Simclar Inc
Simclar, Inc., together with its subsidiaries, operates as a contract manufacturer of electronic and electro-mechanical products in the United States and Mexico. Its custom-designed products include complex printed circuit boards (PCBs), finished products, subassemblies, molded and nonmolded cable assemblies, wire harnesses, injection molded, and electronic assembly products. The PCBs produced by… Read more
Simclar Inc (SIMC) - Total Assets
Latest total assets as of September 2008: $55.90 Million USD
Based on the latest financial reports, Simclar Inc (SIMC) holds total assets worth $55.90 Million USD as of September 2008.
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.
Simclar Inc - Total Assets Trend (1994–2007)
This chart illustrates how Simclar Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Simclar Inc - Asset Composition Analysis
Current Asset Composition (December 2007)
Simclar Inc's total assets of $55.90 Million consist of 69.1% current assets and 30.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $21.82 Million | 32.9% |
| Inventory | $21.66 Million | 32.7% |
| Property, Plant & Equipment | $9.79 Million | 14.8% |
| Intangible Assets | $904.84K | 1.4% |
| Goodwill | $9.41 Million | 14.2% |
Asset Composition Trend (1994–2007)
This chart illustrates how Simclar 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: Simclar Inc's current assets represent 69.1% of total assets in 2007, a decrease from 75.9% in 1994.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2007, down from 4.6% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 1.0% in 1994.
- Asset Diversification: The largest asset category is accounts receivable at 32.9% of total assets.
Simclar Inc Competitors by Total Assets
Key competitors of Simclar Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
|
Xiamen Xindeco Ltd
SHE:000701
|
China | CN¥17.93 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥430.75 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
China | CN¥18.69 Billion |
Simclar 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 - Simclar Inc generates 2.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Simclar Inc generates $ 3.57 in net profit.
Simclar 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 | 1.22 | 1.31 | 2.66 |
| Quick Ratio | 0.60 | 0.64 | 1.29 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.70 Million | $ 11.54 Million | $ 11.80 Million |
Simclar Inc - Advanced Valuation Insights
This section examines the relationship between Simclar 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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.7% |
| Total Assets | $66.25 Million |
| Market Capitalization | $0.94 USD |
Valuation Analysis
Below Book Valuation: The market values Simclar Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Simclar Inc's assets grew by 3.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Simclar Inc (1994–2007)
The table below shows the annual total assets of Simclar Inc from 1994 to 2007.
| Year | Total Assets | Change |
|---|---|---|
| 2007-12-31 | $66.25 Million | +3.73% |
| 2006-12-31 | $63.86 Million | +69.40% |
| 2005-12-31 | $37.70 Million | +15.71% |
| 2004-12-31 | $32.58 Million | +26.90% |
| 2003-12-31 | $25.67 Million | +15.81% |
| 2002-12-31 | $22.17 Million | +4.52% |
| 2001-12-31 | $21.21 Million | -23.92% |
| 2000-12-31 | $27.88 Million | +4.01% |
| 1999-12-31 | $26.80 Million | +12.61% |
| 1998-12-31 | $23.80 Million | -3.25% |
| 1997-12-31 | $24.60 Million | +86.36% |
| 1996-12-31 | $13.20 Million | +2.33% |
| 1995-12-31 | $12.90 Million | +48.28% |
| 1994-12-31 | $8.70 Million | -- |