Labor Smart Inc
Labor Smart, Inc. provides temporary blue-collar staffing services primarily in the United States. The company supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing; and skilled trades' people and general laborers to commercial construction industries. It serves customers primarily engaged in construction, freight handling, landscaping, w… Read more
Labor Smart Inc (LTNC) - Total Assets
Latest total assets as of September 2025: $22.66 Million USD
Based on the latest financial reports, Labor Smart Inc (LTNC) holds total assets worth $22.66 Million USD as of September 2025.
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.
Labor Smart Inc - Total Assets Trend (2011–2024)
This chart illustrates how Labor Smart Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Labor Smart Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Labor Smart Inc's total assets of $22.66 Million consist of 14.7% current assets and 85.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $4.95 Million | 10.7% |
| Inventory | $1.62 Million | 3.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.18 Million | 9.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2011–2024)
This chart illustrates how Labor Smart 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: Labor Smart Inc's current assets represent 14.7% of total assets in 2024, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2024, down from 42.6% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 10.7% of total assets.
Labor Smart Inc Competitors by Total Assets
Key competitors of Labor Smart Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
Labor Smart 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 - Labor Smart Inc generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Labor Smart Inc is currently not profitable relative to its asset base.
Labor Smart 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 | 0.68 | 0.16 | 1.21 |
| Quick Ratio | 0.68 | 0.12 | 0.96 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.77 Million | $ -20.02 Million | $ 179.25K |
Labor Smart Inc - Advanced Valuation Insights
This section examines the relationship between Labor Smart 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 | 0.09 |
| Asset Growth Rate (YoY) | 807.2% |
| Total Assets | $46.40 Million |
| Market Capitalization | $4.23 Million USD |
Valuation Analysis
Below Book Valuation: The market values Labor Smart Inc's assets below their book value (0.09 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Labor Smart Inc's assets grew by 807.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Labor Smart Inc (2011–2024)
The table below shows the annual total assets of Labor Smart Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $46.40 Million | +807.17% |
| 2014-12-31 | $5.12 Million | +104.96% |
| 2013-12-31 | $2.50 Million | +143.24% |
| 2012-12-31 | $1.03 Million | +571.49% |
| 2011-12-31 | $152.80K | -- |