Passur Aerospace Inc
PASSUR Aerospace, Inc., a business intelligence company, provides predictive analytics and decision support technology for the aviation industry in the United States and internationally. The company's products include ARiVAT EMPO, a dynamic gate-to-gate global flight tracking; ARiVA AWARE that provides continuous forecasts and alerts to optimize airline and airport operations; and ARiVA WORKFLOW,… Read more
Passur Aerospace Inc (PSSR) - Total Assets
Latest total assets as of July 2022: $2.13 Million USD
Based on the latest financial reports, Passur Aerospace Inc (PSSR) holds total assets worth $2.13 Million USD as of July 2022.
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.
Passur Aerospace Inc - Total Assets Trend (1987–2021)
This chart illustrates how Passur Aerospace Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Passur Aerospace Inc - Asset Composition Analysis
Current Asset Composition (October 2021)
Passur Aerospace Inc's total assets of $2.13 Million consist of 68.4% current assets and 31.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 40.9% |
| Accounts Receivable | $808.61K | 21.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $427.77K | 11.2% |
| Intangible Assets | $738.00K | 19.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1987–2021)
This chart illustrates how Passur Aerospace 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: Passur Aerospace Inc's current assets represent 68.4% of total assets in 2021, a decrease from 73.0% in 1987.
- Cash Position: Cash and equivalents constituted 40.9% of total assets in 2021, up from 21.4% in 1987.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 0.0% in 1987.
- Asset Diversification: The largest asset category is accounts receivable at 21.1% of total assets.
Passur Aerospace Inc Competitors by Total Assets
Key competitors of Passur Aerospace Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
China | CN¥3.92 Billion |
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
China | CN¥16.46 Billion |
|
Zhejiang XiaSha Precision
SHE:001316
|
China | CN¥1.42 Billion |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
China | CN¥6.80 Billion |
|
Aerospace CH UAV Co Ltd
SHE:002389
|
China | CN¥10.31 Billion |
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
China | CN¥11.38 Billion |
|
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A
SHE:002933
|
China | CN¥2.40 Billion |
|
Beijing Bei Mo Gao Ke Friction Mate
SHE:002985
|
China | CN¥3.82 Billion |
Passur Aerospace 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 - Passur Aerospace Inc generates 1.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Passur Aerospace Inc generates $ 2.43 in net profit.
Passur Aerospace 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 | 0.43 | 0.74 | 0.37 |
| Quick Ratio | 0.43 | 0.74 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.89 Million | $ -1.31 Million | $ -3.20 Million |
Passur Aerospace Inc - Advanced Valuation Insights
This section examines the relationship between Passur Aerospace 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 | 123.90 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -28.1% |
| Total Assets | $3.84 Million |
| Market Capitalization | $317.82 USD |
Valuation Analysis
Below Book Valuation: The market values Passur Aerospace Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Passur Aerospace Inc's assets decreased by 28.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Passur Aerospace Inc (1987–2021)
The table below shows the annual total assets of Passur Aerospace Inc from 1987 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-10-31 | $3.84 Million | -28.14% |
| 2020-10-31 | $5.34 Million | -63.04% |
| 2019-10-31 | $14.45 Million | -5.04% |
| 2018-10-31 | $15.21 Million | -14.56% |
| 2017-10-31 | $17.81 Million | -10.45% |
| 2016-10-31 | $19.88 Million | +0.88% |
| 2015-10-31 | $19.71 Million | +6.58% |
| 2014-10-31 | $18.49 Million | +1.17% |
| 2013-10-31 | $18.28 Million | +0.90% |
| 2012-10-31 | $18.12 Million | +19.83% |
| 2011-10-31 | $15.12 Million | +13.85% |
| 2010-10-31 | $13.28 Million | +13.39% |
| 2009-10-31 | $11.71 Million | +12.94% |
| 2008-10-31 | $10.37 Million | +30.78% |
| 2007-10-31 | $7.93 Million | +31.52% |
| 2006-10-31 | $6.03 Million | +40.62% |
| 2005-10-31 | $4.29 Million | +4.96% |
| 2004-10-31 | $4.08 Million | -9.90% |
| 2003-10-31 | $4.53 Million | +1.87% |
| 2002-10-31 | $4.45 Million | +32.58% |
| 2001-10-31 | $3.36 Million | +42.94% |
| 2000-10-31 | $2.35 Million | +46.76% |
| 1999-10-31 | $1.60 Million | -10.86% |
| 1998-10-31 | $1.79 Million | -30.84% |
| 1997-10-31 | $2.60 Million | +19.05% |
| 1996-10-31 | $2.18 Million | -52.09% |
| 1991-10-31 | $4.55 Million | -23.91% |
| 1990-10-31 | $5.98 Million | -8.28% |
| 1989-10-31 | $6.52 Million | -26.41% |
| 1988-10-31 | $8.86 Million | -14.40% |
| 1987-10-31 | $10.35 Million | -- |