Newron Sport
Newron Sport engages in the development and distribution of a patented tandem device, a product that focuses on recreational use and sports. It offers ROLLER HOCKEY PRO that are designed to fit on most ice hockey skate boots; and ROLLER FITNESS PRO, which are designed to fit on most speed skate boots that allows athletes to improve their performance. The company provides ROLLER HOCKEY PRO, ROLLER… Read more
Newron Sport (NSPT) - Total Assets
Latest total assets as of June 2024: $3.15K USD
Based on the latest financial reports, Newron Sport (NSPT) holds total assets worth $3.15K USD as of June 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.
Newron Sport - Total Assets Trend (1998–2023)
This chart illustrates how Newron Sport’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newron Sport - Asset Composition Analysis
Current Asset Composition (December 2023)
Newron Sport's total assets of $3.15K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| 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 (1998–2023)
This chart illustrates how Newron Sport'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: Newron Sport's current assets represent 100.0% of total assets in 2023, an increase from 48.0% in 1998.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2023, up from 2.6% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Newron Sport Competitors by Total Assets
Key competitors of Newron Sport based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
Newron Sport - 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 - Newron Sport 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 - Newron Sport is currently not profitable relative to its asset base.
Newron Sport - 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 | 0.02 | 0.09 | 0.09 |
| Quick Ratio | 0.01 | 0.07 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-609.92K | $ -2.57 Million | $ -2.57 Million |
Newron Sport - Advanced Valuation Insights
This section examines the relationship between Newron Sport'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) | -62.3% |
| Total Assets | $8.34K |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values Newron Sport's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Newron Sport's assets decreased by 62.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Newron Sport (1998–2023)
The table below shows the annual total assets of Newron Sport from 1998 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $8.34K | -62.25% |
| 2022-12-31 | $22.09K | -66.54% |
| 2009-12-31 | $66.02K | +213.55% |
| 2008-12-31 | $21.05K | -96.20% |
| 2003-12-31 | $553.83K | -39.35% |
| 2002-12-31 | $913.15K | +119.09% |
| 1999-12-31 | $416.80K | -67.66% |
| 1998-12-31 | $1.29 Million | -- |