COMTEX News Network Inc
Comtex News Network, Inc. provides electronic real-time news, and content and proprietary market products in the United States. The company receives, enhances, combines, and filters news and content received from national and international news bureaus, agencies, and publications. Its products comprise CustomWires, the real-time and subject-specific newswires, such as finance, business, foreign e… Read more
COMTEX News Network Inc (CMTX) - Total Assets
Latest total assets as of March 2010: $2.91 Million USD
Based on the latest financial reports, COMTEX News Network Inc (CMTX) holds total assets worth $2.91 Million USD as of March 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.
COMTEX News Network Inc - Total Assets Trend (2000–2009)
This chart illustrates how COMTEX News Network Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
COMTEX News Network Inc - Asset Composition Analysis
Current Asset Composition (June 2009)
COMTEX News Network Inc's total assets of $2.91 Million consist of 80.1% current assets and 19.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 48.6% |
| Accounts Receivable | $835.36K | 29.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $385.29K | 13.6% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2009)
This chart illustrates how COMTEX News Network 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: COMTEX News Network Inc's current assets represent 80.1% of total assets in 2009, an increase from 65.7% in 2000.
- Cash Position: Cash and equivalents constituted 48.6% of total assets in 2009, up from 27.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 29.5% of total assets.
COMTEX News Network Inc Competitors by Total Assets
Key competitors of COMTEX News Network Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tangel Publishing
SHE:300148
|
China | CN¥1.48 Billion |
|
Huamei Holding
SHE:000607
|
China | CN¥3.53 Billion |
|
Central China Land Media Co Ltd
SHE:000719
|
China | CN¥18.96 Billion |
|
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
|
China | CN¥5.13 Billion |
|
Catcha Digital Bhd
KLSE:0173
|
Malaysia | RM142.18 Million |
|
YeaRimDang Publishing Co. Ltd
KQ:036000
|
Korea | ₩300.92 Billion |
|
Samsung Publis
KO:068290
|
Korea | ₩212.43 Billion |
|
Woongjin Thinkbig Co Ltd
KO:095720
|
Korea | ₩747.74 Billion |
COMTEX News Network 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 - COMTEX News Network Inc generates 2.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, COMTEX News Network Inc generates $ 3.24 in net profit.
COMTEX News Network 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 | 1.90 | 3.00 | 1.58 |
| Quick Ratio | 1.90 | 3.00 | 1.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.01 Million | $ 1.52 Million | $ 811.89K |
COMTEX News Network Inc - Advanced Valuation Insights
This section examines the relationship between COMTEX News Network 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 | 3.07 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -0.2% |
| Total Assets | $2.83 Million |
| Market Capitalization | $54.73K USD |
Valuation Analysis
Below Book Valuation: The market values COMTEX News Network Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: COMTEX News Network Inc's assets decreased by 0.2% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for COMTEX News Network Inc (2000–2009)
The table below shows the annual total assets of COMTEX News Network Inc from 2000 to 2009.
| Year | Total Assets | Change |
|---|---|---|
| 2009-06-30 | $2.83 Million | -0.17% |
| 2008-06-30 | $2.84 Million | +24.51% |
| 2007-06-30 | $2.28 Million | -23.19% |
| 2006-06-30 | $2.97 Million | +10.76% |
| 2005-06-30 | $2.68 Million | +0.34% |
| 2004-06-30 | $2.67 Million | -23.09% |
| 2003-06-30 | $3.47 Million | -37.98% |
| 2002-06-30 | $5.60 Million | -14.70% |
| 2001-06-30 | $6.57 Million | +9.84% |
| 2000-06-30 | $5.98 Million | -- |