Loop Energy Inc.
Loop Energy Inc. develops, engages in the manufacture and supply of hydrogen fuel cells to vehicle original equipment manufacturers and power generation system manufacturers in Europe, North America, Australia, China, and rest of the Asia-Pacific. It designs, develops, manufactures, sells, and services hydrogen proton-exchange membrane fuel stacks, modules, and systems for electrification and dec… Read more
Loop Energy Inc. (LPENF) - Total Assets
Latest total assets as of March 2024: $17.99 Million USD
Based on the latest financial reports, Loop Energy Inc. (LPENF) holds total assets worth $17.99 Million USD as of March 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.
Loop Energy Inc. - Total Assets Trend (2018–2023)
This chart illustrates how Loop Energy Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Loop Energy Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Loop Energy Inc.'s total assets of $17.99 Million consist of 23.1% current assets and 76.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 13.4% |
| Accounts Receivable | $136.00K | 0.6% |
| Inventory | $1.36 Million | 6.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $46.00K | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Loop Energy 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: Loop Energy Inc.'s current assets represent 23.1% of total assets in 2023, a decrease from 49.5% in 2018.
- Cash Position: Cash and equivalents constituted 13.4% of total assets in 2023, up from 0.3% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 6.2% of total assets.
Loop Energy Inc. Competitors by Total Assets
Key competitors of Loop Energy Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Loop Energy 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
Lower asset utilization - Loop Energy Inc. generates 0.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Loop Energy Inc. is currently not profitable relative to its asset base.
Loop Energy 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 | 0.87 | 3.79 | 0.60 |
| Quick Ratio | 0.48 | 2.96 | 0.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-807.00K | $ 19.04 Million | $ -2.53 Million |
Loop Energy Inc. - Advanced Valuation Insights
This section examines the relationship between Loop Energy 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 | 3.00 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | -60.2% |
| Total Assets | $21.98 Million |
| Market Capitalization | $2.15 Million USD |
Valuation Analysis
Below Book Valuation: The market values Loop Energy Inc.'s assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Loop Energy Inc.'s assets decreased by 60.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Loop Energy Inc. (2018–2023)
The table below shows the annual total assets of Loop Energy Inc. from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $21.98 Million | -60.21% |
| 2022-12-31 | $55.24 Million | -34.31% |
| 2021-12-31 | $84.09 Million | +720.28% |
| 2020-12-31 | $10.25 Million | +50.36% |
| 2019-12-31 | $6.82 Million | +116.38% |
| 2018-12-31 | $3.15 Million | -- |