Electronic Systems Technology Inc
Electronic Systems Technology, Inc., doing business as ESTeem Wireless Modems, designs, develops, manufactures, and markets industrial wireless products and accessories in the United States and internationally. The company's ESTeem industrial wireless products provide communication links between computer networks, network enabled devices, and mobile devices without cables. It also offers data rad… Read more
Electronic Systems Technology Inc (ELST) - Total Assets
Latest total assets as of September 2024: $1.45 Million USD
Based on the latest financial reports, Electronic Systems Technology Inc (ELST) holds total assets worth $1.45 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.
Electronic Systems Technology Inc - Total Assets Trend (1988–2023)
This chart illustrates how Electronic Systems Technology Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Electronic Systems Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Electronic Systems Technology Inc's total assets of $1.45 Million consist of 97.2% current assets and 2.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.1% |
| Accounts Receivable | $54.50K | 3.2% |
| Inventory | $722.46K | 41.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1988–2023)
This chart illustrates how Electronic Systems Technology 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: Electronic Systems Technology Inc's current assets represent 97.2% of total assets in 2023, an increase from 81.1% in 1988.
- Cash Position: Cash and equivalents constituted 28.1% of total assets in 2023, up from 5.4% in 1988.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 10.0% in 1988.
- Asset Diversification: The largest asset category is inventory at 41.7% of total assets.
Electronic Systems Technology Inc Competitors by Total Assets
Key competitors of Electronic Systems Technology 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 |
Electronic Systems Technology 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 - Electronic Systems Technology Inc generates 0.89x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Electronic Systems Technology Inc is currently not profitable relative to its asset base.
Electronic Systems Technology 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 | 30.24 | 16.01 | 11.80 |
| Quick Ratio | 13.67 | 8.65 | 6.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.39 Million | $ 1.65 Million | $ 1.70 Million |
Electronic Systems Technology Inc - Advanced Valuation Insights
This section examines the relationship between Electronic Systems Technology 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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -15.4% |
| Total Assets | $1.73 Million |
| Market Capitalization | $143.20K USD |
Valuation Analysis
Below Book Valuation: The market values Electronic Systems Technology Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Electronic Systems Technology Inc's assets decreased by 15.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Electronic Systems Technology Inc (1988–2023)
The table below shows the annual total assets of Electronic Systems Technology Inc from 1988 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.73 Million | -15.41% |
| 2022-12-31 | $2.05 Million | +15.07% |
| 2021-12-31 | $1.78 Million | -2.93% |
| 2020-12-31 | $1.83 Million | -3.79% |
| 2019-12-31 | $1.90 Million | -7.15% |
| 2018-12-31 | $2.05 Million | -3.00% |
| 2017-12-31 | $2.11 Million | -18.31% |
| 2016-12-31 | $2.59 Million | -6.14% |
| 2015-12-31 | $2.76 Million | -9.52% |
| 2014-12-31 | $3.05 Million | -2.60% |
| 2013-12-31 | $3.13 Million | +4.51% |
| 2012-12-31 | $2.99 Million | -0.98% |
| 2011-12-31 | $3.02 Million | -7.79% |
| 2010-12-31 | $3.28 Million | +6.77% |
| 2009-12-31 | $3.07 Million | +0.36% |
| 2008-12-31 | $3.06 Million | -12.00% |
| 2007-12-31 | $3.48 Million | +4.74% |
| 2006-12-31 | $3.32 Million | +10.86% |
| 2005-12-31 | $2.99 Million | +0.38% |
| 2004-12-31 | $2.98 Million | +5.69% |
| 2003-12-31 | $2.82 Million | +2.94% |
| 2002-12-31 | $2.74 Million | +14.18% |
| 2001-12-31 | $2.40 Million | -0.26% |
| 2000-12-31 | $2.41 Million | +4.34% |
| 1999-12-31 | $2.31 Million | -1.97% |
| 1998-12-31 | $2.35 Million | +6.72% |
| 1997-12-31 | $2.21 Million | +7.98% |
| 1996-12-31 | $2.04 Million | +1.59% |
| 1995-12-31 | $2.01 Million | +25.67% |
| 1994-12-31 | $1.60 Million | +37.93% |
| 1992-12-31 | $1.16 Million | +26.09% |
| 1991-12-31 | $920.00K | +61.40% |
| 1990-12-31 | $570.00K | +7.55% |
| 1989-12-31 | $530.00K | +43.24% |
| 1988-12-31 | $370.00K | -- |