Reelcause Inc
Reelcause, Inc. does not have significant operations. The company intends to pursue the direct or indirect acquisition and development of real estate assets, and/or businesses related thereto. The company was formerly known as China Green Energy Industries, Inc. and changed its name to Reelcause, Inc. in December 2014. Reelcause, Inc. is based in Las Vegas, Nevada.
Reelcause Inc (RCIT) - Total Assets
Latest total assets as of June 2023: $16.00 USD
Based on the latest financial reports, Reelcause Inc (RCIT) holds total assets worth $16.00 USD as of June 2023.
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.
Reelcause Inc - Total Assets Trend (2008–2022)
This chart illustrates how Reelcause Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reelcause Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
Reelcause Inc's total assets of $16.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2008–2022)
This chart illustrates how Reelcause 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: Reelcause Inc's current assets represent 100.0% of total assets in 2022, unchanged from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2022, up from 96.6% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Reelcause Inc Competitors by Total Assets
Key competitors of Reelcause 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 |
Reelcause 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 - Reelcause Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Reelcause Inc is currently not profitable relative to its asset base.
Reelcause 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 | 0.00 | 0.05 | 4.27 |
| Quick Ratio | 0.00 | 0.05 | 4.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-485.18K | $ -242.19K | $ 7.50K |
Reelcause Inc - Advanced Valuation Insights
This section examines the relationship between Reelcause 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 | 0.06 |
| Latest Market Cap to Assets Ratio | 6267498021.59 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $16.00 |
| Market Capitalization | $100.28 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Reelcause Inc's assets at a significant premium ( 6267498021.59x), suggesting investors see substantial growth potential or unique competitive advantages.
Slight Asset Contraction: Reelcause Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Reelcause Inc (2008–2022)
The table below shows the annual total assets of Reelcause Inc from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $16.00 | 0.00% |
| 2021-12-31 | $16.00 | 0.00% |
| 2020-12-31 | $16.00 | 0.00% |
| 2019-12-31 | $16.00 | -99.99% |
| 2018-12-31 | $107.98K | -23.67% |
| 2017-12-31 | $141.47K | -0.69% |
| 2016-12-31 | $142.46K | +217.37% |
| 2015-12-31 | $44.89K | -78.62% |
| 2014-12-31 | $209.91K | -99.58% |
| 2011-12-31 | $50.13 Million | +40.54% |
| 2010-12-31 | $35.67 Million | +95417.88% |
| 2009-12-31 | $37.34K | -35.50% |
| 2008-12-31 | $57.89K | -- |