Elspec Total Assets
Elspec total assets. Based on the latest financial reports, Elspec (ELSPC) holds total assets worth ILA110.09 Million ILA (≈ $295.16K USD) 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. Also see ELSPC market cap for the company's overall valuation and market capitalisation.
Total Assets of Elspec (2004–2024)
Total assets of Elspec from 2004 to 2024. This chart illustrates how Elspec's total assets have evolved over time, based on quarterly financial data. See Elspec stock price for real-time trading data and today's change.
Elspec - Asset Composition Analysis
Elspec Total Assets Breakdown (December 2024)
Elspec total assets breakdown as of 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. Explore Elspec current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Hayward Holdings Inc
NYSE:HAYW
|
USA | $3.14 Billion |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772
|
China | CN¥25.88 Billion |
|
Tongling Jingd
SHG:600577
|
China | CN¥16.78 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Ls Cable & System Asia Ltd
KO:229640
|
Korea | ₩576.45 Billion |
|
Wuxi Xinhongye Wire & Cable Co. Ltd. A
SHE:301310
|
China | CN¥5.83 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
Korea | ₩1.34 Trillion |
|
Guangzhou Haoyang Electronic Co Ltd
SHE:300833
|
China | CN¥2.74 Billion |
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 | ILA61.75 Million | ILA48.05 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 | 0.18 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | ILA113.68 Million |
| Market Capitalization | $20.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Elspec's assets below their book value (0.18x), 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 ≈ $304.77K |
+12.89% |
| 2023-12-31 | ILA100.70 Million ≈ $269.97K |
+8.57% |
| 2022-12-31 | ILA92.75 Million ≈ $248.67K |
+3.55% |
| 2021-12-31 | ILA89.58 Million ≈ $240.15K |
+6.39% |
| 2020-12-31 | ILA84.19 Million ≈ $225.72K |
-5.35% |
| 2019-12-31 | ILA88.96 Million ≈ $238.49K |
+28.25% |
| 2018-12-31 | ILA69.36 Million ≈ $185.96K |
+5.63% |
| 2017-12-31 | ILA65.67 Million ≈ $176.06K |
+5.12% |
| 2016-12-31 | ILA62.47 Million ≈ $167.48K |
-9.16% |
| 2015-12-31 | ILA68.77 Million ≈ $184.36K |
-2.94% |
| 2014-12-31 | ILA70.85 Million ≈ $189.95K |
+7.65% |
| 2013-12-31 | ILA65.82 Million ≈ $176.46K |
-23.26% |
| 2012-12-31 | ILA85.77 Million ≈ $229.93K |
+1.33% |
| 2011-12-31 | ILA84.64 Million ≈ $226.92K |
+5.41% |
| 2010-12-31 | ILA80.30 Million ≈ $215.28K |
-26.95% |
| 2009-12-31 | ILA109.93 Million ≈ $294.71K |
+32.07% |
| 2008-12-31 | ILA83.24 Million ≈ $223.15K |
-28.90% |
| 2007-12-31 | ILA117.08 Million ≈ $313.88K |
-0.60% |
| 2006-12-31 | ILA117.78 Million ≈ $315.76K |
+63.72% |
| 2005-12-31 | ILA71.94 Million ≈ $192.86K |
+50.49% |
| 2004-12-31 | ILA47.80 Million ≈ $128.16K |
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About 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