Rafina Innovations Inc
Rafina Innovations Inc. engages in the research, development, commercialization, and marketing of medical technologies. It operates through two segments, Clinics and Technology. The company also operates prosthetics and orthotics, and diabetic foot total rehabilitation clinics in Southern Europe, the Middle East, and North Africa. In addition, it is involved in the research, development, and comm… Read more
Rafina Innovations Inc (VICA) - Total Assets
Latest total assets as of June 2022: $7.71 Million USD
Based on the latest financial reports, Rafina Innovations Inc (VICA) holds total assets worth $7.71 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.
Rafina Innovations Inc - Total Assets Trend (2007–2021)
This chart illustrates how Rafina Innovations Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rafina Innovations Inc - Asset Composition Analysis
Current Asset Composition (December 2021)
Rafina Innovations Inc's total assets of $7.71 Million consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $3.86 Million | 50.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $800.00K | 10.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2021)
This chart illustrates how Rafina Innovations 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: Rafina Innovations Inc's current assets represent 50.2% of total assets in 2021, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2021, down from 100.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 50.0% of total assets.
Rafina Innovations Inc Competitors by Total Assets
Key competitors of Rafina Innovations Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Rafina Innovations 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
Moderate asset utilization - Rafina Innovations Inc generates 0.42x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rafina Innovations Inc is currently not profitable relative to its asset base.
Rafina Innovations 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 | 1.18 | 1.21 | 0.09 |
| Quick Ratio | 1.18 | 1.21 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $578.03K | $ 699.48K | $ -1.38 Million |
Rafina Innovations Inc - Advanced Valuation Insights
This section examines the relationship between Rafina Innovations 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) | 3927.0% |
| Total Assets | $7.71 Million |
| Market Capitalization | $440.50 USD |
Valuation Analysis
Below Book Valuation: The market values Rafina Innovations Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Rafina Innovations Inc's assets grew by 3927.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Rafina Innovations Inc (2007–2021)
The table below shows the annual total assets of Rafina Innovations Inc from 2007 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $7.71 Million | +3927.01% |
| 2020-12-31 | $191.54K | -20.42% |
| 2019-12-31 | $240.67K | -19.42% |
| 2018-12-31 | $298.66K | -54.04% |
| 2017-12-31 | $649.83K | +103.52% |
| 2016-12-31 | $319.29K | -28.64% |
| 2015-12-31 | $447.41K | -21.05% |
| 2014-12-31 | $566.67K | +61966.37% |
| 2012-12-31 | $913.00 | +2508.57% |
| 2011-12-31 | $35.00 | -92.99% |
| 2010-12-31 | $499.00 | -97.40% |
| 2009-12-31 | $19.17K | -60.92% |
| 2008-12-31 | $49.05K | +24425.00% |
| 2007-12-31 | $200.00 | -- |