Technology Solutions Co
Technology Solutions Company, a software and services firm, engages in the provision of business solutions to the healthcare industry. Technology Solutions Company was incorporated in 1988 and is based in Chicago, Illinois.
Technology Solutions Co (TSCC) - Total Assets
Latest total assets as of December 2008: $10.61 Million USD
Based on the latest financial reports, Technology Solutions Co (TSCC) holds total assets worth $10.61 Million USD as of December 2008.
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.
Technology Solutions Co - Total Assets Trend (1989–2008)
This chart illustrates how Technology Solutions Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Technology Solutions Co - Asset Composition Analysis
Current Asset Composition (December 2008)
Technology Solutions Co's total assets of $10.61 Million consist of 97.4% current assets and 2.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 23.8% |
| Accounts Receivable | $1.92 Million | 18.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $221.00K | 2.1% |
| Intangible Assets | $60.00K | 0.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1989–2008)
This chart illustrates how Technology Solutions Co'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: Technology Solutions Co's current assets represent 97.4% of total assets in 2008, an increase from 73.3% in 1989.
- Cash Position: Cash and equivalents constituted 23.8% of total assets in 2008, down from 35.1% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1989.
- Asset Diversification: The largest asset category is accounts receivable at 18.1% of total assets.
Technology Solutions Co Competitors by Total Assets
Key competitors of Technology Solutions Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Technology Solutions Co - 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
Moderate asset utilization - Technology Solutions Co generates 0.59x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Technology Solutions Co is currently not profitable relative to its asset base.
Technology Solutions Co - 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 | 8.16 | 2.80 | 5.86 |
| Quick Ratio | 8.16 | 2.80 | 5.86 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.06 Million | $ 9.46 Million | $ 37.28 Million |
Technology Solutions Co - Advanced Valuation Insights
This section examines the relationship between Technology Solutions Co'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 | 0.06 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -31.3% |
| Total Assets | $10.61 Million |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values Technology Solutions Co's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Technology Solutions Co's assets decreased by 31.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Technology Solutions Co (1989–2008)
The table below shows the annual total assets of Technology Solutions Co from 1989 to 2008.
| Year | Total Assets | Change |
|---|---|---|
| 2008-12-31 | $10.61 Million | -31.26% |
| 2007-12-31 | $15.43 Million | -40.73% |
| 2006-12-31 | $26.04 Million | -20.60% |
| 2005-12-31 | $32.80 Million | -38.21% |
| 2004-12-31 | $53.08 Million | -11.78% |
| 2003-12-31 | $60.17 Million | -39.37% |
| 2002-12-31 | $99.24 Million | -12.89% |
| 2001-12-31 | $113.93 Million | -10.74% |
| 2000-12-31 | $127.64 Million | -42.84% |
| 1999-12-31 | $223.30 Million | +1.92% |
| 1998-12-31 | $219.10 Million | +63.63% |
| 1996-12-31 | $133.90 Million | +49.78% |
| 1995-12-31 | $89.40 Million | +37.12% |
| 1994-12-31 | $65.20 Million | -5.92% |
| 1993-12-31 | $69.30 Million | -8.82% |
| 1992-12-31 | $76.00 Million | +0.53% |
| 1991-12-31 | $75.60 Million | +163.41% |
| 1990-12-31 | $28.70 Million | +50.26% |
| 1989-12-31 | $19.10 Million | -- |