Commerce Group Corp
Commerce Group Corp. engages in the exploration, exploitation, development, extraction, and processing of precious metals in the Republic of El Salvador, Central America. It focuses on exploring gold and silver properties. The company was founded in 1962 and is based in Waukesha, Wisconsin.
Commerce Group Corp (CGCO) - Total Assets
Latest total assets as of December 2010: $391.99K USD
Based on the latest financial reports, Commerce Group Corp (CGCO) holds total assets worth $391.99K USD as of December 2010.
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.
Commerce Group Corp - Total Assets Trend (1996–2010)
This chart illustrates how Commerce Group Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Commerce Group Corp - Asset Composition Analysis
Current Asset Composition (March 2010)
Commerce Group Corp's total assets of $391.99K consist of 80.5% current assets and 19.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $250.58K | 64.1% |
| Inventory | $6.93K | 1.8% |
| Property, Plant & Equipment | $76.32K | 19.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2010)
This chart illustrates how Commerce Group 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: Commerce Group Corp's current assets represent 80.5% of total assets in 2010, an increase from 2.5% in 1996.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2010, up from 0.3% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 64.1% of total assets.
Commerce Group Corp Competitors by Total Assets
Key competitors of Commerce Group Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Commerce Group 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
Lower asset utilization - Commerce Group Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Commerce Group Corp is currently not profitable relative to its asset base.
Commerce Group 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 | 0.02 | 0.05 |
| Quick Ratio | 0.00 | 0.02 | 0.05 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-37.92 Million | $ -32.20 Million | $ -17.92 Million |
Commerce Group Corp - Advanced Valuation Insights
This section examines the relationship between Commerce Group 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 | 6.79 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -43.3% |
| Total Assets | $391.03K |
| Market Capitalization | $0.92 USD |
Valuation Analysis
Below Book Valuation: The market values Commerce Group Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Commerce Group Corp's assets decreased by 43.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Commerce Group Corp (1996–2010)
The table below shows the annual total assets of Commerce Group Corp from 1996 to 2010.
| Year | Total Assets | Change |
|---|---|---|
| 2010-03-31 | $391.03K | -43.30% |
| 2009-03-31 | $689.60K | -97.40% |
| 2008-03-31 | $26.49 Million | +2.30% |
| 2007-03-31 | $25.89 Million | -34.03% |
| 2006-03-31 | $39.24 Million | +7.46% |
| 2005-03-31 | $36.52 Million | +6.10% |
| 2004-03-31 | $34.42 Million | +3.51% |
| 2003-03-31 | $33.25 Million | +4.09% |
| 2002-03-31 | $31.95 Million | +5.42% |
| 2001-03-31 | $30.30 Million | +1.50% |
| 2000-03-31 | $29.86 Million | +8.23% |
| 1999-03-31 | $27.59 Million | +6.93% |
| 1998-03-31 | $25.80 Million | +2.92% |
| 1997-03-31 | $25.07 Million | +22.20% |
| 1996-03-31 | $20.51 Million | -- |