Michael Anthony Holdings Inc
Michael Anthony Holdings, Inc. owns and operates jewelry stores for customers in the United States. It offers engagement rings, wedding bands, fashion rings, and gem stone and sterling silver rings. The company also offers diamond, gem stone, and sterling silver earrings, bracelets, and necklaces, as well as watches and fashion related jewelry. In addition, it provides jewelry and watches repair … Read more
Michael Anthony Holdings Inc (MAJJ) - Total Assets
Latest total assets as of October 2003: $65.25 Million USD
Based on the latest financial reports, Michael Anthony Holdings Inc (MAJJ) holds total assets worth $65.25 Million USD as of October 2003.
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.
Michael Anthony Holdings Inc - Total Assets Trend (2000–2003)
This chart illustrates how Michael Anthony Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Michael Anthony Holdings Inc - Asset Composition Analysis
Current Asset Composition (January 2003)
Michael Anthony Holdings Inc's total assets of $65.25 Million consist of 77.5% current assets and 22.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.8% |
| Accounts Receivable | $14.82 Million | 23.8% |
| Inventory | $25.95 Million | 41.8% |
| Property, Plant & Equipment | $13.10 Million | 21.1% |
| Intangible Assets | $419.00K | 0.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2003)
This chart illustrates how Michael Anthony Holdings 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: Michael Anthony Holdings Inc's current assets represent 77.5% of total assets in 2003, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2003, down from 3.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 41.8% of total assets.
Michael Anthony Holdings Inc Competitors by Total Assets
Key competitors of Michael Anthony Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Innovative Medical Management Co Ltd
SHE:002173
|
China | CN¥2.18 Billion |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
China | CN¥6.34 Billion |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
China | CN¥7.03 Billion |
|
Beijing Kingee Culture Development Co Ltd
SHE:002721
|
China | CN¥2.60 Billion |
|
Shenyang Cuihua Gold and Silver Jewelry Co Ltd
SHE:002731
|
China | CN¥6.26 Billion |
|
Chow Tai Seng Jewellery Co Ltd
SHE:002867
|
China | CN¥8.19 Billion |
|
YX Precious Metals Bhd
KLSE:0250
|
Malaysia | RM163.99 Million |
|
J.ESTINA Co.Ltd
KQ:026040
|
Korea | ₩54.40 Billion |
Michael Anthony Holdings 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 - Michael Anthony Holdings Inc generates 1.91x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Michael Anthony Holdings Inc is currently not profitable relative to its asset base.
Michael Anthony Holdings 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 | 2.46 | 3.15 | 3.15 |
| Quick Ratio | 1.36 | 1.45 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $31.19 Million | $ 32.88 Million | $ 32.88 Million |
Michael Anthony Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Michael Anthony Holdings 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 | 0.08 |
| Asset Growth Rate (YoY) | -4.9% |
| Total Assets | $62.16 Million |
| Market Capitalization | $5.09 Million USD |
Valuation Analysis
Below Book Valuation: The market values Michael Anthony Holdings Inc's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Michael Anthony Holdings Inc's assets decreased by 4.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Michael Anthony Holdings Inc (2000–2003)
The table below shows the annual total assets of Michael Anthony Holdings Inc from 2000 to 2003.
| Year | Total Assets | Change |
|---|---|---|
| 2003-01-31 | $62.16 Million | -4.89% |
| 2002-01-31 | $65.36 Million | +3.20% |
| 2001-01-31 | $63.34 Million | -6.74% |
| 2000-01-31 | $67.91 Million | -- |