Cover Technologies Inc
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Cover Technologies Inc (MGPRF) - Total Assets
Latest total assets as of September 2025: $945.87K USD
Based on the latest financial reports, Cover Technologies Inc (MGPRF) holds total assets worth $945.87K 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.
Cover Technologies Inc - Total Assets Trend (2014–2025)
This chart illustrates how Cover Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cover Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Cover Technologies Inc's total assets of $945.87K consist of 37.4% current assets and 62.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.4% |
| Accounts Receivable | $19.71K | 2.1% |
| 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 (2014–2025)
This chart illustrates how Cover Technologies 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: Cover Technologies Inc's current assets represent 37.4% of total assets in 2025, an increase from 13.9% in 2014.
- Cash Position: Cash and equivalents constituted 23.4% of total assets in 2025, up from 1.0% 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 accounts receivable at 2.1% of total assets.
Cover Technologies Inc Competitors by Total Assets
Key competitors of Cover Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Tianying Inc
SHE:000035
|
China | CN¥32.41 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
China | CN¥1.22 Billion |
|
BECE Legend Group Co Ltd
SHE:000803
|
China | CN¥5.22 Billion |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥18.67 Billion |
|
Wangneng Environment Co Ltd
SHE:002034
|
China | CN¥14.26 Billion |
|
Beijing Orient Landscape Co Ltd
SHE:002310
|
China | CN¥3.37 Billion |
|
JAG Bhd
KLSE:0024
|
Malaysia | RM314.48 Million |
|
Qiaoyin Environmental Tech Co Ltd
SHE:002973
|
China | CN¥8.47 Billion |
Cover Technologies 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 - Cover Technologies Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cover Technologies Inc is currently not profitable relative to its asset base.
Cover Technologies 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 | 0.20 | 0.05 | 0.01 |
| Quick Ratio | 0.20 | 0.05 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.42 Million | $ -1.33 Million | $ -1.91 Million |
Cover Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Cover Technologies 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 | 0.24 |
| Latest Market Cap to Assets Ratio | 2.09 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | $945.87K |
| Market Capitalization | $1.98 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Cover Technologies Inc's assets at a significant premium ( 2.09x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Cover Technologies Inc's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cover Technologies Inc (2014–2025)
The table below shows the annual total assets of Cover Technologies Inc from 2014 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $945.87K | +11.05% |
| 2024-12-31 | $851.76K | -59.59% |
| 2023-12-31 | $2.11 Million | +329.41% |
| 2022-12-31 | $490.80K | -76.87% |
| 2021-12-31 | $2.12 Million | +2775.92% |
| 2020-12-31 | $73.78K | -46.44% |
| 2019-12-31 | $137.76K | -46.71% |
| 2018-12-31 | $258.50K | -49.15% |
| 2017-12-31 | $508.33K | +0.82% |
| 2016-12-31 | $504.20K | +14.49% |
| 2015-12-31 | $440.38K | -96.46% |
| 2014-12-31 | $12.44 Million | -- |