Astra Veda Corporation from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.01 Million | +403.89% |
| 2022-12-31 | $398.84K | -43.34% |
| 2021-12-31 | $703.88K | +84.65% |
| 2020-12-31 | $381.20K | +3.15% |
| 2019-12-31 | $369.57K | -32.20% |
| 2018-12-31 | $545.09K | +2030.65% |
| 2017-12-31 | $25.58K | +221589.77% |
| 2016-12-31 | $11.54 | -- |