GlobalTech Corporation
GlobalTech Corporation engages in the communications and broadband business in Pakistan. The company offers wireless local loop services; and long-distance and international networks that provide local and international interconnect services to customers and other telecommunications providers. It also provides re-broadcasting international/national satellite/terrestrial wireless and cable televis… Read more
GlobalTech Corporation (GLTK) - Total Assets
Latest total assets as of September 2025: $64.54 Million USD
Based on the latest financial reports, GlobalTech Corporation (GLTK) holds total assets worth $64.54 Million USD as of September 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.
GlobalTech Corporation - Total Assets Trend (2020–2024)
This chart illustrates how GlobalTech Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GlobalTech Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
GlobalTech Corporation's total assets of $64.54 Million consist of 31.1% current assets and 68.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $12.39 Million | 21.8% |
| Inventory | $838.64K | 1.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.26 Million | 18.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how GlobalTech 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: GlobalTech Corporation's current assets represent 31.1% of total assets in 2024, an increase from 13.3% in 2020.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 3.1% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 18.0% of total assets, a decrease from 31.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 21.8% of total assets.
GlobalTech Corporation Competitors by Total Assets
Key competitors of GlobalTech Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
GlobalTech 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 - GlobalTech 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 - GlobalTech Corporation is currently not profitable relative to its asset base.
GlobalTech 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 | 0.39 | 0.43 | 0.32 |
| Quick Ratio | 0.37 | 0.41 | 0.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-25.66 Million | $ -22.61 Million | $ -26.02 Million |
GlobalTech Corporation - Advanced Valuation Insights
This section examines the relationship between GlobalTech 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 | 0.51 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | $56.96 Million |
| Market Capitalization | $28.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values GlobalTech Corporation's assets below their book value (0.51 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: GlobalTech Corporation's assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for GlobalTech Corporation (2020–2024)
The table below shows the annual total assets of GlobalTech Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $56.96 Million | -0.58% |
| 2023-12-31 | $57.29 Million | -14.67% |
| 2022-12-31 | $67.14 Million | -26.71% |
| 2021-12-31 | $91.60 Million | -21.97% |
| 2020-12-31 | $117.40 Million | -- |