Tower One Wireless Corp
Tower One Wireless Corp. owns, develops, and operates build-to-suit multitenant communications towers in Argentina, Colombia, Mexico, the United States, and internationally. It primarily engages in the leasing of space on communications sites to mobile network operators. The company also provides tower-related services, including site acquisition, zoning and permitting, structural analysis, and c… Read more
Tower One Wireless Corp (1P3N) - Total Assets
Latest total assets as of September 2022: €41.49 Million EUR
Based on the latest financial reports, Tower One Wireless Corp (1P3N) holds total assets worth €41.49 Million EUR as of September 2022.
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.
Tower One Wireless Corp - Total Assets Trend (2016–2021)
This chart illustrates how Tower One Wireless Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tower One Wireless Corp - Asset Composition Analysis
Current Asset Composition (December 2021)
Tower One Wireless Corp's total assets of €41.49 Million consist of 34.5% current assets and 65.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 4.8% |
| Accounts Receivable | €4.82 Million | 22.0% |
| 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 (2016–2021)
This chart illustrates how Tower One Wireless Corp'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: Tower One Wireless Corp's current assets represent 34.5% of total assets in 2021, an increase from 7.7% in 2016.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2021, down from 85.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 22.0% of total assets.
Tower One Wireless Corp Competitors by Total Assets
Key competitors of Tower One Wireless Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Tower One Wireless Corp - 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
Moderate asset utilization - Tower One Wireless Corp generates 0.49x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tower One Wireless Corp is currently not profitable relative to its asset base.
Tower One Wireless Corp - 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 | 0.44 | 0.20 |
| Quick Ratio | 0.24 | 0.44 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-26.35 Million | € -9.43 Million | € -13.21 Million |
Tower One Wireless Corp - Advanced Valuation Insights
This section examines the relationship between Tower One Wireless Corp'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 | 0.07 |
| Asset Growth Rate (YoY) | 97.0% |
| Total Assets | €21.89 Million |
| Market Capitalization | $1.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tower One Wireless Corp's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tower One Wireless Corp's assets grew by 97.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tower One Wireless Corp (2016–2021)
The table below shows the annual total assets of Tower One Wireless Corp from 2016 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | €21.89 Million | +97.01% |
| 2020-12-31 | €11.11 Million | -30.57% |
| 2019-12-31 | €16.00 Million | +27.18% |
| 2018-12-31 | €12.58 Million | +137.35% |
| 2017-12-31 | €5.30 Million | +229.61% |
| 2016-12-31 | €1.61 Million | -- |