SecureTech Innovations Inc
SecureTech Innovations, Inc., an emerging company, engages in developing and marketing advanced security and safety devices, products, and technologies in the United States. The company provides Top Kontrol, an anti-theft and anti-carjacking system that can safely stop a carjacking without any action by the driver. The company was formerly known as Securetech, Inc. and is changed its name to Secu… Read more
SecureTech Innovations Inc (SCTH) - Total Assets
Latest total assets as of September 2025: $15.45 Million USD
Based on the latest financial reports, SecureTech Innovations Inc (SCTH) holds total assets worth $15.45 Million USD as of September 2025.
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.
SecureTech Innovations Inc - Total Assets Trend (2017–2024)
This chart illustrates how SecureTech Innovations Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SecureTech Innovations Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
SecureTech Innovations Inc's total assets of $15.45 Million consist of 30.8% current assets and 69.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how SecureTech Innovations 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: SecureTech Innovations Inc's current assets represent 30.8% of total assets in 2024, a decrease from 100.0% in 2017.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 90.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
SecureTech Innovations Inc Competitors by Total Assets
Key competitors of SecureTech Innovations Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
SecureTech Innovations 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 - SecureTech Innovations Inc generates 3.94x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SecureTech Innovations Inc is currently not profitable relative to its asset base.
SecureTech Innovations 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 | 1.47 | 0.03 | 49.04 |
| Quick Ratio | 1.17 | 0.00 | 31.73 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $2.00 Million | $ -399.45K | $ 135.97K |
SecureTech Innovations Inc - Advanced Valuation Insights
This section examines the relationship between SecureTech Innovations 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 | 24.07 |
| Latest Market Cap to Assets Ratio | 14572.39 |
| Asset Growth Rate (YoY) | -85.1% |
| Total Assets | $3.62K |
| Market Capitalization | $52.71 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SecureTech Innovations Inc's assets at a significant premium ( 14572.39x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: SecureTech Innovations Inc's assets decreased by 85.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SecureTech Innovations Inc (2017–2024)
The table below shows the annual total assets of SecureTech Innovations Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.62K | -85.06% |
| 2023-12-31 | $24.22K | -87.95% |
| 2022-12-31 | $201.01K | -20.86% |
| 2021-12-31 | $254.00K | +83.00% |
| 2020-12-31 | $138.80K | +3.11% |
| 2019-12-31 | $134.61K | -31.28% |
| 2018-12-31 | $195.90K | +25.89% |
| 2017-12-31 | $155.62K | -- |