COMSovereign Holding Corp
COMSovereign Holding Corp. provides various solutions for network operators, mobile device carriers, governmental units, and other enterprises worldwide. The company offers packet microwave solutions that transmit broadband voice, video, and data, as well as enable service providers, government agencies, enterprises, and other organizations; harmony enhanced MC; fastback intelligent backhaul radi… Read more
COMSovereign Holding Corp (COMS) - Total Assets
Latest total assets as of December 2023: $20.29 Million USD
Based on the latest financial reports, COMSovereign Holding Corp (COMS) holds total assets worth $20.29 Million USD as of December 2023.
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.
COMSovereign Holding Corp - Total Assets Trend (2007–2023)
This chart illustrates how COMSovereign Holding Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
COMSovereign Holding Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
COMSovereign Holding Corp's total assets of $20.29 Million consist of 48.1% current assets and 51.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.5% |
| Accounts Receivable | $1.78 Million | 7.1% |
| Inventory | $3.97 Million | 15.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.43 Million | 5.7% |
| Goodwill | $7.31 Million | 29.3% |
Asset Composition Trend (2007–2023)
This chart illustrates how COMSovereign Holding 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: COMSovereign Holding Corp's current assets represent 48.1% of total assets in 2023, a decrease from 63.4% in 2007.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2023, up from 1.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 31.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 29.3% of total assets.
COMSovereign Holding Corp Competitors by Total Assets
Key competitors of COMSovereign Holding Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
COMSovereign Holding 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 - COMSovereign Holding Corp generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - COMSovereign Holding Corp is currently not profitable relative to its asset base.
COMSovereign Holding 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 | 0.38 | 0.62 | 1.44 |
| Quick Ratio | 0.25 | 0.31 | 1.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.34 Million | $ -9.21 Million | $ 1.11 Million |
COMSovereign Holding Corp - Advanced Valuation Insights
This section examines the relationship between COMSovereign Holding 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 | 0.19 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -71.9% |
| Total Assets | $24.92 Million |
| Market Capitalization | $2.67K USD |
Valuation Analysis
Below Book Valuation: The market values COMSovereign Holding Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: COMSovereign Holding Corp's assets decreased by 71.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for COMSovereign Holding Corp (2007–2023)
The table below shows the annual total assets of COMSovereign Holding Corp from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $24.92 Million | -71.85% |
| 2022-12-31 | $88.53 Million | 0.00% |
| 2021-12-31 | $88.53 Million | -32.36% |
| 2020-12-31 | $130.88 Million | +9.08% |
| 2019-12-31 | $119.99 Million | +3273.66% |
| 2018-12-31 | $3.56 Million | +15.72% |
| 2017-12-31 | $3.07 Million | -31.67% |
| 2016-12-31 | $4.50 Million | -2.50% |
| 2015-12-31 | $4.61 Million | +168.22% |
| 2014-12-31 | $1.72 Million | +40.77% |
| 2013-12-31 | $1.22 Million | -35.65% |
| 2012-12-31 | $1.90 Million | -20.86% |
| 2011-12-31 | $2.40 Million | +62.20% |
| 2010-12-31 | $1.48 Million | -11.21% |
| 2009-12-31 | $1.67 Million | +7.13% |
| 2008-12-31 | $1.56 Million | +13.85% |
| 2007-12-31 | $1.37 Million | -- |