Megatech Corp
Megatech Corporation develops multi-fueled engines and electric dynamometers. The company offers engine performance, electrical/electronic systems, e-learning, brakes, suspension and steering, heating and AC, manual drivetrain and axle, automatic transmission and transaxle, engine repair, hybrid technology, and fuel cells. It also provides light/mid duty diesel, heavy diesel, truck/heavy diesel, … Read more
Megatech Corp (MGTC) - Total Assets
Latest total assets as of June 2004: $870.63K USD
Based on the latest financial reports, Megatech Corp (MGTC) holds total assets worth $870.63K USD as of June 2004.
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.
Megatech Corp - Total Assets Trend (1999–2003)
This chart illustrates how Megatech Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Megatech Corp - Asset Composition Analysis
Current Asset Composition (December 2003)
Megatech Corp's total assets of $870.63K consist of 91.6% current assets and 8.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.4% |
| Accounts Receivable | $133.67K | 16.1% |
| Inventory | $418.71K | 50.5% |
| Property, Plant & Equipment | $62.10K | 7.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2003)
This chart illustrates how Megatech 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: Megatech Corp's current assets represent 91.6% of total assets in 2003, an increase from 90.8% in 1999.
- Cash Position: Cash and equivalents constituted 24.4% of total assets in 2003, up from 9.5% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is inventory at 50.5% of total assets.
Megatech Corp Competitors by Total Assets
Key competitors of Megatech Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Megatech 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 - Megatech Corp generates 3.83x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Megatech Corp generates $7.61 in net profit.
Megatech 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 | 2.21 | 3.20 | 2.85 |
| Quick Ratio | 0.71 | 1.70 | 1.48 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $445.92K | $ 695.96K | $ 431.10K |
Megatech Corp - Advanced Valuation Insights
This section examines the relationship between Megatech 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 | 0.89 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -25.7% |
| Total Assets | $829.33K |
| Market Capitalization | $544.38 USD |
Valuation Analysis
Below Book Valuation: The market values Megatech Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Megatech Corp's assets decreased by 25.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Megatech Corp (1999–2003)
The table below shows the annual total assets of Megatech Corp from 1999 to 2003.
| Year | Total Assets | Change |
|---|---|---|
| 2003-12-31 | $829.33K | -25.72% |
| 2002-12-31 | $1.12 Million | +78.64% |
| 2001-12-31 | $625.01K | -10.82% |
| 2000-12-31 | $700.82K | -11.87% |
| 1999-12-31 | $795.25K | -- |