SpotLite360 Technologies Inc
SpotLite360 IOT Solutions, Inc. operates as a supply chain technology solutions company in Canada and the United States. The company offers software-as-a-service based asset management and supply chain execution platform to customers in the pharmaceutical, healthcare, and agriculture industries. Its products include SpotLite360 Collect, a custom designed enterprise wide IoT device infrastructure;… Read more
SpotLite360 Technologies Inc (SPLTF) - Total Assets
Latest total assets as of September 2023: $220.70K USD
Based on the latest financial reports, SpotLite360 Technologies Inc (SPLTF) holds total assets worth $220.70K 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.
SpotLite360 Technologies Inc - Total Assets Trend (2014–2022)
This chart illustrates how SpotLite360 Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SpotLite360 Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2022)
SpotLite360 Technologies Inc's total assets of $220.70K consist of 6.6% current assets and 93.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $95.03K | 2.8% |
| Inventory | $101.58K | 3.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2022)
This chart illustrates how SpotLite360 Technologies 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: SpotLite360 Technologies Inc's current assets represent 6.6% of total assets in 2022, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2022, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 3.0% of total assets.
SpotLite360 Technologies Inc Competitors by Total Assets
Key competitors of SpotLite360 Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
SpotLite360 Technologies 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
Lower asset utilization - SpotLite360 Technologies Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SpotLite360 Technologies Inc is currently not profitable relative to its asset base.
SpotLite360 Technologies 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 | 0.21 | 1.63 | 0.00 |
| Quick Ratio | 0.11 | 1.54 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-802.47K | $ 796.74K | $ -307.26K |
SpotLite360 Technologies Inc - Advanced Valuation Insights
This section examines the relationship between SpotLite360 Technologies 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 | 0.94 |
| Latest Market Cap to Assets Ratio | 2.37 |
| Asset Growth Rate (YoY) | -56.8% |
| Total Assets | $3.35 Million |
| Market Capitalization | $7.93 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SpotLite360 Technologies Inc's assets at a significant premium ( 2.37x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: SpotLite360 Technologies Inc's assets decreased by 56.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SpotLite360 Technologies Inc (2014–2022)
The table below shows the annual total assets of SpotLite360 Technologies Inc from 2014 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $3.35 Million | -56.82% |
| 2021-12-31 | $7.75 Million | +1175.35% |
| 2020-12-31 | $607.72K | +203833.89% |
| 2019-12-31 | $298.00 | +254.76% |
| 2018-12-31 | $84.00 | -99.17% |
| 2016-12-31 | $10.09K | +246.33% |
| 2015-12-31 | $2.91K | +2231.20% |
| 2014-12-31 | $125.00 | -- |