Direct Communication Solutions Inc
Direct Communication Solutions, Inc. provides solutions for the Internet of Things (IoT) in the United States, Canada, and internationally. The company offers GPS devices, modems, embedded modules, routers, mobile tracking machine-to-machine (M2M) devices, communications and applications software, and cloud services. Its M2M products and solutions enable devices to communicate with each other, an… Read more
Direct Communication Solutions Inc (DCSX) - Total Assets
Latest total assets as of September 2024: $2.02 Million USD
Based on the latest financial reports, Direct Communication Solutions Inc (DCSX) holds total assets worth $2.02 Million USD as of September 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.
Direct Communication Solutions Inc - Total Assets Trend (2017–2023)
This chart illustrates how Direct Communication Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Direct Communication Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Direct Communication Solutions Inc's total assets of $2.02 Million consist of 81.2% current assets and 18.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $1.31 Million | 42.8% |
| Inventory | $955.94K | 31.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2023)
This chart illustrates how Direct Communication Solutions 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: Direct Communication Solutions Inc's current assets represent 81.2% of total assets in 2023, a decrease from 96.7% in 2017.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2023, down from 6.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 42.8% of total assets.
Direct Communication Solutions Inc Competitors by Total Assets
Key competitors of Direct Communication Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CID HoldCo, Inc. Warrants
NASDAQ:DAICW
|
USA | $7.45 Million |
|
Digital China Group Co Ltd
SHE:000034
|
China | CN¥50.37 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
Direct Communication Solutions 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 - Direct Communication Solutions Inc generates 4.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Direct Communication Solutions Inc is currently not profitable relative to its asset base.
Direct Communication Solutions 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 | 0.35 | 0.49 | 0.70 |
| Quick Ratio | 0.23 | 0.38 | 0.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.93 Million | $ -4.80 Million | $ -1.74 Million |
Direct Communication Solutions Inc - Advanced Valuation Insights
This section examines the relationship between Direct Communication Solutions 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 | 10.10 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | -68.6% |
| Total Assets | $3.06 Million |
| Market Capitalization | $3.59 Million USD |
Valuation Analysis
Above Book Valuation: The market values Direct Communication Solutions Inc's assets above their book value (1.17 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Direct Communication Solutions Inc's assets decreased by 68.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Direct Communication Solutions Inc (2017–2023)
The table below shows the annual total assets of Direct Communication Solutions Inc from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $3.06 Million | -68.64% |
| 2022-12-31 | $9.76 Million | -3.84% |
| 2021-12-31 | $10.14 Million | +126.16% |
| 2020-12-31 | $4.49 Million | -11.46% |
| 2019-12-31 | $5.07 Million | -10.45% |
| 2018-12-31 | $5.66 Million | +190.47% |
| 2017-12-31 | $1.95 Million | -- |