Bantek Inc
Bantec, Inc. supplies spare and replacement parts to Federal Government agencies, U.S. military prime contractors, and commercial customers in the United States and internationally. The company also provides drones, drone accessories, accident reconstruction software, drone training, drone services, counter-drone technology, certificates of authorization, and waivers. In addition, it sells saniti… Read more
Bantek Inc (BANT) - Total Assets
Latest total assets as of June 2024: $400.09K USD
Based on the latest financial reports, Bantek Inc (BANT) holds total assets worth $400.09K USD as of June 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.
Bantek Inc - Total Assets Trend (2016–2023)
This chart illustrates how Bantek Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bantek Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Bantek Inc's total assets of $400.09K consist of 74.0% current assets and 26.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.2% |
| Accounts Receivable | $138.61K | 28.0% |
| Inventory | $178.06K | 35.9% |
| 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 Bantek 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: Bantek Inc's current assets represent 74.0% of total assets in 2023, an increase from 41.4% in 2016.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2023, down from 8.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 58.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 35.9% of total assets.
Bantek Inc Competitors by Total Assets
Key competitors of Bantek Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
Bantek 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 - Bantek Inc generates 4.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bantek Inc is currently not profitable relative to its asset base.
Bantek 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 | 0.03 | 0.02 | 0.07 |
| Quick Ratio | 0.02 | 0.02 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.83 Million | $ -18.07 Million | $ -13.63 Million |
Bantek Inc - Advanced Valuation Insights
This section examines the relationship between Bantek 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 | 0.01 |
| Asset Growth Rate (YoY) | -32.9% |
| Total Assets | $495.93K |
| Market Capitalization | $5.35K USD |
Valuation Analysis
Below Book Valuation: The market values Bantek Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bantek Inc's assets decreased by 32.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bantek Inc (2016–2023)
The table below shows the annual total assets of Bantek Inc from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $495.93K | -32.89% |
| 2022-09-30 | $738.95K | -49.27% |
| 2021-09-30 | $1.46 Million | +96.57% |
| 2020-09-30 | $741.02K | -31.68% |
| 2019-09-30 | $1.08 Million | -82.37% |
| 2018-09-30 | $6.15 Million | +2.38% |
| 2017-09-30 | $6.01 Million | -16.48% |
| 2016-09-30 | $7.20 Million | -- |