Traack Technologies Inc
Traack Technologies Inc. provides business and finance advisory services for small and medium sized companies. The company focuses on creating business plans and general management consulting. Its advisory services include corporate formation and structure, business plan creation and development, business planning and expansion, strategic planning, mergers and acquisition, and business advisory s… Read more
Traack Technologies Inc (TRAA) - Total Assets
Latest total assets as of January 2025: $2.58 Million USD
Based on the latest financial reports, Traack Technologies Inc (TRAA) holds total assets worth $2.58 Million USD as of January 2025.
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.
Traack Technologies Inc - Total Assets Trend (2006–2024)
This chart illustrates how Traack Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Traack Technologies Inc - Asset Composition Analysis
Current Asset Composition (July 2024)
Traack Technologies Inc's total assets of $2.58 Million consist of 30.8% current assets and 69.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $374.53K | 16.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how Traack Technologies 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: Traack Technologies Inc's current assets represent 30.8% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, down from 100.0% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 16.3% of total assets.
Traack Technologies Inc Competitors by Total Assets
Key competitors of Traack Technologies Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Traack Technologies 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 - Traack Technologies Inc generates 1.90x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Traack Technologies Inc is currently not profitable relative to its asset base.
Traack Technologies 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 | 3.00 | 1.49 | 0.27 |
| Quick Ratio | 1.77 | 0.69 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $692.15K | $ 364.00K | $ -153.39K |
Traack Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Traack Technologies 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 | 0.44 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -18.6% |
| Total Assets | $2.30 Million |
| Market Capitalization | $3.46K USD |
Valuation Analysis
Below Book Valuation: The market values Traack Technologies Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Traack Technologies Inc's assets decreased by 18.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Traack Technologies Inc (2006–2024)
The table below shows the annual total assets of Traack Technologies Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $2.30 Million | -18.64% |
| 2023-07-31 | $2.82 Million | +6155.48% |
| 2015-07-31 | $45.13K | -49.03% |
| 2014-07-31 | $88.54K | +720.95% |
| 2011-07-31 | $10.79K | -84.55% |
| 2010-07-31 | $69.80K | +1127.81% |
| 2009-07-31 | $5.68K | -99.92% |
| 2008-07-31 | $7.30 Million | +382261.05% |
| 2007-07-31 | $1.91K | -89.92% |
| 2006-07-31 | $18.95K | -- |