New Century Resources Corporation
Colambda Technologies, Inc. operates as a research and development company in the alternative energy sector. It intends to develop the Emissions Zero Module, a product that connects to a vehicle battery to create a concentrated charge to the ignition system to enable a more complete burn and reduce carbon emissions. The company was incorporated in 1979 and is based in Tucson, Arizona.
New Century Resources Corporation (NCRE) - Total Assets
Latest total assets as of September 2022: $2.93 Million USD
Based on the latest financial reports, New Century Resources Corporation (NCRE) holds total assets worth $2.93 Million USD as of September 2022.
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.
New Century Resources Corporation - Total Assets Trend (2001–2021)
This chart illustrates how New Century Resources Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Century Resources Corporation - Asset Composition Analysis
Current Asset Composition (December 2021)
New Century Resources Corporation's total assets of $2.93 Million consist of 94.9% current assets and 5.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 80.1% |
| Accounts Receivable | $62.28K | 7755.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $40.90K | 5092.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2021)
This chart illustrates how New Century Resources Corporation'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: New Century Resources Corporation's current assets represent 94.9% of total assets in 2021, an increase from 0.0% in 2001.
- Cash Position: Cash and equivalents constituted 80.1% of total assets in 2021, up from 0.0% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is accounts receivable at 7755.7% of total assets.
New Century Resources Corporation Competitors by Total Assets
Key competitors of New Century Resources Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
New Century Resources Corporation - 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 - New Century Resources Corporation 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 - New Century Resources Corporation is currently not profitable relative to its asset base.
New Century Resources Corporation - 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 | 1.52 | 0.00 | -0.02 |
| Quick Ratio | 1.51 | 0.00 | -0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $986.21K | $ -280.84K | $ -126.87K |
New Century Resources Corporation - Advanced Valuation Insights
This section examines the relationship between New Century Resources Corporation'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 | 4.19 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $803.09 |
| Market Capitalization | $3.36K USD |
Valuation Analysis
Premium Asset Valuation: The market values New Century Resources Corporation's assets at a significant premium ( 4.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: New Century Resources Corporation's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for New Century Resources Corporation (2001–2021)
The table below shows the annual total assets of New Century Resources Corporation from 2001 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $803.09 | -- |
| 2020-12-31 | $0.00 | -- |
| 2019-12-31 | $1.97K | -- |
| 2018-12-31 | $0.00 | -- |
| 2017-12-31 | $0.00 | -- |
| 2016-12-31 | $0.00 | -- |
| 2004-12-31 | $-2.48K | +28.52% |
| 2002-12-31 | $-1.93K | -39.93% |
| 2001-12-31 | $-3.22K | -- |