Reach Messaging Hldg
Reach Messaging Holdings, Inc. develops and markets mobile applications in the United States. It is developing app platforms for hospitality, including restaurant and vineyards; local advertising; and health and fitness. The company offers Mall Buddy platform that enables in developing and launching retail apps for malls and life style centers; and celebrity app platform, which enables in develop… Read more
Reach Messaging Hldg (RCMH) - Total Assets
Latest total assets as of June 2011: $70.08K USD
Based on the latest financial reports, Reach Messaging Hldg (RCMH) holds total assets worth $70.08K USD as of June 2011.
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.
Reach Messaging Hldg - Total Assets Trend (2007–2010)
This chart illustrates how Reach Messaging Hldg’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reach Messaging Hldg - Asset Composition Analysis
Current Asset Composition (December 2010)
Reach Messaging Hldg's total assets of $70.08K consist of 91.1% current assets and 8.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 87.3% |
| Accounts Receivable | $2.94K | 3.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $1.94K | 2.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2010)
This chart illustrates how Reach Messaging Hldg'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: Reach Messaging Hldg's current assets represent 91.1% of total assets in 2010, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 87.3% of total assets in 2010, down from 87.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 3.8% of total assets.
Reach Messaging Hldg Competitors by Total Assets
Key competitors of Reach Messaging Hldg based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
CID HoldCo, Inc. Warrants
NASDAQ:DAICW
|
USA | $7.45 Million |
|
Digital China Group Co Ltd
SHE:000034
|
China | CN¥50.37 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
Reach Messaging Hldg - 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 - Reach Messaging Hldg generates 2.75x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Reach Messaging Hldg is currently not profitable relative to its asset base.
Reach Messaging Hldg - 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 | 0.16 | 3.31 | 10.45 |
| Quick Ratio | 0.16 | 3.31 | 10.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-273.13K | $ 250.41K | $ 69.70K |
Reach Messaging Hldg - Advanced Valuation Insights
This section examines the relationship between Reach Messaging Hldg'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 | - |
| Latest Market Cap to Assets Ratio | 1.02 |
| Asset Growth Rate (YoY) | 611.6% |
| Total Assets | $78.07K |
| Market Capitalization | $79.25K USD |
Valuation Analysis
Above Book Valuation: The market values Reach Messaging Hldg's assets above their book value (1.02 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Reach Messaging Hldg's assets grew by 611.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Reach Messaging Hldg (2007–2010)
The table below shows the annual total assets of Reach Messaging Hldg from 2007 to 2010.
| Year | Total Assets | Change |
|---|---|---|
| 2010-12-31 | $78.07K | +611.65% |
| 2009-12-31 | $10.97K | -35.80% |
| 2008-12-31 | $17.09K | +56.87% |
| 2007-12-31 | $10.89K | -- |