Megola Inc
Megola, Inc. develops and sells various physical water treatment devices. It has operations in Canada, China, Indonesia, and the United States. The company is based in Point Edward, Canada.
Megola Inc (MGON) - Total Assets
Latest total assets as of March 2024: $952.93K USD
Based on the latest financial reports, Megola Inc (MGON) holds total assets worth $952.93K 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.
Megola Inc - Total Assets Trend (2004–2024)
This chart illustrates how Megola Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Megola Inc - Asset Composition Analysis
Current Asset Composition (March 2024)
Megola Inc's total assets of $952.93K consist of 13.3% current assets and 86.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $4.06K | 0.4% |
| Inventory | $122.10K | 12.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $825.82K | 86.7% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Megola 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: Megola Inc's current assets represent 13.3% of total assets in 2024, a decrease from 86.8% in 2004.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 0.3% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 86.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 86.7% of total assets.
Megola Inc Competitors by Total Assets
Key competitors of Megola Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
China | CN¥42.97 Billion |
|
Shenwu Energy Saving Co Ltd
SHE:000820
|
China | CN¥582.54 Million |
|
Brite Tech Bhd
KLSE:0011
|
Malaysia | RM168.57 Million |
|
Jinglv Envi Science & Tech Co
SHE:001230
|
China | CN¥3.29 Billion |
|
Kc Green Holdi
KO:009440
|
Korea | ₩252.26 Billion |
|
Cosmos Technology International Berhad
KLSE:0261
|
Malaysia | RM64.35 Million |
|
Kc Cottrell
KO:119650
|
Korea | ₩265.66 Billion |
|
China Ecotek Corp
TW:1535
|
Taiwan | NT$6.96 Billion |
Megola 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 - Megola Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Megola Inc is currently not profitable relative to its asset base.
Megola 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 | 0.29 | 0.44 | 0.78 |
| Quick Ratio | 0.01 | 0.01 | 0.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-306.16K | $ -189.78K | $ -63.90K |
Megola Inc - Advanced Valuation Insights
This section examines the relationship between Megola 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 | 0.00 |
| Asset Growth Rate (YoY) | -71.4% |
| Total Assets | $952.93K |
| Market Capitalization | $56.00 USD |
Valuation Analysis
Below Book Valuation: The market values Megola Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Megola Inc's assets decreased by 71.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Megola Inc (2004–2024)
The table below shows the annual total assets of Megola Inc from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $952.93K | -71.36% |
| 2023-07-31 | $3.33 Million | +218.08% |
| 2023-03-31 | $1.05 Million | +1184.22% |
| 2022-07-31 | $81.45K | 0.00% |
| 2022-03-31 | $81.45K | +17.48% |
| 2021-07-31 | $69.33K | 0.00% |
| 2021-03-31 | $69.33K | +20783.13% |
| 2020-07-31 | $332.00 | 0.00% |
| 2020-03-31 | $332.00 | -77.87% |
| 2019-03-31 | $1.50K | -99.94% |
| 2014-03-31 | $2.50 Million | -0.05% |
| 2013-03-31 | $2.50 Million | 0.00% |
| 2012-03-31 | $2.50 Million | +950.57% |
| 2010-03-31 | $238.17K | -86.57% |
| 2009-03-31 | $1.77 Million | +16.39% |
| 2008-03-31 | $1.52 Million | -3.58% |
| 2007-03-31 | $1.58 Million | +327.94% |
| 2006-03-31 | $369.33K | -52.73% |
| 2005-03-31 | $781.28K | +454.33% |
| 2004-03-31 | $140.94K | -- |