Circuit Research Labs Inc
Circuit Research Labs, Inc. develops, manufactures, and markets electronic audio processing, transmission encoding, and noise reduction equipment for radio, television, cable, Internet, and professional audio markets worldwide. Its products are used to control the audio quality and range of radio, television, cable, and Internet audio reception, as well as allow radio and television stations to b… Read more
Circuit Research Labs Inc (CRLI) - Total Assets
Latest total assets as of September 2008: $11.17 Million USD
Based on the latest financial reports, Circuit Research Labs Inc (CRLI) holds total assets worth $11.17 Million USD as of September 2008.
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.
Circuit Research Labs Inc - Total Assets Trend (1987–2007)
This chart illustrates how Circuit Research Labs Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Circuit Research Labs Inc - Asset Composition Analysis
Current Asset Composition (December 2007)
Circuit Research Labs Inc's total assets of $11.17 Million consist of 35.5% current assets and 64.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $1.28 Million | 11.8% |
| Inventory | $2.37 Million | 21.9% |
| Property, Plant & Equipment | $149.76K | 1.4% |
| Intangible Assets | $6.53 Million | 60.3% |
| Goodwill | $6.53 Million | 60.3% |
Asset Composition Trend (1987–2007)
This chart illustrates how Circuit Research Labs 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: Circuit Research Labs Inc's current assets represent 35.5% of total assets in 2007, a decrease from 65.0% in 1987.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2007, up from 0.0% in 1987.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 120.0% of total assets, an increase from 0.0% in 1987.
- Asset Diversification: The largest asset category is intangible assets at 60.3% of total assets.
Circuit Research Labs Inc Competitors by Total Assets
Key competitors of Circuit Research Labs Inc 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 |
Circuit Research Labs 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 - Circuit Research Labs Inc generates 1.19x 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, Circuit Research Labs Inc generates $ 0.99 in net profit.
Circuit Research Labs 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 | 1.02 | 0.56 | 0.27 |
| Quick Ratio | 0.23 | 0.22 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $71.23K | $ -3.14 Million | $ -9.22 Million |
Circuit Research Labs Inc - Advanced Valuation Insights
This section examines the relationship between Circuit Research Labs 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 | 0.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.9% |
| Total Assets | $10.83 Million |
| Market Capitalization | $0.92 USD |
Valuation Analysis
Below Book Valuation: The market values Circuit Research Labs Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Circuit Research Labs Inc's assets grew by 0.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Circuit Research Labs Inc (1987–2007)
The table below shows the annual total assets of Circuit Research Labs Inc from 1987 to 2007.
| Year | Total Assets | Change |
|---|---|---|
| 2007-12-31 | $10.83 Million | +0.94% |
| 2006-12-31 | $10.73 Million | -12.39% |
| 2005-12-31 | $12.25 Million | +5.94% |
| 2004-12-31 | $11.56 Million | -1.77% |
| 2003-12-31 | $11.77 Million | -0.14% |
| 2002-12-31 | $11.78 Million | +6.47% |
| 2001-12-31 | $11.07 Million | -16.99% |
| 2000-12-31 | $13.33 Million | +626.77% |
| 1999-12-31 | $1.83 Million | +19.71% |
| 1998-12-31 | $1.53 Million | -17.01% |
| 1997-12-31 | $1.85 Million | -14.89% |
| 1996-12-31 | $2.17 Million | +0.93% |
| 1995-12-31 | $2.15 Million | -2.29% |
| 1994-12-31 | $2.20 Million | -8.33% |
| 1993-12-31 | $2.40 Million | -4.00% |
| 1992-12-31 | $2.50 Million | -3.85% |
| 1991-12-31 | $2.60 Million | +8.33% |
| 1990-12-31 | $2.40 Million | +14.29% |
| 1989-12-31 | $2.10 Million | +16.67% |
| 1988-12-31 | $1.80 Million | -10.00% |
| 1987-12-31 | $2.00 Million | -- |