Trulite Inc
Trulite, Inc., a development stage company, engages in the development, production, sourcing, marketing, and sale of portable, semi-portable and stationary products, components, and systems that generate powers for off-grid applications in the United States. The company offers hydrogen fuel cells, photovoltaic solar panels, wind micro-turbines, batteries, charge controllers, and inverters. It pro… Read more
Trulite Inc (TRUL) - Total Assets
Latest total assets as of March 2023: $38.16K USD
Based on the latest financial reports, Trulite Inc (TRUL) holds total assets worth $38.16K USD as of March 2023.
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.
Trulite Inc - Total Assets Trend (2004–2007)
This chart illustrates how Trulite Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Trulite Inc - Asset Composition Analysis
Current Asset Composition (December 2007)
Trulite Inc's total assets of $38.16K consist of 80.7% current assets and 19.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.9% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $53.32K | 10.8% |
| Intangible Assets | $41.96K | 8.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2007)
This chart illustrates how Trulite 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: Trulite Inc's current assets represent 80.7% of total assets in 2007, a decrease from 93.4% in 2004.
- Cash Position: Cash and equivalents constituted 75.9% of total assets in 2007, down from 82.8% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 10.8% of total assets.
Trulite Inc Competitors by Total Assets
Key competitors of Trulite Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Trulite 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 - Trulite Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Trulite Inc is currently not profitable relative to its asset base.
Trulite 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 | 2.88 | 0.13 | 2.88 |
| Quick Ratio | 2.88 | 0.13 | 2.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $23.27K | $ -3.24 Million | $ 23.27K |
Trulite Inc - Advanced Valuation Insights
This section examines the relationship between Trulite 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) | 37.3% |
| Total Assets | $493.21K |
| Market Capitalization | $9.91 USD |
Valuation Analysis
Below Book Valuation: The market values Trulite Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Trulite Inc's assets grew by 37.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Trulite Inc (2004–2007)
The table below shows the annual total assets of Trulite Inc from 2004 to 2007.
| Year | Total Assets | Change |
|---|---|---|
| 2007-12-31 | $493.21K | +37.29% |
| 2006-12-31 | $359.25K | +6.56% |
| 2005-12-31 | $337.15K | +120.85% |
| 2004-12-31 | $152.66K | -- |