SPO Networks Inc
SPO Networks, Inc. focuses on solid waste, scrap metal recycling, and demolition services. The company operates two scrap metal operations in Arkansas and Missouri to provide scrap metal to the steel industry and produces generic cannabis seeds for wholesale and retail customers Colorado. The company was formerly known as Highline Technical Innovations, Inc. and changed its name to SPO Networks, … Read more
SPO Networks Inc (SPOI) - Total Assets
Latest total assets as of March 2023: $7.09 Million USD
Based on the latest financial reports, SPO Networks Inc (SPOI) holds total assets worth $7.09 Million USD as of March 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.
SPO Networks Inc - Total Assets Trend (2001–2021)
This chart illustrates how SPO Networks Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SPO Networks Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
SPO Networks Inc's total assets of $7.09 Million consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.6% |
| Accounts Receivable | $433.36K | 7.6% |
| Inventory | $3.09 Million | 53.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2001–2021)
This chart illustrates how SPO Networks 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: SPO Networks Inc's current assets represent 62.0% of total assets in 2021, a decrease from 99.1% in 2001.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2021, down from 99.1% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 53.9% of total assets.
SPO Networks Inc Competitors by Total Assets
Key competitors of SPO Networks Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
SPO Networks 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 - SPO Networks Inc generates 1.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, SPO Networks Inc generates $ 21.26 in net profit.
SPO Networks 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 | 7.24 | 3.86 | 0.52 |
| Quick Ratio | 2.49 | 0.59 | 0.52 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.60 Million | $ 2.85 Million | $ -128.30K |
SPO Networks Inc - Advanced Valuation Insights
This section examines the relationship between SPO Networks 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) | 57305.1% |
| Total Assets | $5.74 Million |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values SPO Networks Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SPO Networks Inc's assets grew by 57305.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SPO Networks Inc (2001–2021)
The table below shows the annual total assets of SPO Networks Inc from 2001 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $5.74 Million | +57305.12% |
| 2020-12-31 | $10.00K | -97.29% |
| 2013-12-31 | $368.47K | -52.17% |
| 2012-12-31 | $770.41K | -- |
| 2011-12-31 | $0.00 | -- |
| 2010-12-31 | $7.40 Million | +31.69% |
| 2005-12-31 | $5.62 Million | -16.93% |
| 2004-12-31 | $6.76 Million | +1974.84% |
| 2003-12-31 | $325.92K | +38886.12% |
| 2002-12-31 | $836.00 | -92.21% |
| 2001-12-31 | $10.74K | -- |