Mass Megawatts Wind Power, Inc.
Mass Megawatts Wind Power, Inc. engages in developing solar power systems for commercial and residential electric users in the United States. The company provides solar tracking systems to adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. It intends to build, patent, and operate wind energy generated power plants utilizing proprietary MultiAxi… Read more
Mass Megawatts Wind Power, Inc. (MMMWD) - Total Assets
Latest total assets as of January 2024: $3.25K USD
Based on the latest financial reports, Mass Megawatts Wind Power, Inc. (MMMWD) holds total assets worth $3.25K USD as of January 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.
Mass Megawatts Wind Power, Inc. - Total Assets Trend (2021–2023)
This chart illustrates how Mass Megawatts Wind Power, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mass Megawatts Wind Power, Inc. - Asset Composition Analysis
Current Asset Composition (April 2023)
Mass Megawatts Wind Power, Inc.'s total assets of $3.25K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 64.7% |
| 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 (2021–2023)
This chart illustrates how Mass Megawatts Wind Power, 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: Mass Megawatts Wind Power, Inc.'s current assets represent 100.0% of total assets in 2023, unchanged from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 64.7% of total assets in 2023, down from 98.6% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Mass Megawatts Wind Power, Inc. Competitors by Total Assets
Key competitors of Mass Megawatts Wind Power, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
China | CN¥23.04 Billion |
|
Tianjin Guangyu Development Co Ltd
SHE:000537
|
China | CN¥94.26 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
China | CN¥52.84 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
China | CN¥38.52 Billion |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
China | CN¥2.91 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
China | CN¥95.95 Billion |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
China | CN¥3.76 Billion |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
China | CN¥16.78 Billion |
Mass Megawatts Wind Power, 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 - Mass Megawatts Wind Power, 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 - Mass Megawatts Wind Power, Inc. is currently not profitable relative to its asset base.
Mass Megawatts Wind Power, 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 | 0.01 | 0.08 | 0.08 |
| Quick Ratio | 0.01 | 0.08 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-413.31K | $ -127.75K | $ -127.75K |
Mass Megawatts Wind Power, Inc. - Advanced Valuation Insights
This section examines the relationship between Mass Megawatts Wind Power, 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 | 1.28 |
| Asset Growth Rate (YoY) | -97.4% |
| Total Assets | $2.83K |
| Market Capitalization | $3.63K USD |
Valuation Analysis
Above Book Valuation: The market values Mass Megawatts Wind Power, Inc.'s assets above their book value (1.28 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Mass Megawatts Wind Power, Inc.'s assets decreased by 97.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Mass Megawatts Wind Power, Inc. (2021–2023)
The table below shows the annual total assets of Mass Megawatts Wind Power, Inc. from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-04-30 | $2.83K | -97.40% |
| 2022-04-30 | $108.86K | +51.86% |
| 2021-04-30 | $71.69K | -- |