RIT Technologies Ltd
RiT Technologies Ltd. provides intelligent infrastructure management (IIM) and indoor optical wireless technology solutions worldwide. The company's IIM products enhance security and network utilization for data centers, communication rooms, and work space environments. Its enterprise solutions include PatchView hardware, which is offered in a cross connect topology; CenterMind data center manage… Read more
RIT Technologies Ltd (RITT) - Total Assets
Latest total assets as of September 2015: $13.91 Million USD
Based on the latest financial reports, RIT Technologies Ltd (RITT) holds total assets worth $13.91 Million USD as of September 2015.
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.
RIT Technologies Ltd - Total Assets Trend (1997–2014)
This chart illustrates how RIT Technologies Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RIT Technologies Ltd - Asset Composition Analysis
Current Asset Composition (December 2014)
RIT Technologies Ltd's total assets of $13.91 Million consist of 83.4% current assets and 16.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.5% |
| Accounts Receivable | $1.74 Million | 20.1% |
| Inventory | $3.62 Million | 41.7% |
| Property, Plant & Equipment | $471.00K | 5.4% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–2014)
This chart illustrates how RIT Technologies Ltd'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: RIT Technologies Ltd's current assets represent 83.4% of total assets in 2014, an increase from 80.3% in 1997.
- Cash Position: Cash and equivalents constituted 18.5% of total assets in 2014, up from 2.8% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is inventory at 41.7% of total assets.
RIT Technologies Ltd Competitors by Total Assets
Key competitors of RIT Technologies Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
RIT Technologies Ltd - 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 - RIT Technologies Ltd generates 0.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - RIT Technologies Ltd is currently not profitable relative to its asset base.
RIT Technologies Ltd - 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 | 3.44 | 3.83 | 2.39 |
| Quick Ratio | 2.56 | 2.07 | 1.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $8.84 Million | $ 6.69 Million | $ 4.26 Million |
RIT Technologies Ltd - Advanced Valuation Insights
This section examines the relationship between RIT Technologies Ltd'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) | -40.5% |
| Total Assets | $8.67 Million |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values RIT Technologies Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: RIT Technologies Ltd's assets decreased by 40.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for RIT Technologies Ltd (1997–2014)
The table below shows the annual total assets of RIT Technologies Ltd from 1997 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $8.67 Million | -40.50% |
| 2013-12-31 | $14.58 Million | +50.72% |
| 2012-12-31 | $9.67 Million | -7.89% |
| 2011-12-31 | $10.50 Million | +8.45% |
| 2010-12-31 | $9.68 Million | +1.34% |
| 2009-12-31 | $9.55 Million | -43.25% |
| 2008-12-31 | $16.84 Million | +13.80% |
| 2007-12-31 | $14.79 Million | -32.01% |
| 2006-12-31 | $21.76 Million | +5.05% |
| 2005-12-31 | $20.71 Million | -6.82% |
| 2004-12-31 | $22.23 Million | +59.31% |
| 2003-12-31 | $13.96 Million | -29.24% |
| 2002-12-31 | $19.72 Million | -33.62% |
| 2001-12-31 | $29.71 Million | -11.82% |
| 2000-12-31 | $33.70 Million | +47.28% |
| 1999-12-31 | $22.88 Million | -17.05% |
| 1998-12-31 | $27.58 Million | +0.86% |
| 1997-12-31 | $27.35 Million | -- |