Companhia de Tecidos Norte de Minas
Companhia de Tecidos Norte de Minas produces, markets, exports, imports, and sells yarns and fabrics in Brazil and internationally. It operates through three segments: Wholesale, Retail, and Gifts. The company offers single sheets, pillowcases, sheet sets, tablecloths, bath towels, rugs, and bath accessories under the CAMEBA brand; mattress protectors, duvets, and bedspreads; and clothing apparel… Read more
Companhia de Tecidos Norte de Minas (CTNM3) - Total Assets
Latest total assets as of June 2024: R$3.01 Billion BRL
Based on the latest financial reports, Companhia de Tecidos Norte de Minas (CTNM3) holds total assets worth R$3.01 Billion BRL as of June 2024.
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.
Companhia de Tecidos Norte de Minas - Total Assets Trend (2006–2023)
This chart illustrates how Companhia de Tecidos Norte de Minas’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Companhia de Tecidos Norte de Minas - Asset Composition Analysis
Current Asset Composition (December 2023)
Companhia de Tecidos Norte de Minas's total assets of R$3.01 Billion consist of 23.3% current assets and 76.7% non-current assets.
| Asset Category | Amount (BRL) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | R$0.00 | 2.3% |
| Accounts Receivable | R$183.69 Million | 6.7% |
| Inventory | R$269.26 Million | 9.9% |
| Property, Plant & Equipment | R$0.00 | 0.0% |
| Intangible Assets | R$32.54 Million | 1.2% |
| Goodwill | R$0.00 | 0.0% |
Asset Composition Trend (2006–2023)
This chart illustrates how Companhia de Tecidos Norte de Minas'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: Companhia de Tecidos Norte de Minas's current assets represent 23.3% of total assets in 2023, a decrease from 56.6% in 2006.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2023, down from 10.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 9.9% of total assets.
Companhia de Tecidos Norte de Minas Competitors by Total Assets
Key competitors of Companhia de Tecidos Norte de Minas based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465
|
Taiwan | NT$1.71 Billion |
|
Kyungbangco.Ltd
KO:000050
|
Korea | ₩1.23 Trillion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
China | CN¥17.37 Billion |
|
Jilin Chemical Fibre Co Ltd
SHE:000420
|
China | CN¥13.70 Billion |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
China | CN¥7.35 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
China | CN¥13.36 Billion |
|
Chonbang
KO:000950
|
Korea | ₩236.79 Billion |
|
Xinlong Holding Group Co Ltd
SHE:000955
|
China | CN¥857.96 Million |
Companhia de Tecidos Norte de Minas - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Companhia de Tecidos Norte de Minas generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Companhia de Tecidos Norte de Minas is currently not profitable relative to its asset base.
Companhia de Tecidos Norte de Minas - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.24 | 0.49 | 1.18 |
| Quick Ratio | 0.14 | 0.28 | 0.78 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | R$-1.84 Billion | R$ -857.44 Million | R$ 237.11 Million |
Companhia de Tecidos Norte de Minas - Advanced Valuation Insights
This section examines the relationship between Companhia de Tecidos Norte de Minas'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 | 0.91 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -23.4% |
| Total Assets | R$2.73 Billion |
| Market Capitalization | $10.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values Companhia de Tecidos Norte de Minas's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Companhia de Tecidos Norte de Minas's assets decreased by 23.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Companhia de Tecidos Norte de Minas (2006–2023)
The table below shows the annual total assets of Companhia de Tecidos Norte de Minas from 2006 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | R$2.73 Billion | -23.40% |
| 2022-12-31 | R$3.56 Billion | -15.81% |
| 2021-12-31 | R$4.23 Billion | -0.75% |
| 2020-12-31 | R$4.26 Billion | -1.13% |
| 2019-12-31 | R$4.31 Billion | +1.21% |
| 2018-12-31 | R$4.26 Billion | +20.31% |
| 2017-12-31 | R$3.54 Billion | +6.01% |
| 2016-12-31 | R$3.34 Billion | +0.30% |
| 2015-12-31 | R$3.33 Billion | +2.22% |
| 2014-12-31 | R$3.26 Billion | +2.40% |
| 2013-12-31 | R$3.18 Billion | +2.26% |
| 2012-12-31 | R$3.11 Billion | -7.74% |
| 2011-12-31 | R$3.37 Billion | +1.41% |
| 2010-12-31 | R$3.32 Billion | +7.87% |
| 2009-12-31 | R$3.08 Billion | -12.23% |
| 2008-12-31 | R$3.51 Billion | -9.50% |
| 2007-12-31 | R$3.88 Billion | -12.32% |
| 2006-12-31 | R$4.43 Billion | -- |