Tech Central Inc
Tech Central, Inc. engages in online video and photography content development and distribution businesses. The company is also involved in Website and mobile app technology integration design and development activities. Its content services include video shoots, photography, photo shoots, video and photography editing, voiceover, and Ad copywriting. In addition, the company offers CBD product li… Read more
Tech Central Inc (TCHC) - Total Assets
Latest total assets as of September 2019: $229.54K USD
Based on the latest financial reports, Tech Central Inc (TCHC) holds total assets worth $229.54K USD as of September 2019.
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.
Tech Central Inc - Total Assets Trend (2014–2018)
This chart illustrates how Tech Central Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tech Central Inc - Asset Composition Analysis
Current Asset Composition (December 2018)
Tech Central Inc's total assets of $229.54K consist of 48.0% current assets and 52.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 28.7% |
| Accounts Receivable | $20.25K | 19.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $54.54K | 52.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2018)
This chart illustrates how Tech Central 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: Tech Central Inc's current assets represent 48.0% of total assets in 2018, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 28.7% of total assets in 2018, down from 100.0% 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 property, plant & equipment at 52.0% of total assets.
Tech Central Inc Competitors by Total Assets
Key competitors of Tech Central Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
IHQ Inc
KO:003560
|
Korea | ₩148.67 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
|
Guangdong Alpha Animation and Culture Co Ltd
SHE:002292
|
China | CN¥4.22 Billion |
|
AMC Entertainment Holdings Inc
NYSE:AMC
|
USA | $8.02 Billion |
Tech Central 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 - Tech Central Inc generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tech Central Inc is currently not profitable relative to its asset base.
Tech Central 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 | 0.12 | 3.28 | 4.57 |
| Quick Ratio | 0.12 | 3.28 | 4.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-804.52K | $ 18.36K | $ 77.96K |
Tech Central Inc - Advanced Valuation Insights
This section examines the relationship between Tech Central 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 | 0.02 |
| Asset Growth Rate (YoY) | 267.2% |
| Total Assets | $104.87K |
| Market Capitalization | $1.87K USD |
Valuation Analysis
Below Book Valuation: The market values Tech Central Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tech Central Inc's assets grew by 267.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tech Central Inc (2014–2018)
The table below shows the annual total assets of Tech Central Inc from 2014 to 2018.
| Year | Total Assets | Change |
|---|---|---|
| 2018-12-31 | $104.87K | +267.17% |
| 2017-12-31 | $28.56K | -74.29% |
| 2016-12-31 | $111.11K | -8.47% |
| 2015-12-31 | $121.40K | +57708.10% |
| 2014-12-31 | $210.00 | -- |