Proxim Wireless Corporation

PINK:PRXM USA Communication Equipment
Market Cap
$2.35K
Market Cap Rank
#50158 Global
#15316 in USA
Share Price
$0.01
Change (1 day)
+0.00%
52-Week Range
$0.01 - $0.01
All Time High
$8.20
About

Proxim Wireless Corporation provides Wi-Fi, point-to-point, and point-to-multipoint 4G wireless network technologies for wireless Internet, video surveillance, and backhaul applications. It offers wireless broadband and backhaul products, wireless LAN access products, and network controllers. The company's products have applications in transportation, video surveillance, mobility, Wi-Fi offload, … Read more

Proxim Wireless Corporation (PRXM) - Total Assets

Latest total assets as of September 2010: $15.61 Million USD

Based on the latest financial reports, Proxim Wireless Corporation (PRXM) holds total assets worth $15.61 Million USD as of September 2010.

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.

Proxim Wireless Corporation - Total Assets Trend (1998–2009)

This chart illustrates how Proxim Wireless Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Proxim Wireless Corporation - Asset Composition Analysis

Current Asset Composition (December 2009)

Proxim Wireless Corporation's total assets of $15.61 Million consist of 60.6% current assets and 39.4% non-current assets.

Asset Category Amount (USD) % of Total Assets
Cash & Equivalents $0.00 28.8%
Accounts Receivable $2.98 Million 15.0%
Inventory $2.95 Million 14.9%
Property, Plant & Equipment $2.62 Million 13.2%
Intangible Assets $4.74 Million 23.9%
Goodwill $0.00 0.0%

Asset Composition Trend (1998–2009)

This chart illustrates how Proxim Wireless Corporation'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: Proxim Wireless Corporation's current assets represent 60.6% of total assets in 2009, an increase from 60.0% in 1998.
  • Cash Position: Cash and equivalents constituted 28.8% of total assets in 2009, up from 17.6% in 1998.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, an increase from 0.0% in 1998.
  • Asset Diversification: The largest asset category is intangible assets at 23.9% of total assets.

Proxim Wireless Corporation Competitors by Total Assets

Key competitors of Proxim Wireless Corporation based on total assets are shown below.

Proxim Wireless Corporation - 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

Historical Range: 0.30 - 2.37

Strong asset utilization - Proxim Wireless Corporation generates 1.49x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -59.68% - 22.22%

Negative ROA - Proxim Wireless Corporation is currently not profitable relative to its asset base.

Proxim Wireless Corporation - 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 0.85 1.20 2.08
Quick Ratio 0.66 0.88 1.40
Cash Ratio 0.00 0.00 0.00
Working Capital $-1.57 Million $ 2.46 Million $ 14.74 Million

Proxim Wireless Corporation - Advanced Valuation Insights

This section examines the relationship between Proxim Wireless Corporation'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 4.45
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -18.4%
Total Assets $19.86 Million
Market Capitalization $90.87 USD

Valuation Analysis

Below Book Valuation: The market values Proxim Wireless Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Proxim Wireless Corporation's assets decreased by 18.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Proxim Wireless Corporation (1998–2009)

The table below shows the annual total assets of Proxim Wireless Corporation from 1998 to 2009.

Year Total Assets Change
2009-12-31 $19.86 Million -18.41%
2008-12-31 $24.34 Million -33.16%
2007-12-31 $36.41 Million -27.00%
2006-12-31 $49.88 Million -33.28%
2005-12-31 $74.76 Million -3.27%
2004-12-31 $77.28 Million +273.01%
2003-12-31 $20.72 Million +141.71%
2002-12-31 $8.57 Million -71.13%
2001-12-31 $29.69 Million -54.69%
2000-12-31 $65.54 Million +159.07%
1999-12-31 $25.30 Million +69.15%
1998-12-31 $14.96 Million --