Technical Communications
Technical Communications Corporation engages in the design, development, manufacture, distribution, marketing, and sale of communications security devices, systems, and services worldwide. The company primarily provides data, video, fax, and voice networks. Its products include government systems, such as CSD 3324 SE secure telephone, fax, and data system; CSD 3324 SP telephone and fax system; DS… Read more
Technical Communications (TCCO) - Total Assets
Latest total assets as of September 2023: $2.34 Million USD
Based on the latest financial reports, Technical Communications (TCCO) holds total assets worth $2.34 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.
Technical Communications - Total Assets Trend (1985–2023)
This chart illustrates how Technical Communications’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Technical Communications - Asset Composition Analysis
Current Asset Composition (September 2023)
Technical Communications's total assets of $2.34 Million consist of 96.1% current assets and 3.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $1.22 Million | 52.0% |
| Inventory | $920.77K | 39.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2023)
This chart illustrates how Technical Communications'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: Technical Communications's current assets represent 96.1% of total assets in 2023, an increase from 87.5% in 1985.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2023, down from 45.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 52.0% of total assets.
Technical Communications Competitors by Total Assets
Key competitors of Technical Communications based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Technical Communications - 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 - Technical Communications generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Technical Communications is currently not profitable relative to its asset base.
Technical Communications - 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 | 0.78 | 0.46 | 1.58 |
| Quick Ratio | 0.46 | 0.20 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-652.58K | $ -1.96 Million | $ 1.25 Million |
Technical Communications - Advanced Valuation Insights
This section examines the relationship between Technical Communications'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 | 7.54 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.9% |
| Total Assets | $2.34 Million |
| Market Capitalization | $150.75 USD |
Valuation Analysis
Below Book Valuation: The market values Technical Communications's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Technical Communications's assets grew by 19.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Technical Communications (1985–2023)
The table below shows the annual total assets of Technical Communications from 1985 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $2.34 Million | +19.88% |
| 2022-09-30 | $1.95 Million | -15.80% |
| 2021-09-30 | $2.32 Million | -29.39% |
| 2020-09-30 | $3.28 Million | -20.01% |
| 2019-09-30 | $4.10 Million | 0.00% |
| 2018-09-30 | $4.10 Million | +4.25% |
| 2017-09-30 | $3.94 Million | -28.08% |
| 2016-09-30 | $5.47 Million | -31.75% |
| 2015-09-30 | $8.02 Million | -18.28% |
| 2014-09-30 | $9.81 Million | -20.58% |
| 2013-09-30 | $12.35 Million | -3.81% |
| 2012-09-30 | $12.84 Million | -13.49% |
| 2011-09-30 | $14.84 Million | +0.11% |
| 2010-09-30 | $14.83 Million | +59.04% |
| 2009-09-30 | $9.32 Million | +38.85% |
| 2008-09-30 | $6.71 Million | +30.26% |
| 2007-09-30 | $5.15 Million | +37.18% |
| 2006-09-30 | $3.76 Million | -1.17% |
| 2005-09-30 | $3.80 Million | -6.58% |
| 2004-09-30 | $4.07 Million | +47.07% |
| 2003-09-30 | $2.77 Million | +14.34% |
| 2002-09-30 | $2.42 Million | -33.78% |
| 2001-09-30 | $3.65 Million | -56.51% |
| 2000-09-30 | $8.40 Million | -21.47% |
| 1999-09-30 | $10.70 Million | -33.95% |
| 1998-09-30 | $16.20 Million | +29.60% |
| 1997-09-30 | $12.50 Million | -21.88% |
| 1996-09-30 | $16.00 Million | +4.58% |
| 1995-09-30 | $15.30 Million | +26.45% |
| 1994-09-30 | $12.10 Million | +0.83% |
| 1993-09-30 | $12.00 Million | -10.45% |
| 1992-09-30 | $13.40 Million | +6.35% |
| 1991-09-30 | $12.60 Million | +15.60% |
| 1990-09-30 | $10.90 Million | -0.91% |
| 1989-09-30 | $11.00 Million | +39.24% |
| 1988-09-30 | $7.90 Million | +146.88% |
| 1987-09-30 | $3.20 Million | 0.00% |
| 1986-09-30 | $3.20 Million | -33.33% |
| 1985-09-30 | $4.80 Million | -- |