RONN Inc.
RONN Inc. focuses on the design and development, manufacture, marketing, and sale of all-electric, hydrogen-fuel cell, and zero-emission new energy vehicles (NEVs) in the United States, China, and internationally. It intends to offer hydrogen fuel cell NEVs, including sports cars, sedans, SUVs, trucks, and buses. The company was founded in 2013 and is based in Scottsdale, Arizona.
RONN Inc. (RONN) - Total Assets
Latest total assets as of December 2024: $19.80 Million USD
Based on the latest financial reports, RONN Inc. (RONN) holds total assets worth $19.80 Million USD as of December 2024.
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.
RONN Inc. - Total Assets Trend (1985–2024)
This chart illustrates how RONN Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
RONN Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
RONN Inc.'s total assets of $19.80 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.84 Million | 14.3% |
| Goodwill | $16.93 Million | 85.5% |
Asset Composition Trend (1985–2024)
This chart illustrates how RONN 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: RONN Inc.'s current assets represent 0.2% of total assets in 2024, a decrease from 80.0% in 1985.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 4.6% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 99.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 85.5% of total assets.
RONN Inc. Competitors by Total Assets
Key competitors of RONN Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
RONN 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
Strong asset utilization - RONN Inc. generates 1.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - RONN Inc. is currently not profitable relative to its asset base.
RONN 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 | 0.00 | 0.33 | 0.67 |
| Quick Ratio | 0.00 | 0.10 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.95 Million | $ -6.23 Million | $ -1.75 Million |
RONN Inc. - Advanced Valuation Insights
This section examines the relationship between RONN 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) | 122471977.9% |
| Total Assets | $19.80 Million |
| Market Capitalization | $1.84 USD |
Valuation Analysis
Below Book Valuation: The market values RONN Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: RONN Inc.'s assets grew by 122471977.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for RONN Inc. (1985–2024)
The table below shows the annual total assets of RONN Inc. from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.80 Million | +122471977.92% |
| 2022-12-31 | $16.17 | +22.78% |
| 2021-12-31 | $13.17 | -91.14% |
| 2018-12-31 | $148.58 | +11071.43% |
| 2016-12-31 | $1.33 | +209.30% |
| 2015-12-31 | $0.43 | -100.00% |
| 2004-12-31 | $6.30 Million | +3.91% |
| 2003-12-31 | $6.06 Million | -12.02% |
| 2002-12-31 | $6.89 Million | -2.31% |
| 2001-12-31 | $7.05 Million | -5.57% |
| 2000-12-31 | $7.47 Million | -4.27% |
| 1999-12-31 | $7.80 Million | +20.69% |
| 1998-12-31 | $6.46 Million | -18.29% |
| 1997-12-31 | $7.91 Million | -1.31% |
| 1996-12-31 | $8.02 Million | -8.03% |
| 1995-12-31 | $8.71 Million | +21.04% |
| 1994-12-31 | $7.20 Million | -7.69% |
| 1993-12-31 | $7.80 Million | -19.59% |
| 1992-12-31 | $9.70 Million | -1.02% |
| 1991-12-31 | $9.80 Million | -24.03% |
| 1990-12-31 | $12.90 Million | -17.83% |
| 1989-12-31 | $15.70 Million | +13.77% |
| 1988-12-31 | $13.80 Million | -16.87% |
| 1987-12-31 | $16.60 Million | -30.54% |
| 1986-12-31 | $23.90 Million | +267.69% |
| 1985-12-31 | $6.50 Million | -- |