PowerBand Solutions Inc
AmeriTrust Financial Technologies Inc. develops, markets, and sells access to cloud-based transaction platforms to finance and lease new and used vehicles. The company provides DrivrzFinancial, a new and used vehicle leasing platform. The company was formerly known as Powerband Solutions Inc. and changed its name to AmeriTrust Financial Technologies Inc. in October 2024. AmeriTrust Financial Tech… Read more
PowerBand Solutions Inc (PWWBF) - Total Assets
Latest total assets as of December 2024: $12.62 Million USD
Based on the latest financial reports, PowerBand Solutions Inc (PWWBF) holds total assets worth $12.62 Million USD as of December 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.
PowerBand Solutions Inc - Total Assets Trend (2011–2024)
This chart illustrates how PowerBand Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PowerBand Solutions Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
PowerBand Solutions Inc's total assets of $12.62 Million consist of 83.6% current assets and 16.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 79.6% |
| Accounts Receivable | $147.45K | 1.2% |
| 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 (2011–2024)
This chart illustrates how PowerBand Solutions 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: PowerBand Solutions Inc's current assets represent 83.6% of total assets in 2024, an increase from 74.8% in 2011.
- Cash Position: Cash and equivalents constituted 79.6% of total assets in 2024, up from 63.8% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
PowerBand Solutions Inc Competitors by Total Assets
Key competitors of PowerBand Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
PowerBand Solutions 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
Lower asset utilization - PowerBand Solutions Inc generates 0.17x 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, PowerBand Solutions Inc generates $ 48.91 in net profit.
PowerBand Solutions 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 | 1.61 | 0.14 | 0.32 |
| Quick Ratio | 1.61 | 0.14 | 0.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.00 Million | $ -15.93 Million | $ -5.75 Million |
PowerBand Solutions Inc - Advanced Valuation Insights
This section examines the relationship between PowerBand Solutions 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 | 10.30 |
| Latest Market Cap to Assets Ratio | 1.27 |
| Asset Growth Rate (YoY) | 83.8% |
| Total Assets | $12.62 Million |
| Market Capitalization | $16.03 Million USD |
Valuation Analysis
Above Book Valuation: The market values PowerBand Solutions Inc's assets above their book value (1.27 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: PowerBand Solutions Inc's assets grew by 83.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PowerBand Solutions Inc (2011–2024)
The table below shows the annual total assets of PowerBand Solutions Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $12.62 Million | +83.82% |
| 2023-12-31 | $6.86 Million | -60.17% |
| 2022-12-31 | $17.23 Million | -15.56% |
| 2021-12-31 | $20.41 Million | +47.49% |
| 2020-12-31 | $13.84 Million | +52.71% |
| 2019-12-31 | $9.06 Million | +146.54% |
| 2018-12-31 | $3.68 Million | +182.63% |
| 2017-12-31 | $1.30 Million | +2797.00% |
| 2017-10-31 | $44.89K | -60.53% |
| 2016-12-31 | $113.74K | -34.20% |
| 2015-12-31 | $172.86K | -19.65% |
| 2014-12-31 | $215.15K | -20.04% |
| 2013-12-31 | $269.08K | +624.29% |
| 2012-12-31 | $37.15K | +135.18% |
| 2011-12-31 | $15.80K | -- |