eWorld Companies Inc
eWorld Companies, Inc., through its subsidiary, Angelini Trading Company, distributes range of wines and specialized food items in Italy and the United States. The company offers various wines, pastas, olive oils, and other specialty food items. It provides wines primarily under the Benevento and Caponero brands, as well as exports its products. The company is based in Escondido, California.
eWorld Companies Inc (EWRC) - Total Assets
Latest total assets as of September 2024: $2.07 Million USD
Based on the latest financial reports, eWorld Companies Inc (EWRC) holds total assets worth $2.07 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.
eWorld Companies Inc - Total Assets Trend (2003–2023)
This chart illustrates how eWorld Companies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
eWorld Companies Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
eWorld Companies Inc's total assets of $2.07 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $2.80K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.06 Million | 99.8% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2023)
This chart illustrates how eWorld Companies 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: eWorld Companies Inc's current assets represent 0.2% of total assets in 2023, a decrease from 15.1% in 2003.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 2.5% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 99.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 99.8% of total assets.
eWorld Companies Inc Competitors by Total Assets
Key competitors of eWorld Companies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hite Jinro
KO:000080
|
Korea | ₩3.44 Trillion |
|
Luzhou Lao Jiao Co Ltd
SHE:000568
|
China | CN¥65.50 Billion |
|
Jiugui Liquor Co Ltd
SHE:000799
|
China | CN¥4.65 Billion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
China | CN¥181.07 Billion |
|
Beijing Shunxin Agriculture Co Ltd
SHE:000860
|
China | CN¥12.93 Billion |
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
China | CN¥12.16 Billion |
|
Bohae Brewery
KO:000890
|
Korea | ₩143.36 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
China | CN¥59.50 Billion |
eWorld Companies 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
Moderate asset utilization - eWorld Companies Inc generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - eWorld Companies Inc is currently not profitable relative to its asset base.
eWorld Companies 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 | 0.00 | 0.00 | 0.21 |
| Quick Ratio | 0.00 | 0.00 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.38 Million | $ -5.38 Million | $ -726.20K |
eWorld Companies Inc - Advanced Valuation Insights
This section examines the relationship between eWorld Companies 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -0.3% |
| Total Assets | $2.07 Million |
| Market Capitalization | $6.81 USD |
Valuation Analysis
Below Book Valuation: The market values eWorld Companies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: eWorld Companies Inc's assets decreased by 0.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for eWorld Companies Inc (2003–2023)
The table below shows the annual total assets of eWorld Companies Inc from 2003 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.07 Million | -0.31% |
| 2022-12-31 | $2.07 Million | 0.00% |
| 2021-12-31 | $2.07 Million | +63.66% |
| 2020-12-31 | $1.27 Million | 0.00% |
| 2019-12-31 | $1.27 Million | -10.72% |
| 2014-12-31 | $1.42 Million | +10.52% |
| 2013-12-31 | $1.28 Million | +0.13% |
| 2012-12-31 | $1.28 Million | +173883.85% |
| 2007-12-31 | $737.00 | -99.99% |
| 2003-12-31 | $6.79 Million | -- |