TrackX Holdings Inc
TrackX Holdings Inc., provides Software-as-a-Solutions for use in the tracking and collaboration solutions in the United States. The company offers RFID, Internet of Things, and other sensor technologies. It serves food, beverage, brewery, automotive, retail, government, financial services, and technology sectors. TrackX Holdings Inc. is headquartered in Denver, Colorado.
TrackX Holdings Inc (TKXHF) - Total Assets
Latest total assets as of June 2022: $1.56 Million USD
Based on the latest financial reports, TrackX Holdings Inc (TKXHF) holds total assets worth $1.56 Million USD as of June 2022.
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.
TrackX Holdings Inc - Total Assets Trend (2008–2021)
This chart illustrates how TrackX Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TrackX Holdings Inc - Asset Composition Analysis
Current Asset Composition (September 2021)
TrackX Holdings Inc's total assets of $1.56 Million consist of 77.1% current assets and 22.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.7% |
| Accounts Receivable | $1.12 Million | 68.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $277.53K | 16.9% |
| Intangible Assets | $53.48K | 3.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2021)
This chart illustrates how TrackX Holdings 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: TrackX Holdings Inc's current assets represent 77.1% of total assets in 2021, an increase from 21.7% in 2008.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2021, down from 15.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 68.3% of total assets.
TrackX Holdings Inc Competitors by Total Assets
Key competitors of TrackX Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
TrackX Holdings 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 - TrackX Holdings Inc generates 2.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TrackX Holdings Inc is currently not profitable relative to its asset base.
TrackX Holdings 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 | 0.35 | 0.72 | 1.15 |
| Quick Ratio | 0.35 | 0.66 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.29 Million | $ -780.61K | $ 301.47K |
TrackX Holdings Inc - Advanced Valuation Insights
This section examines the relationship between TrackX Holdings 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 | 0.10 |
| Asset Growth Rate (YoY) | 60.1% |
| Total Assets | $1.64 Million |
| Market Capitalization | $160.87K USD |
Valuation Analysis
Below Book Valuation: The market values TrackX Holdings Inc's assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TrackX Holdings Inc's assets grew by 60.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TrackX Holdings Inc (2008–2021)
The table below shows the annual total assets of TrackX Holdings Inc from 2008 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-09-30 | $1.64 Million | +60.11% |
| 2020-09-30 | $1.02 Million | -59.75% |
| 2019-09-30 | $2.54 Million | -53.52% |
| 2018-09-30 | $5.47 Million | -0.51% |
| 2017-09-30 | $5.50 Million | +124.76% |
| 2016-09-30 | $2.45 Million | +4701.55% |
| 2015-09-30 | $50.95K | -95.70% |
| 2014-09-30 | $1.18 Million | -11.60% |
| 2013-09-30 | $1.34 Million | -5.98% |
| 2012-09-30 | $1.42 Million | -14.05% |
| 2011-09-30 | $1.66 Million | -37.25% |
| 2010-09-30 | $2.64 Million | +36.29% |
| 2009-09-30 | $1.94 Million | +47.08% |
| 2008-09-30 | $1.32 Million | -- |