Qualstar Corporation
Qualstar Corporation, together with its subsidiaries, manufactures and markets data storage system products and power solutions worldwide. The company operates in two segments, Data Storage and Power Supplies. It provides data storage systems under the Qualstar brand and power solutions under the N2Power brand. The company designs, manufactures, and sells switching power supplies that are used to… Read more
Qualstar Corporation (QBAK) - Total Assets
Latest total assets as of June 2025: $6.52 Million USD
Based on the latest financial reports, Qualstar Corporation (QBAK) holds total assets worth $6.52 Million USD as of June 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.
Qualstar Corporation - Total Assets Trend (1998–2024)
This chart illustrates how Qualstar Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Qualstar Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Qualstar Corporation's total assets of $6.52 Million consist of 92.8% current assets and 7.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.7% |
| Accounts Receivable | $681.00K | 10.1% |
| Inventory | $2.79 Million | 41.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2024)
This chart illustrates how Qualstar 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: Qualstar Corporation's current assets represent 92.8% of total assets in 2024, a decrease from 96.3% in 1998.
- Cash Position: Cash and equivalents constituted 35.7% of total assets in 2024, up from 16.5% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 41.6% of total assets.
Qualstar Corporation Competitors by Total Assets
Key competitors of Qualstar Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Paru Co. Ltd
KQ:043200
|
Korea | ₩58.09 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
China | CN¥17.06 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
Qualstar 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
Strong asset utilization - Qualstar Corporation generates 1.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Qualstar Corporation is currently not profitable relative to its asset base.
Qualstar 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 | 6.88 | 4.43 | 4.06 |
| Quick Ratio | 3.97 | 2.58 | 2.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.23 Million | $ 5.00 Million | $ 6.43 Million |
Qualstar Corporation - Advanced Valuation Insights
This section examines the relationship between Qualstar 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 | 0.70 |
| Latest Market Cap to Assets Ratio | 1.02 |
| Asset Growth Rate (YoY) | -16.5% |
| Total Assets | $6.72 Million |
| Market Capitalization | $6.88 Million USD |
Valuation Analysis
Above Book Valuation: The market values Qualstar Corporation's assets above their book value (1.02 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Qualstar Corporation's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Qualstar Corporation (1998–2024)
The table below shows the annual total assets of Qualstar Corporation from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.72 Million | -16.49% |
| 2023-12-31 | $8.05 Million | -0.52% |
| 2022-12-31 | $8.10 Million | -6.83% |
| 2021-12-31 | $8.69 Million | +3.15% |
| 2020-12-31 | $8.42 Million | -16.09% |
| 2019-12-31 | $10.04 Million | +0.40% |
| 2018-12-31 | $10.00 Million | +16.70% |
| 2017-12-31 | $8.57 Million | +17.95% |
| 2016-12-31 | $7.26 Million | -16.78% |
| 2015-12-31 | $8.73 Million | -31.74% |
| 2014-12-31 | $12.79 Million | -23.38% |
| 2013-12-31 | $16.69 Million | -34.60% |
| 2012-12-31 | $25.51 Million | -20.11% |
| 2011-12-31 | $31.93 Million | -1.80% |
| 2010-12-31 | $32.52 Million | -11.13% |
| 2009-12-31 | $36.59 Million | -14.22% |
| 2008-12-31 | $42.66 Million | -3.19% |
| 2007-12-31 | $44.06 Million | -2.94% |
| 2006-12-31 | $45.40 Million | -3.06% |
| 2005-12-31 | $46.83 Million | -4.13% |
| 2004-12-31 | $48.85 Million | -4.42% |
| 2003-12-31 | $51.11 Million | +0.67% |
| 2002-12-31 | $50.77 Million | +6.03% |
| 2001-12-31 | $47.88 Million | +7.06% |
| 2000-12-31 | $44.72 Million | +17.74% |
| 1999-12-31 | $37.98 Million | +193.31% |
| 1998-12-31 | $12.95 Million | -- |