Enerkon Solar International Inc
New Technology Acquisition Holdings, Inc. operates as a scientific, research, and development company. It holds intellectual property rights related to compression technology, encryption, and other technology connected to defense, bio-tech, agri-tech, geno-tech, artificial intelligence, and related disciplines. The company was formerly known as Enerkon Solar International, Inc. and changed its na… Read more
Enerkon Solar International Inc (NTAC) - Total Assets
Latest total assets as of September 2023: $239.66 Million USD
Based on the latest financial reports, Enerkon Solar International Inc (NTAC) holds total assets worth $239.66 Million USD as of September 2023.
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.
Enerkon Solar International Inc - Total Assets Trend (2000–2023)
This chart illustrates how Enerkon Solar International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Enerkon Solar International Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
Enerkon Solar International Inc's total assets of $239.66 Million consist of 9.7% current assets and 90.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.2% |
| Accounts Receivable | $13.11 Million | 5.5% |
| 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 (2000–2023)
This chart illustrates how Enerkon Solar International 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: Enerkon Solar International Inc's current assets represent 9.7% of total assets in 2023, an increase from 3.7% in 2000.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2023, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 5.5% of total assets.
Enerkon Solar International Inc Competitors by Total Assets
Key competitors of Enerkon Solar International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
Enerkon Solar International 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 - Enerkon Solar International Inc generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Enerkon Solar International Inc generates $ 11.25 in net profit.
Enerkon Solar International 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 | 10.96 | 21.16 | 14.97 |
| Quick Ratio | 10.96 | 20.41 | 14.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $21.16 Million | $ 18.13 Million | $ 269.69K |
Enerkon Solar International Inc - Advanced Valuation Insights
This section examines the relationship between Enerkon Solar International 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 | 30.90 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 39.1% |
| Total Assets | $239.66 Million |
| Market Capitalization | $7.76K USD |
Valuation Analysis
Below Book Valuation: The market values Enerkon Solar International Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Enerkon Solar International Inc's assets grew by 39.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Enerkon Solar International Inc (2000–2023)
The table below shows the annual total assets of Enerkon Solar International Inc from 2000 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $239.66 Million | +39.09% |
| 2022-09-30 | $172.31 Million | +348.96% |
| 2021-09-30 | $38.38 Million | -60.23% |
| 2020-09-30 | $96.51 Million | +22.57% |
| 2019-09-30 | $78.74 Million | -14.55% |
| 2018-09-30 | $92.15 Million | +57397.34% |
| 2017-09-30 | $160.26K | -41.81% |
| 2016-09-30 | $275.41K | -42.62% |
| 2015-09-30 | $479.95K | +36.26% |
| 2014-09-30 | $352.22K | -7.83% |
| 2013-09-30 | $382.16K | -18.08% |
| 2012-09-30 | $466.51K | -67.24% |
| 2001-09-30 | $1.42 Million | +17.85% |
| 2000-09-30 | $1.21 Million | -- |