Wiremedia Inc
Wiremedia, Inc. provides location-based Bluetooth advertising solutions. The company primarily focuses on creating mobile technologies and data applications. It offers mobile content marketing and distribution services to deliver mobile applications, services, and content to various industries and sectors worldwide. Wiremedia, Inc. was formerly known as Wiremedia Com, Inc. and changed its name to… Read more
Wiremedia Inc (WRMA) - Total Assets
Latest total assets as of June 2007: $260.39K USD
Based on the latest financial reports, Wiremedia Inc (WRMA) holds total assets worth $260.39K USD as of June 2007.
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.
Wiremedia Inc - Total Assets Trend (2003–2006)
This chart illustrates how Wiremedia Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wiremedia Inc - Asset Composition Analysis
Current Asset Composition (December 2006)
Wiremedia Inc's total assets of $260.39K consist of 99.5% current assets and 0.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 75.0% |
| Accounts Receivable | $151.00 | 0.1% |
| Inventory | $57.65K | 20.1% |
| Property, Plant & Equipment | $1.53K | 0.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2003–2006)
This chart illustrates how Wiremedia 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: Wiremedia Inc's current assets represent 99.5% of total assets in 2006, a decrease from 100.0% in 2003.
- Cash Position: Cash and equivalents constituted 75.0% of total assets in 2006, down from 100.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is inventory at 20.1% of total assets.
Wiremedia Inc Competitors by Total Assets
Key competitors of Wiremedia Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
USA | $239.11 Million |
|
ChampionsGate Acquisition Corp
NASDAQ:CHPGU
|
USA | $76.27 Million |
|
Atlas Resources International Inc
PINK:ALSI
|
USA | $6.96K |
|
Itokk Inc
PINK:IKTO
|
USA | $2.24 Million |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
|
Aloys Inc.
KQ:297570
|
Korea | ₩111.17 Billion |
|
Nh Special Purpose Acquisition 14 Co. Ltd
KQ:319400
|
Korea | ₩255.48 Billion |
Wiremedia 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 - Wiremedia Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Wiremedia Inc is currently not profitable relative to its asset base.
Wiremedia 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 | 34.47 | 73.79 | 73.79 |
| Quick Ratio | 27.43 | 58.89 | 58.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $250.24K | $ 281.61K | $ 281.61K |
Wiremedia Inc - Advanced Valuation Insights
This section examines the relationship between Wiremedia 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) | 162.9% |
| Total Assets | $287.01K |
| Market Capitalization | $12.04 USD |
Valuation Analysis
Below Book Valuation: The market values Wiremedia Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Wiremedia Inc's assets grew by 162.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Wiremedia Inc (2003–2006)
The table below shows the annual total assets of Wiremedia Inc from 2003 to 2006.
| Year | Total Assets | Change |
|---|---|---|
| 2006-12-31 | $287.01K | +162.94% |
| 2005-12-31 | $109.16K | +178.26% |
| 2004-12-31 | $39.23K | -11.12% |
| 2003-12-31 | $44.13K | -- |