Aurum Resource and Asset Management Inc
Innovest Global, Inc. engages in the commercial and industrial, energy, and biotechnology and health services sectors. It designs, engineers, tests, and manufactures curtain wall systems; supplies personal protection equipment, apparel, and safety supplies; offers inbound and outbound call services; negotiates and purchases various exterior building products. The company also provides energy serv… Read more
Aurum Resource and Asset Management Inc (IVST) - Total Assets
Latest total assets as of September 2021: $11.04 Million USD
Based on the latest financial reports, Aurum Resource and Asset Management Inc (IVST) holds total assets worth $11.04 Million USD as of September 2021.
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.
Aurum Resource and Asset Management Inc - Total Assets Trend (2003–2020)
This chart illustrates how Aurum Resource and Asset Management Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Aurum Resource and Asset Management Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Aurum Resource and Asset Management Inc's total assets of $11.04 Million consist of 31.5% current assets and 68.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $2.56 Million | 24.0% |
| Inventory | $584.84K | 5.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.87 Million | 36.3% |
| Goodwill | $3.57 Million | 33.4% |
Asset Composition Trend (2003–2020)
This chart illustrates how Aurum Resource and Asset Management 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: Aurum Resource and Asset Management Inc's current assets represent 31.5% of total assets in 2020, an increase from 30.5% in 2003.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2020, down from 3.7% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 69.0% of total assets, an increase from 0.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 36.3% of total assets.
Aurum Resource and Asset Management Inc Competitors by Total Assets
Key competitors of Aurum Resource and Asset Management Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Baoan Group Co Ltd
SHE:000009
|
China | CN¥56.58 Billion |
|
Doosan
KO:000150
|
Korea | ₩32.36 Trillion |
|
Doosan Pref Shs
KO:000155
|
Korea | ₩32.36 Trillion |
|
Doosan Co Ltd
KO:000157
|
Korea | ₩32.36 Trillion |
|
Yunding Technology Co Ltd
SHE:000409
|
China | CN¥2.65 Billion |
|
Create Technology & Science Co Ltd
SHE:000551
|
China | CN¥6.23 Billion |
|
Sundiro Holding Co Ltd
SHE:000571
|
China | CN¥2.50 Billion |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
China | CN¥2.26 Billion |
Aurum Resource and Asset Management 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 - Aurum Resource and Asset Management Inc generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Aurum Resource and Asset Management Inc is currently not profitable relative to its asset base.
Aurum Resource and Asset Management 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 | 0.44 | 0.99 | 5.18 |
| Quick Ratio | 0.36 | 0.99 | 5.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.24 Million | $ -74.00 | $ 125.69K |
Aurum Resource and Asset Management Inc - Advanced Valuation Insights
This section examines the relationship between Aurum Resource and Asset Management 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) | -16.1% |
| Total Assets | $10.67 Million |
| Market Capitalization | $10.32K USD |
Valuation Analysis
Below Book Valuation: The market values Aurum Resource and Asset Management Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Aurum Resource and Asset Management Inc's assets decreased by 16.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Aurum Resource and Asset Management Inc (2003–2020)
The table below shows the annual total assets of Aurum Resource and Asset Management Inc from 2003 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $10.67 Million | -16.06% |
| 2019-12-31 | $12.72 Million | -0.30% |
| 2018-12-31 | $12.75 Million | +5816.64% |
| 2017-12-31 | $215.56K | -66.04% |
| 2016-12-31 | $634.68K | +0.73% |
| 2015-12-31 | $630.09K | +0.17% |
| 2014-12-31 | $629.04K | -17.53% |
| 2013-12-31 | $762.75K | +219.61% |
| 2011-12-31 | $238.65K | -87.42% |
| 2008-12-31 | $1.90 Million | +327.74% |
| 2007-12-31 | $443.48K | +197.93% |
| 2006-12-31 | $148.85K | +25.11% |
| 2005-12-31 | $118.98K | -61.86% |
| 2004-12-31 | $311.98K | +0.53% |
| 2003-12-31 | $310.33K | -- |