Nofire Technologies Inc
NoFire Technologies, Inc. develops and sells fire-retardant coatings and textile wrap systems for commercial, industrial, marine, aerospace, nuclear, military, and residential applications. NoFire Technologies, Inc. was founded in 1987 and is based in Upper Saddle River, New Jersey.
Nofire Technologies Inc (NFTI) - Total Assets
Latest total assets as of May 2010: $273.01K USD
Based on the latest financial reports, Nofire Technologies Inc (NFTI) holds total assets worth $273.01K USD as of May 2010.
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.
Nofire Technologies Inc - Total Assets Trend (2000–2024)
This chart illustrates how Nofire Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nofire Technologies Inc - Asset Composition Analysis
Current Asset Composition (August 2024)
Nofire Technologies Inc's total assets of $273.01K consist of 88.1% current assets and 11.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.1% |
| Accounts Receivable | $30.20K | 15.4% |
| Inventory | $14.10K | 7.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Nofire Technologies 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: Nofire Technologies Inc's current assets represent 88.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 12.1% of total assets in 2024, down from 29.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 8.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 15.4% of total assets.
Nofire Technologies Inc Competitors by Total Assets
Key competitors of Nofire Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Nofire Technologies 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
Strong asset utilization - Nofire Technologies Inc generates 3.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nofire Technologies Inc is currently not profitable relative to its asset base.
Nofire Technologies 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 | 0.03 | 0.03 | 0.03 |
| Quick Ratio | 0.02 | 0.02 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.12 Million | $ -6.44 Million | $ -6.44 Million |
Nofire Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Nofire Technologies 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) | -39.3% |
| Total Assets | $196.64K |
| Market Capitalization | $5.57 USD |
Valuation Analysis
Below Book Valuation: The market values Nofire Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nofire Technologies Inc's assets decreased by 39.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nofire Technologies Inc (2000–2024)
The table below shows the annual total assets of Nofire Technologies Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | $196.64K | -39.32% |
| 2023-08-31 | $324.06K | +34.19% |
| 2009-08-31 | $241.49K | -33.21% |
| 2008-08-31 | $361.59K | -35.71% |
| 2007-08-31 | $562.39K | +340.33% |
| 2006-08-31 | $127.72K | -6.33% |
| 2005-08-31 | $136.35K | -25.49% |
| 2004-08-31 | $182.99K | -53.44% |
| 2003-08-31 | $393.00K | +50.00% |
| 2002-08-31 | $262.00K | -19.38% |
| 2001-08-31 | $325.00K | -6.34% |
| 2000-08-31 | $347.00K | -- |