Elspec
Elspec Engineering Ltd develops, manufactures, and markets power quality solutions and services to the industrial, commercial, and utility sectors in the United States, Canada, and internationally. The company offers multi-functional digital fault recorders; energy meters; and hand-held, portable, and fixed power quality analyzers, as well as phasor measurement units. It also provides PQSCADA Sap… Read more
Elspec (ELSPC) - Total Assets
Latest total assets as of June 2025: ILA110.09 Million ILA
Based on the latest financial reports, Elspec (ELSPC) holds total assets worth ILA110.09 Million ILA as of June 2025.
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.
Elspec - Total Assets Trend (2004–2024)
This chart illustrates how Elspec’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Elspec - Asset Composition Analysis
Current Asset Composition (December 2024)
Elspec's total assets of ILA110.09 Million consist of 69.4% current assets and 30.6% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 9.9% |
| Accounts Receivable | ILA18.60 Million | 16.4% |
| Inventory | ILA41.69 Million | 36.7% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA11.63 Million | 10.2% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Elspec'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: Elspec's current assets represent 69.4% of total assets in 2024, an increase from 0.0% in 2004.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2024, down from 21.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is inventory at 36.7% of total assets.
Elspec Competitors by Total Assets
Key competitors of Elspec based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Elspec - 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 - Elspec generates 0.89x 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, Elspec generates $ 11.19 in net profit.
Elspec - 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 | 4.51 | 3.98 | 4.28 |
| Quick Ratio | 2.07 | 2.08 | 2.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA58.75 Million | ILA 61.75 Million | ILA 48.05 Million |
Elspec - Advanced Valuation Insights
This section examines the relationship between Elspec'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 | 1.23 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | ILA113.68 Million |
| Market Capitalization | $263.13K USD |
Valuation Analysis
Below Book Valuation: The market values Elspec's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Elspec's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Elspec (2004–2024)
The table below shows the annual total assets of Elspec from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA113.68 Million | +12.89% |
| 2023-12-31 | ILA100.70 Million | +8.57% |
| 2022-12-31 | ILA92.75 Million | +3.55% |
| 2021-12-31 | ILA89.58 Million | +6.39% |
| 2020-12-31 | ILA84.19 Million | -5.35% |
| 2019-12-31 | ILA88.96 Million | +28.25% |
| 2018-12-31 | ILA69.36 Million | +5.63% |
| 2017-12-31 | ILA65.67 Million | +5.12% |
| 2016-12-31 | ILA62.47 Million | -9.16% |
| 2015-12-31 | ILA68.77 Million | -2.94% |
| 2014-12-31 | ILA70.85 Million | +7.65% |
| 2013-12-31 | ILA65.82 Million | -23.26% |
| 2012-12-31 | ILA85.77 Million | +1.33% |
| 2011-12-31 | ILA84.64 Million | +5.41% |
| 2010-12-31 | ILA80.30 Million | -26.95% |
| 2009-12-31 | ILA109.93 Million | +32.07% |
| 2008-12-31 | ILA83.24 Million | -28.90% |
| 2007-12-31 | ILA117.08 Million | -0.60% |
| 2006-12-31 | ILA117.78 Million | +63.72% |
| 2005-12-31 | ILA71.94 Million | +50.49% |
| 2004-12-31 | ILA47.80 Million | -- |