Enerteck Corporation
EnerTeck Corporation, through its subsidiary, EnerTeck Chemical Corp., manufactures, markets, and sells fuel borne catalytic engine treatment products for diesel engines in the United States and internationally. The company offers EnerBurn that functions as an engine treatment application by removing carbon deposits from the combustion surfaces of the engine and reducing further carbon deposit bu… Read more
Enerteck Corporation (ETCK) - Total Assets
Latest total assets as of September 2023: $320.44K USD
Based on the latest financial reports, Enerteck Corporation (ETCK) holds total assets worth $320.44K USD as of September 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.
Enerteck Corporation - Total Assets Trend (2001–2022)
This chart illustrates how Enerteck Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Enerteck Corporation - Asset Composition Analysis
Current Asset Composition (December 2022)
Enerteck Corporation's total assets of $320.44K consist of 66.2% current assets and 33.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $6.95K | 2.2% |
| Inventory | $185.32K | 58.9% |
| Property, Plant & Equipment | $6.27K | 2.0% |
| Intangible Assets | $100.00K | 31.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2022)
This chart illustrates how Enerteck Corporation'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: Enerteck Corporation's current assets represent 66.2% of total assets in 2022, a decrease from 100.0% in 2001.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2022, down from 100.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 58.9% of total assets.
Enerteck Corporation Competitors by Total Assets
Key competitors of Enerteck Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chinyang Hold
KO:100250
|
Korea | ₩686.19 Billion |
|
DL Holdings Co Ltd Preferred
KO:000215
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
|
Hengyi Petrochemical Co Ltd
SHE:000703
|
China | CN¥111.51 Billion |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
China | CN¥3.04 Billion |
Enerteck Corporation - 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 - Enerteck Corporation generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Enerteck Corporation is currently not profitable relative to its asset base.
Enerteck Corporation - 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 | 0.02 | 0.02 | 0.02 |
| Quick Ratio | 0.00 | 0.00 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.76 Million | $ -11.59 Million | $ -7.46 Million |
Enerteck Corporation - Advanced Valuation Insights
This section examines the relationship between Enerteck Corporation'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 17.0% |
| Total Assets | $314.81K |
| Market Capitalization | $1.53K USD |
Valuation Analysis
Below Book Valuation: The market values Enerteck Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Enerteck Corporation's assets grew by 17.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Enerteck Corporation (2001–2022)
The table below shows the annual total assets of Enerteck Corporation from 2001 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $314.81K | +16.95% |
| 2021-12-31 | $269.18K | -28.21% |
| 2020-12-31 | $374.97K | +35.11% |
| 2019-12-31 | $277.54K | -12.85% |
| 2018-12-31 | $318.44K | -9.57% |
| 2017-12-31 | $352.12K | +4.53% |
| 2016-12-31 | $336.85K | -21.83% |
| 2015-12-31 | $430.94K | +14.81% |
| 2014-12-31 | $375.36K | -28.23% |
| 2013-12-31 | $522.98K | -18.12% |
| 2012-12-31 | $638.68K | -40.56% |
| 2011-12-31 | $1.07 Million | +32.78% |
| 2010-12-31 | $809.26K | -63.41% |
| 2009-12-31 | $2.21 Million | -13.67% |
| 2008-12-31 | $2.56 Million | -30.00% |
| 2007-12-31 | $3.66 Million | -10.11% |
| 2006-12-31 | $4.07 Million | +51.42% |
| 2005-12-31 | $2.69 Million | +1760.20% |
| 2004-12-31 | $144.59K | -82.05% |
| 2003-12-31 | $805.47K | +4387.27% |
| 2002-12-31 | $17.95K | +105.57% |
| 2001-12-31 | $8.73K | -- |