Wireless Xcessories Group Inc
Wireless Xcessories Group, Inc. designs, manufactures, and distributes accessories for cellular phones primarily in the United States. It offers batteries; and hands free devices, and car and travel chargers, as well as various carrying cases. The company sells its products to dealers and distributors through an in-house sales force, as well as through its Website, wirexgroup.com. Wireless Xcesso… Read more
Wireless Xcessories Group Inc (WIRX) - Total Assets
Latest total assets as of December 2014: $14.49K USD
Based on the latest financial reports, Wireless Xcessories Group Inc (WIRX) holds total assets worth $14.49K USD as of December 2014.
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.
Wireless Xcessories Group Inc - Total Assets Trend (1996–2014)
This chart illustrates how Wireless Xcessories Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wireless Xcessories Group Inc - Asset Composition Analysis
Current Asset Composition (December 2014)
Wireless Xcessories Group Inc's total assets of $14.49K consist of 98.6% current assets and 1.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.5% |
| Accounts Receivable | $5.46K | 37.7% |
| Inventory | $7.76K | 53.6% |
| Property, Plant & Equipment | $166.13K | 1146.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2014)
This chart illustrates how Wireless Xcessories Group 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: Wireless Xcessories Group Inc's current assets represent 98.6% of total assets in 2014, an increase from 85.5% in 1996.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2014, down from 22.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 1146.8% of total assets.
Wireless Xcessories Group Inc Competitors by Total Assets
Key competitors of Wireless Xcessories Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Wireless Xcessories Group 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 - Wireless Xcessories Group Inc generates 2.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wireless Xcessories Group Inc is currently not profitable relative to its asset base.
Wireless Xcessories Group 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 | 2.01 | 6.09 | 3.86 |
| Quick Ratio | 0.92 | 4.47 | 2.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.19K | $ 8.26K | $ 3.57 Million |
Wireless Xcessories Group Inc - Advanced Valuation Insights
This section examines the relationship between Wireless Xcessories Group 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 | 0.56 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 43.4% |
| Total Assets | $14.49K |
| Market Capitalization | $6.61 USD |
Valuation Analysis
Below Book Valuation: The market values Wireless Xcessories Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wireless Xcessories Group Inc's assets grew by 43.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wireless Xcessories Group Inc (1996–2014)
The table below shows the annual total assets of Wireless Xcessories Group Inc from 1996 to 2014.
| Year | Total Assets | Change |
|---|---|---|
| 2014-12-31 | $14.49K | +43.44% |
| 2013-12-31 | $10.10K | -99.92% |
| 2012-12-31 | $12.36 Million | +20.38% |
| 2011-12-31 | $10.26 Million | -0.45% |
| 2010-12-31 | $10.31 Million | +14.90% |
| 2009-12-31 | $8.97 Million | +6.03% |
| 2008-12-31 | $8.46 Million | -0.17% |
| 2007-12-31 | $8.48 Million | +5.59% |
| 2006-12-31 | $8.03 Million | +9.60% |
| 2005-12-31 | $7.33 Million | +38.25% |
| 2004-12-31 | $5.30 Million | +22.03% |
| 2003-12-31 | $4.34 Million | -8.96% |
| 2002-12-31 | $4.77 Million | -33.92% |
| 2001-12-31 | $7.22 Million | -49.42% |
| 2000-12-31 | $14.27 Million | -14.47% |
| 1999-12-31 | $16.69 Million | -31.90% |
| 1998-12-31 | $24.50 Million | -14.04% |
| 1997-12-31 | $28.50 Million | +143.59% |
| 1996-12-31 | $11.70 Million | -- |