Radiant Energy Corporation
Radiant Energy Corporation, through its subsidiaries, develops and commercializes radiant-energy based aircraft de-icing technology primarily in the United States and Canada. The company's thermal deicing technology utilizes natural gas or propane to produce infrared radiant energy to remove frost, snow, ice, and water from aircraft surfaces. Its system is the non-glycol based alternative approve… Read more
Radiant Energy Corporation (RDEGF) - Total Assets
Latest total assets as of July 2012: $77.90K USD
Based on the latest financial reports, Radiant Energy Corporation (RDEGF) holds total assets worth $77.90K USD as of July 2012.
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.
Radiant Energy Corporation - Total Assets Trend (2008–2011)
This chart illustrates how Radiant Energy Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Radiant Energy Corporation - Asset Composition Analysis
Current Asset Composition (October 2011)
Radiant Energy Corporation's total assets of $77.90K consist of 60.3% current assets and 39.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.2% |
| Accounts Receivable | $43.36K | 45.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $8.13K | 8.5% |
| Intangible Assets | $30.10K | 31.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2011)
This chart illustrates how Radiant Energy 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: Radiant Energy Corporation's current assets represent 60.3% of total assets in 2011, a decrease from 81.7% in 2008.
- Cash Position: Cash and equivalents constituted 5.2% of total assets in 2011, down from 70.1% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 12.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 45.1% of total assets.
Radiant Energy Corporation Competitors by Total Assets
Key competitors of Radiant Energy Corporation 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 |
Radiant Energy 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
Lower asset utilization - Radiant Energy Corporation generates 0.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Radiant Energy Corporation is currently not profitable relative to its asset base.
Radiant Energy 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 | 0.02 | 0.03 | 0.03 |
| Quick Ratio | 0.02 | 0.03 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.56 Million | $ -2.17 Million | $ -2.17 Million |
Radiant Energy Corporation - Advanced Valuation Insights
This section examines the relationship between Radiant Energy 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -43.2% |
| Total Assets | $96.21K |
| Market Capitalization | $0.91 USD |
Valuation Analysis
Below Book Valuation: The market values Radiant Energy Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Radiant Energy Corporation's assets decreased by 43.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Radiant Energy Corporation (2008–2011)
The table below shows the annual total assets of Radiant Energy Corporation from 2008 to 2011.
| Year | Total Assets | Change |
|---|---|---|
| 2011-10-31 | $96.21K | -43.16% |
| 2010-10-31 | $169.25K | -48.89% |
| 2009-10-31 | $331.17K | -60.63% |
| 2008-10-31 | $841.25K | -- |