808 Renewable Energy Corp
808 Renewable Energy Corporation, through its subsidiaries, designs, develops, manufactures, distributes, and markets general aviation and electric vehicles in the United States. It offers AR-1 gyrocopter and electric reverse-trike vehicles under the Dagger, Arrow, and Orca names through distributors and dealers. The company was formerly known as Tri-Energy Corporation and changed its name to 808… Read more
808 Renewable Energy Corp (RNWR) - Total Assets
Latest total assets as of March 2023: $2.00 Million USD
Based on the latest financial reports, 808 Renewable Energy Corp (RNWR) holds total assets worth $2.00 Million USD as of March 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.
808 Renewable Energy Corp - Total Assets Trend (2010–2022)
This chart illustrates how 808 Renewable Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
808 Renewable Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
808 Renewable Energy Corp's total assets of $2.00 Million consist of 47.5% current assets and 52.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $15.00K | 0.8% |
| Inventory | $877.31K | 43.9% |
| Property, Plant & Equipment | $287.28K | 14.4% |
| Intangible Assets | $68.54K | 3.4% |
| Goodwill | $693.14K | 34.7% |
Asset Composition Trend (2010–2022)
This chart illustrates how 808 Renewable Energy Corp'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: 808 Renewable Energy Corp's current assets represent 47.5% of total assets in 2022, an increase from 31.7% in 2010.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2022, down from 7.6% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 0.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 43.9% of total assets.
808 Renewable Energy Corp Competitors by Total Assets
Key competitors of 808 Renewable Energy Corp 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 |
|
AVIC Aircraft Co Ltd
SHE:000768
|
China | CN¥74.11 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 |
808 Renewable Energy Corp - 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 - 808 Renewable Energy Corp generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - 808 Renewable Energy Corp is currently not profitable relative to its asset base.
808 Renewable Energy Corp - 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 | 0.57 | 0.99 | 0.41 |
| Quick Ratio | 0.04 | 0.26 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-718.22K | $ -9.98K | $ -362.20K |
808 Renewable Energy Corp - Advanced Valuation Insights
This section examines the relationship between 808 Renewable Energy Corp'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 | 0.01 |
| Asset Growth Rate (YoY) | -17.0% |
| Total Assets | $2.00 Million |
| Market Capitalization | $10.02K USD |
Valuation Analysis
Below Book Valuation: The market values 808 Renewable Energy Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: 808 Renewable Energy Corp's assets decreased by 17.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for 808 Renewable Energy Corp (2010–2022)
The table below shows the annual total assets of 808 Renewable Energy Corp from 2010 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $2.00 Million | -16.99% |
| 2021-12-31 | $2.41 Million | -- |
| 2020-12-31 | $0.00 | -- |
| 2019-12-31 | $294.23K | -89.42% |
| 2015-12-31 | $2.78 Million | -61.70% |
| 2014-12-31 | $7.26 Million | +31.49% |
| 2013-12-31 | $5.52 Million | -14.89% |
| 2012-12-31 | $6.49 Million | -3.13% |
| 2011-12-31 | $6.70 Million | +25.43% |
| 2010-12-31 | $5.34 Million | -- |