ZipLink Inc
This record represents the public shell of ZipLink, Inc. In November 2000, ZipLink, Inc. suspended its operations and announced the lay off of substantially all of its employees except those necessary to wind down operations. Ziplink, Inc. operated as a wholesale connectivity provider in North America for the Business-to-Business marketplace, including Internet service providers, competitive loca… Read more
ZipLink Inc (ZIPL) - Total Assets
Latest total assets as of September 2000: $35.98 Million USD
Based on the latest financial reports, ZipLink Inc (ZIPL) holds total assets worth $35.98 Million USD as of September 2000.
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.
ZipLink Inc - Total Assets Trend (1997–1999)
This chart illustrates how ZipLink Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ZipLink Inc - Asset Composition Analysis
Current Asset Composition (December 1999)
ZipLink Inc's total assets of $35.98 Million consist of 54.7% current assets and 45.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 45.1% |
| Accounts Receivable | $1.50 Million | 3.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $15.92 Million | 41.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1997–1999)
This chart illustrates how ZipLink 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: ZipLink Inc's current assets represent 54.7% of total assets in 1999, an increase from 12.4% in 1997.
- Cash Position: Cash and equivalents constituted 45.1% of total assets in 1999, up from 8.3% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is property, plant & equipment at 41.2% of total assets.
ZipLink Inc Competitors by Total Assets
Key competitors of ZipLink Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
ZipLink 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 - ZipLink Inc generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ZipLink Inc is currently not profitable relative to its asset base.
ZipLink 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 | 0.55 | 7.59 | 0.37 |
| Quick Ratio | 0.55 | 7.59 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.70 Million | $ 21.10 Million | $ -2.90 Million |
ZipLink Inc - Advanced Valuation Insights
This section examines the relationship between ZipLink 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 244.6% |
| Total Assets | $38.60 Million |
| Market Capitalization | $0.99 USD |
Valuation Analysis
Below Book Valuation: The market values ZipLink Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: ZipLink Inc's assets grew by 244.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for ZipLink Inc (1997–1999)
The table below shows the annual total assets of ZipLink Inc from 1997 to 1999.
| Year | Total Assets | Change |
|---|---|---|
| 1999-12-31 | $38.60 Million | +244.64% |
| 1998-12-31 | $11.20 Million | -13.74% |
| 1997-12-31 | $12.98 Million | -- |