Meganet Corp
Meganet Corporation invents, develops, and markets data security, intelligence/counter-intelligence, and military operational devices. It provides encrypted products that protect data in biometric USB storage devices, computer files, email, chat, file transfer protocol, and others, as well as digital signature applications and an electronic file shredder that allows for the secure shredding of co… Read more
Meganet Corp (MGNT) - Total Assets
Latest total assets as of June 2017: $4.35K USD
Based on the latest financial reports, Meganet Corp (MGNT) holds total assets worth $4.35K USD as of June 2017.
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.
Meganet Corp - Total Assets Trend (2014–2017)
This chart illustrates how Meganet Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Meganet Corp - Asset Composition Analysis
Current Asset Composition (March 2017)
Meganet Corp's total assets of $4.35K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| 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 (2014–2017)
This chart illustrates how Meganet Corp'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: Meganet Corp's current assets represent 100.0% of total assets in 2017, an increase from 0.1% in 2014.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2017, up from 0.1% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Meganet Corp Competitors by Total Assets
Key competitors of Meganet Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhejiang Dahua Technology Co Ltd
SHE:002236
|
China | CN¥52.14 Billion |
|
Shenzhen Infinova Ltd
SHE:002528
|
China | CN¥1.89 Billion |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
China | CN¥1.55 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
China | CN¥9.73 Billion |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
China | CN¥1.27 Billion |
|
Mirae ING Co Ltd
KO:007120
|
Korea | ₩71.72 Billion |
|
S-1 Corp
KO:012750
|
Korea | ₩2.38 Trillion |
|
Hitron Systems
KO:019490
|
Korea | ₩44.03 Billion |
Meganet Corp - 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 - Meganet Corp generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Meganet Corp is currently not profitable relative to its asset base.
Meganet Corp - 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 | 0.00 | 0.00 | 0.00 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.24 Million | $ -2.04 Million | $ -2.04 Million |
Meganet Corp - Advanced Valuation Insights
This section examines the relationship between Meganet Corp'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 | 56.55 |
| Asset Growth Rate (YoY) | -99.2% |
| Total Assets | $164.00 |
| Market Capitalization | $9.28K USD |
Valuation Analysis
Premium Asset Valuation: The market values Meganet Corp's assets at a significant premium ( 56.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Meganet Corp's assets decreased by 99.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Meganet Corp (2014–2017)
The table below shows the annual total assets of Meganet Corp from 2014 to 2017.
| Year | Total Assets | Change |
|---|---|---|
| 2017-03-31 | $164.00 | -99.17% |
| 2016-03-31 | $19.73K | -65.14% |
| 2015-03-31 | $56.60K | -45.08% |
| 2014-03-31 | $103.07K | -- |