Kunekt Corporation
Kunekt Corporation does not have significant operations. The company intends to acquire or merge with an established business. Previously, it focused on designing, building, and marketing mobile phones, smartphones, and tablets. The company was founded in 2007 and is based in Carson City, Nevada.
Kunekt Corporation (KNKT) - Total Assets
Latest total assets as of July 2012: $105.65K USD
Based on the latest financial reports, Kunekt Corporation (KNKT) holds total assets worth $105.65K USD as of July 2012.
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.
Kunekt Corporation - Total Assets Trend (2008–2011)
This chart illustrates how Kunekt Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kunekt Corporation - Asset Composition Analysis
Current Asset Composition (October 2011)
Kunekt Corporation's total assets of $105.65K consist of 87.4% current assets and 12.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 81.9% |
| 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 (2008–2011)
This chart illustrates how Kunekt 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: Kunekt Corporation's current assets represent 87.4% of total assets in 2011, an increase from 12.6% in 2008.
- Cash Position: Cash and equivalents constituted 81.9% of total assets in 2011, up from 12.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 87.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Kunekt Corporation Competitors by Total Assets
Key competitors of Kunekt Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
USA | $239.11 Million |
|
ChampionsGate Acquisition Corp
NASDAQ:CHPGU
|
USA | $76.27 Million |
|
Atlas Resources International Inc
PINK:ALSI
|
USA | $6.96K |
|
Itokk Inc
PINK:IKTO
|
USA | $2.24 Million |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
|
Aloys Inc.
KQ:297570
|
Korea | ₩111.17 Billion |
|
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
|
Korea | ₩255.48 Billion |
Kunekt 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 - Kunekt Corporation generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Kunekt Corporation generates $ 149.21 in net profit.
Kunekt 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 | 0.43 | 1.21 | 0.26 |
| Quick Ratio | 0.43 | 1.21 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-118.31K | $ 31.10K | $ -23.22K |
Kunekt Corporation - Advanced Valuation Insights
This section examines the relationship between Kunekt 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 | 0.00 |
| Asset Growth Rate (YoY) | -59.9% |
| Total Assets | $155.43K |
| Market Capitalization | $0.98 USD |
Valuation Analysis
Below Book Valuation: The market values Kunekt Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Kunekt Corporation's assets decreased by 59.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Kunekt Corporation (2008–2011)
The table below shows the annual total assets of Kunekt Corporation from 2008 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-10-31 | $155.43K | -59.86% |
| 2010-10-31 | $387.25K | -19.24% |
| 2009-10-31 | $479.51K | +1612.67% |
| 2008-10-31 | $28.00K | -- |