Thresher Industries Inc
Thresher Industries, Inc. engages in the production and sale of aluminum and metal matrix composite alloy castings. Its products include permanent mold castings; and metal matrix composite products in various states of finish, including outside processes, such as x-ray, machined, and painted. The company also offers engineering support, design, and prototype development services, as well as propr… Read more
Thresher Industries Inc (THRR) - Total Assets
Latest total assets as of June 2011: $436.55K USD
Based on the latest financial reports, Thresher Industries Inc (THRR) holds total assets worth $436.55K USD as of June 2011.
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.
Thresher Industries Inc - Total Assets Trend (2004–2010)
This chart illustrates how Thresher Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thresher Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2010)
Thresher Industries Inc's total assets of $436.55K consist of 56.2% current assets and 43.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $72.22K | 17.8% |
| Inventory | $156.09K | 38.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2010)
This chart illustrates how Thresher Industries 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: Thresher Industries Inc's current assets represent 56.2% of total assets in 2010, an increase from 14.8% in 2004.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2010, up from 0.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 38.4% of total assets.
Thresher Industries Inc Competitors by Total Assets
Key competitors of Thresher Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
Thresher Industries 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 - Thresher Industries Inc generates 0.09x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Thresher Industries Inc is currently not profitable relative to its asset base.
Thresher Industries 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 | 0.27 | 0.41 | 0.41 |
| Quick Ratio | 0.11 | 0.16 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-739.96K | $ -374.48K | $ -374.48K |
Thresher Industries Inc - Advanced Valuation Insights
This section examines the relationship between Thresher Industries 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) | -19.3% |
| Total Assets | $406.71K |
| Market Capitalization | $0.95 USD |
Valuation Analysis
Below Book Valuation: The market values Thresher Industries Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Thresher Industries Inc's assets decreased by 19.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thresher Industries Inc (2004–2010)
The table below shows the annual total assets of Thresher Industries Inc from 2004 to 2010.
| Year | Total Assets | Change |
|---|---|---|
| 2010-12-31 | $406.71K | -19.32% |
| 2009-12-31 | $504.10K | +7.39% |
| 2008-12-31 | $469.43K | -93.44% |
| 2007-12-31 | $7.15 Million | -7.42% |
| 2006-12-31 | $7.72 Million | +3688.39% |
| 2005-12-31 | $203.90K | +212.34% |
| 2004-12-31 | $65.28K | -- |