Ethernity Networks Ltd
Ethernity Networks Ltd., a technology solutions provider, develops and delivers data processing technology and solutions for applications in telecommunications, mobile, security, and data center markets in Israel and the United States. It offers ENET network appliances, such as UEP2025 family universal edge platform and ENET UEP-20 universal edge platform, as well as PON devices comprising PON OL… Read more
Ethernity Networks Ltd (ENETF) - Total Assets
Latest total assets as of June 2025: $4.91 Million USD
Based on the latest financial reports, Ethernity Networks Ltd (ENETF) holds total assets worth $4.91 Million USD as of June 2025.
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.
Ethernity Networks Ltd - Total Assets Trend (2014–2024)
This chart illustrates how Ethernity Networks Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ethernity Networks Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Ethernity Networks Ltd's total assets of $4.91 Million consist of 13.4% current assets and 86.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $385.00K | 6.5% |
| Inventory | $218.17K | 3.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.54 Million | 60.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Ethernity Networks Ltd'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: Ethernity Networks Ltd's current assets represent 13.4% of total assets in 2024, a decrease from 89.8% in 2014.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 1.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 60.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 60.2% of total assets.
Ethernity Networks Ltd Competitors by Total Assets
Key competitors of Ethernity Networks Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Ethernity Networks Ltd - 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 - Ethernity Networks Ltd generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ethernity Networks Ltd is currently not profitable relative to its asset base.
Ethernity Networks Ltd - 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 | 0.23 | 0.42 | 0.85 |
| Quick Ratio | 0.14 | 0.33 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.92 Million | $ -2.53 Million | $ -213.97K |
Ethernity Networks Ltd - Advanced Valuation Insights
This section examines the relationship between Ethernity Networks Ltd'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 | 0.18 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -39.2% |
| Total Assets | $5.88 Million |
| Market Capitalization | $200.00K USD |
Valuation Analysis
Below Book Valuation: The market values Ethernity Networks Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ethernity Networks Ltd's assets decreased by 39.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ethernity Networks Ltd (2014–2024)
The table below shows the annual total assets of Ethernity Networks Ltd from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.88 Million | -39.18% |
| 2023-12-31 | $9.68 Million | -21.06% |
| 2022-12-31 | $12.26 Million | -36.86% |
| 2021-12-31 | $19.41 Million | +59.33% |
| 2020-12-31 | $12.18 Million | -14.38% |
| 2019-12-31 | $14.23 Million | -20.95% |
| 2018-12-31 | $18.00 Million | -10.13% |
| 2017-12-31 | $20.03 Million | +598.58% |
| 2016-12-31 | $2.87 Million | +99.32% |
| 2015-12-31 | $1.44 Million | +115.57% |
| 2014-12-31 | $667.27K | -- |