SMG Industries Inc
SMG Industries Inc. operates as a transportation services company in the United States. It engages in the transportation of infrastructure components, such as bridge beams and power generation transformers; wind energy components; and midstream compressors. The company is also involved in the heavy haul of production equipment, heat exchangers, coolers, construction equipment, and refinery compon… Read more
SMG Industries Inc (SMGI) - Total Assets
Latest total assets as of September 2023: $76.13 Million USD
Based on the latest financial reports, SMG Industries Inc (SMGI) holds total assets worth $76.13 Million USD as of September 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.
SMG Industries Inc - Total Assets Trend (2008–2022)
This chart illustrates how SMG Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SMG Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
SMG Industries Inc's total assets of $76.13 Million consist of 70.9% current assets and 29.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $12.19 Million | 54.9% |
| Inventory | $1.11 Million | 5.0% |
| Property, Plant & Equipment | $6.15 Million | 27.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2022)
This chart illustrates how SMG Industries 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: SMG Industries Inc's current assets represent 70.9% of total assets in 2022, an increase from 22.5% in 2008.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2022, down from 22.5% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 54.9% of total assets.
SMG Industries Inc Competitors by Total Assets
Key competitors of SMG Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
SMG Industries 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 - SMG Industries Inc generates 3.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SMG Industries Inc is currently not profitable relative to its asset base.
SMG Industries 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 | 0.50 | 0.55 | 0.41 |
| Quick Ratio | 0.49 | 0.51 | 0.35 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-27.86 Million | $ -13.63 Million | $ -1.42 Million |
SMG Industries Inc - Advanced Valuation Insights
This section examines the relationship between SMG Industries 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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -24.1% |
| Total Assets | $22.18 Million |
| Market Capitalization | $294.39K USD |
Valuation Analysis
Below Book Valuation: The market values SMG Industries Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SMG Industries Inc's assets decreased by 24.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SMG Industries Inc (2008–2022)
The table below shows the annual total assets of SMG Industries Inc from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $22.18 Million | -24.10% |
| 2021-12-31 | $29.23 Million | +6.57% |
| 2020-12-31 | $27.43 Million | +326.43% |
| 2019-12-31 | $6.43 Million | +82.38% |
| 2018-12-31 | $3.53 Million | +312.25% |
| 2017-12-31 | $855.41K | +35.10% |
| 2016-12-31 | $633.17K | -36.90% |
| 2015-12-31 | $1.00 Million | -79.19% |
| 2014-12-31 | $4.82 Million | -72.26% |
| 2013-12-31 | $17.39 Million | -39.76% |
| 2012-12-31 | $28.86 Million | +14.26% |
| 2011-12-31 | $25.26 Million | +377.69% |
| 2010-12-31 | $5.29 Million | +10.64% |
| 2009-12-31 | $4.78 Million | +1652.29% |
| 2008-12-31 | $272.75K | -- |