Micro Imaging Technology Inc
Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical industries in the United States. The company is developing a laser-based rapid microbial identification system capable of identifying pathogenic bacteria. The company has a collaboration Northern Michigan University to investigate an alternative pathogen sample preparation method tha… Read more
Micro Imaging Technology Inc (MMTC) - Total Assets
Latest total assets as of July 2014: $146.82K USD
Based on the latest financial reports, Micro Imaging Technology Inc (MMTC) holds total assets worth $146.82K USD as of July 2014.
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.
Micro Imaging Technology Inc - Total Assets Trend (1997–2013)
This chart illustrates how Micro Imaging Technology Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Micro Imaging Technology Inc - Asset Composition Analysis
Current Asset Composition (October 2013)
Micro Imaging Technology Inc's total assets of $146.82K consist of 39.7% current assets and 60.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $67.49K | 36.5% |
| Property, Plant & Equipment | $76.26K | 41.2% |
| Intangible Assets | $35.31K | 19.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–2013)
This chart illustrates how Micro Imaging Technology 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: Micro Imaging Technology Inc's current assets represent 39.7% of total assets in 2013, a decrease from 49.8% in 1997.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2013, down from 41.1% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, a decrease from 49.0% in 1997.
- Asset Diversification: The largest asset category is property, plant & equipment at 41.2% of total assets.
Micro Imaging Technology Inc Competitors by Total Assets
Key competitors of Micro Imaging Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Micro Imaging Technology 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 - Micro Imaging Technology 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 - Micro Imaging Technology Inc is currently not profitable relative to its asset base.
Micro Imaging Technology 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 | 0.05 | 0.07 | 0.10 |
| Quick Ratio | 0.00 | 0.00 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.47 Million | $ -990.07K | $ -1.10 Million |
Micro Imaging Technology Inc - Advanced Valuation Insights
This section examines the relationship between Micro Imaging Technology 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) | -35.1% |
| Total Assets | $184.96K |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values Micro Imaging Technology Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Micro Imaging Technology Inc's assets decreased by 35.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Micro Imaging Technology Inc (1997–2013)
The table below shows the annual total assets of Micro Imaging Technology Inc from 1997 to 2013.
| Year | Total Assets | Change |
|---|---|---|
| 2013-10-31 | $184.96K | -35.14% |
| 2012-10-31 | $285.16K | +237.06% |
| 2011-10-31 | $84.60K | -50.29% |
| 2010-10-31 | $170.19K | +0.11% |
| 2009-10-31 | $170.00K | -71.40% |
| 2008-10-31 | $594.40K | +93.60% |
| 2007-10-31 | $307.03K | +123.58% |
| 2006-10-31 | $137.32K | -88.81% |
| 2005-10-31 | $1.23 Million | -55.57% |
| 2004-10-31 | $2.76 Million | +0.01% |
| 2003-10-31 | $2.76 Million | -10.50% |
| 2002-10-31 | $3.09 Million | -7.56% |
| 2001-10-31 | $3.34 Million | +158.67% |
| 2000-10-31 | $1.29 Million | -8.80% |
| 1999-10-31 | $1.42 Million | +2.07% |
| 1998-10-31 | $1.39 Million | +54.93% |
| 1997-10-31 | $894.95K | -- |