Location Based Techs
Location Based Technologies, Inc. provides submersible waterproof and virtually indestructible GPS devices. It offers solutions for small businesses, trucking and freight, construction and equipment, logistics, and global tracking. The company also provides mobile Asset Solutions. Location Based Technologies, Inc. is based in Irvine, California.
Location Based Techs (LBAS) - Total Assets
Latest total assets as of November 2024: $151.58K USD
Based on the latest financial reports, Location Based Techs (LBAS) holds total assets worth $151.58K USD as of November 2024.
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.
Location Based Techs - Total Assets Trend (2006–2024)
This chart illustrates how Location Based Techs’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Location Based Techs - Asset Composition Analysis
Current Asset Composition (August 2024)
Location Based Techs's total assets of $151.58K consist of 48.2% current assets and 51.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $507.95 | 0.3% |
| Inventory | $63.52K | 41.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $52.54K | 34.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Location Based Techs'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: Location Based Techs's current assets represent 48.2% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 34.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 41.5% of total assets.
Location Based Techs Competitors by Total Assets
Key competitors of Location Based Techs based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Location Based Techs - 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 - Location Based Techs generates 0.94x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Location Based Techs is currently not profitable relative to its asset base.
Location Based Techs - 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 | 0.01 | 0.02 | 0.19 |
| Quick Ratio | 0.00 | 0.01 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-6.84 Million | $ -6.83 Million | $ -6.79 Million |
Location Based Techs - Advanced Valuation Insights
This section examines the relationship between Location Based Techs'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) | -23.5% |
| Total Assets | $153.09K |
| Market Capitalization | $36.62 USD |
Valuation Analysis
Below Book Valuation: The market values Location Based Techs's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Location Based Techs's assets decreased by 23.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Location Based Techs (2006–2024)
The table below shows the annual total assets of Location Based Techs from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $153.09K | -23.54% |
| 2023-08-31 | $200.23K | -43.48% |
| 2022-08-31 | $354.24K | -3.93% |
| 2020-08-31 | $368.73K | -84.15% |
| 2014-08-31 | $2.33 Million | -30.98% |
| 2013-08-31 | $3.37 Million | -38.95% |
| 2012-08-31 | $5.52 Million | -41.26% |
| 2011-08-31 | $9.40 Million | +589.41% |
| 2010-08-31 | $1.36 Million | -58.68% |
| 2009-08-31 | $3.30 Million | +43.95% |
| 2008-08-31 | $2.29 Million | -58.66% |
| 2007-08-31 | $5.55 Million | +131863.95% |
| 2006-08-31 | $4.20K | -- |