Hear Atlast Holdings Inc
HearAtLast Holdings, Inc. operates hearing clinics in North America. The company offers hearing assessments and hearing instruments. Its products comprise digital hearing aid instruments and assistive-listening devices, as well as accessories, such as hearing aid wax guards, chargers, cleaners, sound tubes, etc. The company was formerly known as 226 Music Group, Inc. and changed its name to HearA… Read more
Hear Atlast Holdings Inc (HRAL) - Total Assets
Latest total assets as of March 2022: $1.15K USD
Based on the latest financial reports, Hear Atlast Holdings Inc (HRAL) holds total assets worth $1.15K USD as of March 2022.
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.
Hear Atlast Holdings Inc - Total Assets Trend (2008–2022)
This chart illustrates how Hear Atlast Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hear Atlast Holdings Inc - Asset Composition Analysis
Current Asset Composition (March 2022)
Hear Atlast Holdings Inc's total assets of $1.15K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2022)
This chart illustrates how Hear Atlast Holdings 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: Hear Atlast Holdings Inc's current assets represent 100.0% of total assets in 2022, an increase from 35.2% in 2008.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2022, up from 0.3% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Hear Atlast Holdings Inc Competitors by Total Assets
Key competitors of Hear Atlast Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
China | CN¥3.82 Billion |
|
Blue Sail Medical Co Ltd
SHE:002382
|
China | CN¥16.46 Billion |
|
Andon Health Co Ltd
SHE:002432
|
China | CN¥28.98 Billion |
|
Allmed Medical Products Co Ltd Class A
SHE:002950
|
China | CN¥5.35 Billion |
|
Inix Technologies Holdings Bhd
KLSE:0094
|
Malaysia | RM72.53 Million |
|
Focus Point Holdings Bhd
KLSE:0157
|
Malaysia | RM328.19 Million |
|
Careplus Group Bhd
KLSE:0163
|
Malaysia | RM286.61 Million |
|
LKL International Bhd
KLSE:0182
|
Malaysia | RM173.46 Million |
Hear Atlast Holdings 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
Strong asset utilization - Hear Atlast Holdings Inc generates 2.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hear Atlast Holdings Inc is currently not profitable relative to its asset base.
Hear Atlast Holdings 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 | 0.01 | 0.02 |
| Quick Ratio | 0.00 | 0.00 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.86 Million | $ -2.79 Million | $ -2.74 Million |
Hear Atlast Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Hear Atlast Holdings 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) | -99.7% |
| Total Assets | $1.15K |
| Market Capitalization | $3.88 USD |
Valuation Analysis
Below Book Valuation: The market values Hear Atlast Holdings Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hear Atlast Holdings Inc's assets decreased by 99.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hear Atlast Holdings Inc (2008–2022)
The table below shows the annual total assets of Hear Atlast Holdings Inc from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-03-31 | $1.15K | -99.66% |
| 2021-03-31 | $338.55K | -0.72% |
| 2020-03-31 | $341.00K | +340900.00% |
| 2019-03-31 | $100.00 | -99.81% |
| 2011-03-31 | $53.81K | -96.97% |
| 2010-03-31 | $1.78 Million | -18.75% |
| 2009-03-31 | $2.19 Million | -6.03% |
| 2008-03-31 | $2.33 Million | -- |