WellTek Incorporated
CLStv Corp. offers streaming services in the United States. It also focuses on acquiring and creating propriety and original content. The company was formerly known as WellTek Incorporated and changed its name to CLStv Corp. in April 2021. CLStv Corp. was founded in 2003 and is based in Conyers, Georgia.
WellTek Incorporated (WTKN) - Total Assets
Latest total assets as of June 2023: $-25.00 USD
Based on the latest financial reports, WellTek Incorporated (WTKN) holds total assets worth $-25.00 USD as of June 2023.
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.
WellTek Incorporated - Total Assets Trend (2006–2022)
This chart illustrates how WellTek Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
WellTek Incorporated - Asset Composition Analysis
Current Asset Composition (December 2022)
WellTek Incorporated's total assets of $-25.00 consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 100.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2022)
This chart illustrates how WellTek Incorporated'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: WellTek Incorporated's current assets represent 100.0% of total assets in 2022, an increase from 50.1% in 2006.
- Cash Position: Cash and equivalents constituted 100.0% of total assets in 2022, up from 6.8% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
WellTek Incorporated Competitors by Total Assets
Key competitors of WellTek Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
China | CN¥9.94 Billion |
|
H&R Century Union Corp
SHE:000892
|
China | CN¥1.68 Billion |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
China | CN¥4.00 Billion |
|
Galaxia SM Inc
KO:011420
|
Korea | ₩89.84 Billion |
|
LG HelloVision Corp
KO:037560
|
Korea | ₩1.26 Trillion |
|
Kt Skylife
KO:053210
|
Korea | ₩989.86 Billion |
|
KMH Co. Ltd
KQ:122450
|
Korea | ₩872.63 Billion |
|
Aniplus Inc
KQ:310200
|
Korea | ₩289.02 Billion |
WellTek Incorporated - 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 - WellTek Incorporated generates 56.17x 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, WellTek Incorporated generates $ 1444.83 in net profit.
WellTek Incorporated - 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 | 0.00 | -0.01 | 70.33 |
| Quick Ratio | 0.00 | -0.01 | 70.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-30.52K | $ -15.73K | $ 19.07K |
WellTek Incorporated - Advanced Valuation Insights
This section examines the relationship between WellTek Incorporated'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) | 698.6% |
| Total Assets | $551.00 |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values WellTek Incorporated's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: WellTek Incorporated's assets grew by 698.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for WellTek Incorporated (2006–2022)
The table below shows the annual total assets of WellTek Incorporated from 2006 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $551.00 | +698.55% |
| 2021-12-31 | $69.00 | -99.89% |
| 2020-12-31 | $61.20K | 0.00% |
| 2019-12-31 | $61.20K | -38.81% |
| 2018-12-31 | $100.00K | -0.50% |
| 2017-12-31 | $100.50K | -85.79% |
| 2009-12-31 | $707.30K | -25.66% |
| 2008-12-31 | $951.45K | -44.10% |
| 2007-12-31 | $1.70 Million | -24.09% |
| 2006-12-31 | $2.24 Million | -- |