Parkit Enterprise Inc
Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouv… Read more
Parkit Enterprise Inc (PKTEF) - Total Assets
Latest total assets as of September 2025: $311.35 Million USD
Based on the latest financial reports, Parkit Enterprise Inc (PKTEF) holds total assets worth $311.35 Million USD as of September 2025.
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.
Parkit Enterprise Inc - Total Assets Trend (2008–2024)
This chart illustrates how Parkit Enterprise Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Parkit Enterprise Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Parkit Enterprise Inc's total assets of $311.35 Million consist of 2.7% current assets and 97.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $3.51 Million | 1.1% |
| 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 (2008–2024)
This chart illustrates how Parkit Enterprise 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: Parkit Enterprise Inc's current assets represent 2.7% of total assets in 2024, a decrease from 22.3% in 2008.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 17.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 1.1% of total assets.
Parkit Enterprise Inc Competitors by Total Assets
Key competitors of Parkit Enterprise Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Accentis
BR:ACCB
|
Belgium | €58.38 Million |
|
Fundamenta Real Estate AG
SW:FREN
|
Switzerland | CHF1.24 Billion |
|
Alveen
PA:MLALV
|
France | €1.52 Million |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Parkit Enterprise 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 - Parkit Enterprise Inc generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Parkit Enterprise Inc is currently not profitable relative to its asset base.
Parkit Enterprise 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 | 0.20 | 1.16 | 76.78 |
| Quick Ratio | 0.20 | 1.16 | 76.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-33.21 Million | $ 1.52 Million | $ 81.88 Million |
Parkit Enterprise Inc - Advanced Valuation Insights
This section examines the relationship between Parkit Enterprise 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 | 0.85 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | $330.66 Million |
| Market Capitalization | $35.71 Million USD |
Valuation Analysis
Below Book Valuation: The market values Parkit Enterprise Inc's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Parkit Enterprise Inc's assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Parkit Enterprise Inc (2008–2024)
The table below shows the annual total assets of Parkit Enterprise Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $330.66 Million | +1.89% |
| 2023-12-31 | $324.53 Million | +35.43% |
| 2022-12-31 | $239.63 Million | +34.90% |
| 2021-12-31 | $177.64 Million | +194.44% |
| 2020-12-31 | $60.33 Million | +191.52% |
| 2019-12-31 | $20.70 Million | -9.69% |
| 2018-12-31 | $22.92 Million | +31.74% |
| 2017-12-31 | $17.39 Million | +2.15% |
| 2016-12-31 | $17.03 Million | +0.18% |
| 2015-12-31 | $17.00 Million | -29.51% |
| 2014-12-31 | $24.11 Million | +33.88% |
| 2013-12-31 | $18.01 Million | +2.92% |
| 2012-12-31 | $17.50 Million | -9.86% |
| 2011-12-31 | $19.42 Million | -3.39% |
| 2010-12-31 | $20.10 Million | +520.36% |
| 2009-12-31 | $3.24 Million | +58.63% |
| 2008-12-31 | $2.04 Million | -- |