Vartech Systems Inc
VarTech Systems Inc. manufactures and sells LCD flat panel displays, industrial monitors, computers, workstations, and HMI panel mount computer solutions. Its products include touch screens, industrial monitors and computers, industrial panels and enclosures, public access kiosks, mobile computers, small form factor IPCs, systems for mission critical applications, sunlight readable display monito… Read more
Vartech Systems Inc (VRTK) - Total Assets
Latest total assets as of October 2003: $1.74 Million USD
Based on the latest financial reports, Vartech Systems Inc (VRTK) holds total assets worth $1.74 Million USD as of October 2003.
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.
Vartech Systems Inc - Total Assets Trend (2000–2003)
This chart illustrates how Vartech Systems Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vartech Systems Inc - Asset Composition Analysis
Current Asset Composition (July 2003)
Vartech Systems Inc's total assets of $1.74 Million consist of 94.0% current assets and 6.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.5% |
| Accounts Receivable | $634.02K | 35.6% |
| Inventory | $923.48K | 51.9% |
| Property, Plant & Equipment | $99.63K | 5.6% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2003)
This chart illustrates how Vartech Systems 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: Vartech Systems Inc's current assets represent 94.0% of total assets in 2003, an increase from 63.8% in 2000.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2003, up from 1.3% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 51.9% of total assets.
Vartech Systems Inc Competitors by Total Assets
Key competitors of Vartech Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Kaifa Technology Co Ltd
SHE:000021
|
China | CN¥27.56 Billion |
|
China Greatwall Computer Shenzhen Co Ltd
SHE:000066
|
China | CN¥31.88 Billion |
|
TPV Technology Co Ltd
SHE:000727
|
China | CN¥37.34 Billion |
|
Willowglen MSC Bhd
KLSE:0008
|
Malaysia | RM223.47 Million |
|
Inspur Electronic Info Industr
SHE:000977
|
China | CN¥109.33 Billion |
|
JWIPC Technology Co Ltd
SHE:001339
|
China | CN¥5.78 Billion |
|
Shandong Senter Electn Co Ltd
SHE:001388
|
China | CN¥2.09 Billion |
|
Ninestar Corp
SHE:002180
|
China | CN¥17.55 Billion |
Vartech Systems 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 - Vartech Systems Inc generates 4.35x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Vartech Systems Inc generates $ 10.09 in net profit.
Vartech Systems 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 | 2.57 | 2.24 | 2.24 |
| Quick Ratio | 1.20 | 1.10 | 1.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.00 Million | $ 860.81K | $ 860.81K |
Vartech Systems Inc - Advanced Valuation Insights
This section examines the relationship between Vartech Systems 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 | 0.01 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | $1.78 Million |
| Market Capitalization | $17.99K USD |
Valuation Analysis
Below Book Valuation: The market values Vartech Systems Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vartech Systems Inc's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vartech Systems Inc (2000–2003)
The table below shows the annual total assets of Vartech Systems Inc from 2000 to 2003.
| Year | Total Assets | Change |
|---|---|---|
| 2003-07-31 | $1.78 Million | +10.85% |
| 2002-07-31 | $1.61 Million | +24.84% |
| 2001-07-31 | $1.29 Million | +9.14% |
| 2000-07-31 | $1.18 Million | -- |