Ultrack Systems Inc
Ultrack Systems, Inc. operates in the fleet tracking industry. Its products include battery-powered asset tracking devices, solar powered asset tracking devices, hard wired GPS trackers, GPS padlocks, plug and play trackers, iridium satellite trackers, and GPS dash camera tracker, as well as yard camera HD 720P solar and battery power IP yard cameras. The company also engages in manufacturing pet… Read more
Ultrack Systems Inc (MJLB) - Total Assets
Latest total assets as of March 2025: $1.39 Million USD
Based on the latest financial reports, Ultrack Systems Inc (MJLB) holds total assets worth $1.39 Million USD as of March 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.
Ultrack Systems Inc - Total Assets Trend (2005–2024)
This chart illustrates how Ultrack Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ultrack Systems Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Ultrack Systems Inc's total assets of $1.39 Million consist of 17.7% current assets and 82.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $113.09K | 8.2% |
| Inventory | $125.00K | 9.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.14 Million | 82.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Ultrack Systems 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: Ultrack Systems Inc's current assets represent 17.7% of total assets in 2024, a decrease from 78.0% in 2005.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 4.4% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 82.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is intangible assets at 82.3% of total assets.
Ultrack Systems Inc Competitors by Total Assets
Key competitors of Ultrack Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
Ultrack Systems 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 - Ultrack Systems Inc generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ultrack Systems Inc is currently not profitable relative to its asset base.
Ultrack Systems 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 | 72.93 | 93.22 | 0.25 |
| Quick Ratio | 37.17 | 46.25 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $251.46K | $ 245.40K | $ -126.67K |
Ultrack Systems Inc - Advanced Valuation Insights
This section examines the relationship between Ultrack Systems 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) | -6.7% |
| Total Assets | $1.39 Million |
| Market Capitalization | $2.96 USD |
Valuation Analysis
Below Book Valuation: The market values Ultrack Systems Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ultrack Systems Inc's assets decreased by 6.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ultrack Systems Inc (2005–2024)
The table below shows the annual total assets of Ultrack Systems Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.39 Million | -6.66% |
| 2023-12-31 | $1.49 Million | +16.34% |
| 2022-12-31 | $1.28 Million | +85.84% |
| 2021-12-31 | $687.55K | +80.62% |
| 2020-12-31 | $380.66K | +95.16% |
| 2019-12-31 | $195.05K | -25.56% |
| 2018-12-31 | $262.02K | +76.54% |
| 2017-12-31 | $148.42K | -11.04% |
| 2016-12-31 | $166.84K | +17.58% |
| 2015-12-31 | $141.89K | -65.71% |
| 2014-12-31 | $413.80K | +1102.28% |
| 2012-12-31 | $34.42K | -97.04% |
| 2008-12-31 | $1.16 Million | +5.92% |
| 2007-12-31 | $1.10 Million | -5.72% |
| 2006-12-31 | $1.16 Million | +51.85% |
| 2005-12-31 | $766.95K | -- |