Greenkraft Inc

PINK:GKIT USA Auto Manufacturers
Market Cap
$3.81 Million
Market Cap Rank
#37537 Global
#12225 in USA
Share Price
$0.04
Change (1 day)
+0.00%
52-Week Range
$0.03 - $0.04
All Time High
$0.51
About

Greenkraft, Inc. operates as a manufacturer and distributor of automotive products in the United States. It manufactures commercial forward cabin trucks for vehicles in alternative fuels and electric vehicles; and manufacture and sell alternative fuel engines. The company is based in Santa Ana, California.

Greenkraft Inc (GKIT) - Total Assets

Latest total assets as of December 2019: $2.35 Million USD

Based on the latest financial reports, Greenkraft Inc (GKIT) holds total assets worth $2.35 Million USD as of December 2019.

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.

Greenkraft Inc - Total Assets Trend (2006–2024)

This chart illustrates how Greenkraft Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Greenkraft Inc - Asset Composition Analysis

Current Asset Composition (December 2024)

Greenkraft Inc's total assets of $2.35 Million consist of 78.7% current assets and 21.3% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 20.7%
Accounts Receivable $0.00 0.0%
Inventory $1.35 Million 57.9%
Property, Plant & Equipment $0.00 0.0%
Intangible Assets $0.00 0.0%
Goodwill $0.00 0.0%

Asset Composition Trend (2006–2024)

This chart illustrates how Greenkraft 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: Greenkraft Inc's current assets represent 78.7% of total assets in 2024, a decrease from 100.0% in 2006.
  • Cash Position: Cash and equivalents constituted 20.7% of total assets in 2024, down from 80.5% in 2006.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
  • Asset Diversification: The largest asset category is inventory at 57.9% of total assets.

Greenkraft Inc Competitors by Total Assets

Key competitors of Greenkraft Inc based on total assets are shown below.

Company Country Total Assets
Ellwee AB
ST:ELLWEE
Sweden Skr5.80 Million
Kia Corp
KO:000270
Korea ₩97.98 Trillion
Weichai Power Co Ltd Class A
SHE:000338
China CN¥364.32 Billion
Haima Automobile Group Co Ltd
SHE:000572
China CN¥4.80 Billion
Chongqing Changan Automobile Co Ltd
SHE:000625
China CN¥185.63 Billion
Faw Car Co Ltd
SHE:000800
China CN¥76.20 Billion
Anhui Ankai Automobile Co Ltd
SHE:000868
China CN¥4.25 Billion
Kunming Yunnei Power Co Ltd
SHE:000903
China CN¥10.27 Billion

Greenkraft 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

Historical Range: 0.07 - 1.98

Lower asset utilization - Greenkraft Inc generates 0.08x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -49.37% - 3.16%

Negative ROA - Greenkraft Inc is currently not profitable relative to its asset base.

Greenkraft 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 1.33 1.58 0.85
Quick Ratio 0.14 0.02 0.59
Cash Ratio 0.00 0.00 0.00
Working Capital $494.92K $ 671.06K $ -964.22K

Greenkraft Inc - Advanced Valuation Insights

This section examines the relationship between Greenkraft 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 0.21
Asset Growth Rate (YoY) -11.7%
Total Assets $2.32 Million
Market Capitalization $494.89K USD

Valuation Analysis

Below Book Valuation: The market values Greenkraft Inc's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Greenkraft Inc's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Greenkraft Inc (2006–2024)

The table below shows the annual total assets of Greenkraft Inc from 2006 to 2024.

Year Total Assets Change
2024-12-31 $2.32 Million -11.72%
2023-12-31 $2.63 Million +1.37%
2022-12-31 $2.60 Million +0.90%
2021-12-31 $2.57 Million +14.99%
2020-12-31 $2.24 Million +12.63%
2019-12-31 $1.99 Million 0.00%
2018-12-31 $1.99 Million -4.89%
2017-12-31 $2.09 Million -12.72%
2016-12-31 $2.39 Million -61.67%
2015-12-31 $6.25 Million -4.66%
2014-12-31 $6.55 Million +111.03%
2013-12-31 $3.11 Million +39.96%
2012-12-31 $2.22 Million +143884.36%
2011-12-31 $1.54K -84.93%
2010-12-31 $10.22K +33.08%
2009-12-31 $7.68K -56.51%
2008-12-31 $17.66K -94.64%
2007-12-31 $329.83K +542.94%
2006-12-31 $51.30K --