Prestige Cars International Inc
Prestige Cars International, Inc. operates as a restorer and dealer of pre-owned Rolls Royce, Bentley and other high-end motor cars, including many collector's editions. The company is based in Ft. Lauderdale, Florida. As per the transaction announced on March 27, 2007, Prestige Cars International, Inc. is a subsidiary of Cambridge Park Limited, Inc.
Prestige Cars International Inc (PREC) - Total Assets
Latest total assets as of March 2025: $788.54K USD
Based on the latest financial reports, Prestige Cars International Inc (PREC) holds total assets worth $788.54K USD as of March 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.
Prestige Cars International Inc - Total Assets Trend (2018–2024)
This chart illustrates how Prestige Cars International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Prestige Cars International Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Prestige Cars International Inc's total assets of $788.54K consist of 99.9% current assets and 0.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $31.11K | 4.9% |
| Inventory | $566.30K | 88.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Prestige Cars 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: Prestige Cars International Inc's current assets represent 99.9% of total assets in 2024, an increase from 74.6% in 2018.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 6.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 88.9% of total assets.
Prestige Cars International Inc Competitors by Total Assets
Key competitors of Prestige Cars International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fujian Zhangzhou Development Co Ltd
SHE:000753
|
China | CN¥12.42 Billion |
|
Deutsch Motors Inc
KQ:067990
|
Korea | ₩1.68 Trillion |
|
CarGurus Inc
F:0C6
|
Germany | €660.47 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
Germany | €25.97 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
Taiwan | NT$512.01 Billion |
|
Pan German Universal Motors Ltd.
TW:2247
|
Taiwan | NT$21.81 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.44 Billion |
|
K Car Co Ltd
KO:381970
|
Korea | ₩553.16 Billion |
Prestige Cars 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
Strong asset utilization - Prestige Cars International Inc generates 3.95x 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, Prestige Cars International Inc generates $ 21.84 in net profit.
Prestige Cars 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 | 1.35 | 1.34 | 0.25 |
| Quick Ratio | 0.39 | 0.34 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $205.08K | $ 174.67K | $ -5.05 Million |
Prestige Cars International Inc - Advanced Valuation Insights
This section examines the relationship between Prestige Cars 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.3% |
| Total Assets | $637.05K |
| Market Capitalization | $61.00 USD |
Valuation Analysis
Below Book Valuation: The market values Prestige Cars International Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Prestige Cars International Inc's assets grew by 0.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Prestige Cars International Inc (2018–2024)
The table below shows the annual total assets of Prestige Cars International Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $637.05K | +0.31% |
| 2023-12-31 | $635.11K | -53.06% |
| 2022-12-31 | $1.35 Million | -22.01% |
| 2021-12-31 | $1.74 Million | +157.61% |
| 2020-12-31 | $673.52K | -24.22% |
| 2019-12-31 | $888.83K | +12.67% |
| 2018-12-31 | $788.85K | -- |