TreeCon Resources Inc
TreeCon Resources, Inc., through its subsidiaries, distributes, leases, and finances industrial and logging equipment in the United States. It is also involved in sawmill operations; and producing water-based fluids for the oil and gas industry. The company was formerly known as Overhill Corporation. TreeCon Resources, Inc. was incorporated in 1963 and is based in Lufkin, Texas.
TreeCon Resources Inc (TCOR) - Total Assets
Latest total assets as of June 2013: $40.66K USD
Based on the latest financial reports, TreeCon Resources Inc (TCOR) holds total assets worth $40.66K USD as of June 2013.
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.
TreeCon Resources Inc - Total Assets Trend (1985–2023)
This chart illustrates how TreeCon Resources Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TreeCon Resources Inc - Asset Composition Analysis
Current Asset Composition (September 2023)
TreeCon Resources Inc's total assets of $40.66K consist of 18.0% current assets and 82.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.0% |
| Accounts Receivable | $7.67 Million | 9.8% |
| Inventory | $0.00 | 0.0% |
| 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 TreeCon Resources 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: TreeCon Resources Inc's current assets represent 18.0% of total assets in 2023, a decrease from 59.7% in 1985.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2023, down from 22.7% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 21.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 9.8% of total assets.
TreeCon Resources Inc Competitors by Total Assets
Key competitors of TreeCon Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungchang Hold
KO:000180
|
Korea | ₩709.18 Billion |
|
Zhongfu Straits Pingtan Development Co Ltd
SHE:000592
|
China | CN¥3.30 Billion |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
China | CN¥1.47 Billion |
|
Dare Technology Co Ltd
SHE:000910
|
China | CN¥9.75 Billion |
|
Dehua TB New Decoration Material Co Ltd
SHE:002043
|
China | CN¥5.71 Billion |
|
Fujian Jinsen Forestry Co Ltd
SHE:002679
|
China | CN¥1.95 Billion |
|
Sun&L Co Ltd
KO:002820
|
Korea | ₩481.80 Billion |
|
Eagon Ind
KO:008250
|
Korea | ₩409.89 Billion |
TreeCon Resources 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 - TreeCon Resources Inc generates 1.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, TreeCon Resources Inc generates $ 4.58 in net profit.
TreeCon Resources 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 | 1.43 | 0.76 | 2.26 |
| Quick Ratio | 0.72 | 0.42 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.95K | $ -6.23 Million | $ 38.42 Million |
TreeCon Resources Inc - Advanced Valuation Insights
This section examines the relationship between TreeCon Resources 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 | 11.73 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 36.8% |
| Total Assets | $78.00 Million |
| Market Capitalization | $5.73K USD |
Valuation Analysis
Below Book Valuation: The market values TreeCon Resources Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TreeCon Resources Inc's assets grew by 36.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TreeCon Resources Inc (1985–2023)
The table below shows the annual total assets of TreeCon Resources Inc from 1985 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-09-30 | $78.00 Million | +36.85% |
| 2022-09-30 | $57.00 Million | +12.88% |
| 2021-09-30 | $50.50 Million | -2.56% |
| 2020-09-30 | $51.82 Million | -14.34% |
| 2019-09-30 | $60.50 Million | -9.30% |
| 2018-09-30 | $66.70 Million | +6.44% |
| 2017-09-30 | $62.67 Million | -2.19% |
| 2016-09-30 | $64.07 Million | +75.84% |
| 2008-09-30 | $36.44 Million | +27.60% |
| 2003-09-30 | $28.55 Million | -48.10% |
| 2002-09-30 | $55.02 Million | -15.61% |
| 2001-09-30 | $65.19 Million | -6.23% |
| 2000-09-30 | $69.52 Million | +2.08% |
| 1999-09-30 | $68.11 Million | -15.71% |
| 1998-09-30 | $80.80 Million | +12.07% |
| 1997-09-30 | $72.10 Million | -23.46% |
| 1996-09-30 | $94.20 Million | +6.80% |
| 1995-09-30 | $88.20 Million | +132.11% |
| 1994-09-30 | $38.00 Million | +322.22% |
| 1993-09-30 | $9.00 Million | +130.77% |
| 1992-09-30 | $3.90 Million | -27.78% |
| 1991-09-30 | $5.40 Million | +3.85% |
| 1990-09-30 | $5.20 Million | -37.35% |
| 1989-09-30 | $8.30 Million | -17.00% |
| 1988-09-30 | $10.00 Million | -13.79% |
| 1987-09-30 | $11.60 Million | -11.45% |
| 1986-09-30 | $13.10 Million | +10.08% |
| 1985-09-30 | $11.90 Million | -- |