RDARS Inc
RDARS Inc., an early-stage drone technology company, engages in the development and sale of an autonomous drone security system for the residential, commercial, and industrial applications. It offers proprietary drone aircraft and technology solutions that enable real-time alarm response, verification, intervention, reporting, and evidence recording. The company was incorporated in 2019 and is he… Read more
RDARS Inc (RDRSF) - Total Assets
Latest total assets as of August 2023: $1.77 Million USD
Based on the latest financial reports, RDARS Inc (RDRSF) holds total assets worth $1.77 Million USD as of August 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.
RDARS Inc - Total Assets Trend (2020–2022)
This chart illustrates how RDARS Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RDARS Inc - Asset Composition Analysis
Current Asset Composition (November 2022)
RDARS Inc's total assets of $1.77 Million consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.3% |
| Accounts Receivable | $166.52K | 7.6% |
| Inventory | $47.25K | 2.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.25 Million | 57.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how RDARS 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: RDARS Inc's current assets represent 42.4% of total assets in 2022, an increase from 12.9% in 2020.
- Cash Position: Cash and equivalents constituted 26.3% of total assets in 2022, up from 0.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 57.0% of total assets, a decrease from 67.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 57.3% of total assets.
RDARS Inc Competitors by Total Assets
Key competitors of RDARS Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
RDARS 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 - RDARS 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 - RDARS Inc is currently not profitable relative to its asset base.
RDARS 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 | 0.07 | 2.38 | 0.17 |
| Quick Ratio | 0.06 | 2.36 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.33 Million | $ 1.39 Million | $ -1.43 Million |
RDARS Inc - Advanced Valuation Insights
This section examines the relationship between RDARS 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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 101.1% |
| Total Assets | $2.19 Million |
| Market Capitalization | $9.57 USD |
Valuation Analysis
Below Book Valuation: The market values RDARS Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: RDARS Inc's assets grew by 101.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for RDARS Inc (2020–2022)
The table below shows the annual total assets of RDARS Inc from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-11-30 | $2.19 Million | +101.13% |
| 2021-11-30 | $1.09 Million | +32.08% |
| 2020-11-30 | $823.37K | -- |