Profitable Develop
Profitable Developments, Inc. operates as a property development company. It is involved in the acquisition of financially distressed properties; the short and long term rental of properties; and the development of commercial property upon land, which was sold due to financial distress. The company was formerly known as Stratton Holdings, Inc. and changed its name to Profitable Developments, Inc.… Read more
Profitable Develop (PRDL) - Total Assets
Latest total assets as of June 2024: $4.24K USD
Based on the latest financial reports, Profitable Develop (PRDL) holds total assets worth $4.24K 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.
Profitable Develop - Total Assets Trend (2010–2023)
This chart illustrates how Profitable Develop’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Profitable Develop - Asset Composition Analysis
Current Asset Composition (December 2023)
Profitable Develop's total assets of $4.24K 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 (2010–2023)
This chart illustrates how Profitable Develop'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: Profitable Develop's current assets represent 100.0% of total assets in 2023, an increase from 22.9% in 2010.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2023, up from 1.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Profitable Develop Competitors by Total Assets
Key competitors of Profitable Develop based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
USA | $239.11 Million |
|
ChampionsGate Acquisition Corp
NASDAQ:CHPGU
|
USA | $76.27 Million |
|
Atlas Resources International Inc
PINK:ALSI
|
USA | $6.96K |
|
Itokk Inc
PINK:IKTO
|
USA | $2.24 Million |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
|
Aloys Inc.
KQ:297570
|
Korea | ₩111.17 Billion |
|
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
|
Korea | ₩255.48 Billion |
Profitable Develop - 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 - Profitable Develop 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 - Profitable Develop is currently not profitable relative to its asset base.
Profitable Develop - 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 | 0.09 | 0.28 |
| Quick Ratio | 0.03 | 0.09 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-122.00K | $ -101.52K | $ -117.37K |
Profitable Develop - Advanced Valuation Insights
This section examines the relationship between Profitable Develop'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) | -7.2% |
| Total Assets | $9.75K |
| Market Capitalization | $1.94 USD |
Valuation Analysis
Below Book Valuation: The market values Profitable Develop's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Profitable Develop's assets decreased by 7.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Profitable Develop (2010–2023)
The table below shows the annual total assets of Profitable Develop from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $9.75K | -7.16% |
| 2022-12-31 | $10.50K | +9030.43% |
| 2013-12-31 | $115.00 | -99.91% |
| 2012-12-31 | $128.14K | +25.01% |
| 2011-12-31 | $102.50K | +12.15% |
| 2010-12-31 | $91.40K | -- |