Power Solutions International Inc
Power Solutions International, Inc. designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers engine blocks integrated with fuel system parts, as well as completely packaged power systems, that include combinations of front accessory drives, cooling systems, electronic system… Read more
Power Solutions International Inc (PSIX) - Total Assets
Latest total assets as of September 2024: $339.13 Million USD
Based on the latest financial reports, Power Solutions International Inc (PSIX) holds total assets worth $339.13 Million USD as of September 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.
Power Solutions International Inc - Total Assets Trend (2004–2023)
This chart illustrates how Power Solutions International Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Power Solutions International Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Power Solutions International Inc's total assets of $339.13 Million consist of 72.2% current assets and 27.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.0% |
| Accounts Receivable | $67.53 Million | 23.8% |
| Inventory | $84.95 Million | 29.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.91 Million | 1.4% |
| Goodwill | $29.84 Million | 10.5% |
Asset Composition Trend (2004–2023)
This chart illustrates how Power Solutions 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: Power Solutions International Inc's current assets represent 72.2% of total assets in 2023, an increase from 50.7% in 2004.
- Cash Position: Cash and equivalents constituted 8.0% of total assets in 2023, down from 25.5% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 29.9% of total assets.
Power Solutions International Inc Competitors by Total Assets
Key competitors of Power Solutions International Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Power Solutions 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 - Power Solutions International Inc generates 1.61x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Power Solutions International Inc generates $9.25 in net profit.
Power Solutions 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 | 1.02 | 0.82 | 1.23 |
| Quick Ratio | 0.62 | 0.48 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.95 Million | $ -49.92 Million | $ 40.94 Million |
Power Solutions International Inc - Advanced Valuation Insights
This section examines the relationship between Power Solutions 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 | 12.81 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -11.1% |
| Total Assets | $284.30 Million |
| Market Capitalization | $151.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Power Solutions International Inc's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Power Solutions International Inc's assets decreased by 11.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Power Solutions International Inc (2004–2023)
The table below shows the annual total assets of Power Solutions International Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $284.30 Million | -11.13% |
| 2022-12-31 | $319.91 Million | +6.45% |
| 2021-12-31 | $300.54 Million | +5.83% |
| 2020-12-31 | $283.98 Million | -2.04% |
| 2019-12-31 | $289.88 Million | +17.35% |
| 2018-12-31 | $247.02 Million | 0.00% |
| 2017-12-31 | $247.02 Million | -6.65% |
| 2016-12-31 | $264.62 Million | -26.48% |
| 2015-12-31 | $359.94 Million | +37.05% |
| 2014-12-31 | $262.64 Million | +107.42% |
| 2013-12-31 | $126.62 Million | +39.50% |
| 2012-12-31 | $90.77 Million | +27.69% |
| 2011-12-31 | $71.08 Million | +132100.71% |
| 2010-12-31 | $53.77K | -18.90% |
| 2009-12-31 | $66.30K | +75.20% |
| 2008-12-31 | $37.84K | -1.16% |
| 2007-12-31 | $38.29K | -56.47% |
| 2006-12-31 | $87.95K | -18.32% |
| 2005-12-31 | $107.69K | -26.93% |
| 2004-12-31 | $147.37K | -- |