Fire & Gas Detection Technologies Ltd
Fire & Gas Detection Technologies Ltd, together with its subsidiary, develops, manufactures, and markets optical fire and gas detectors in Israel. Its products are used in fuel, gas, and petrochemical industries, as well as other high-risk fire sites. The company was incorporated in 2017 and is based in Sderot, Israel.
Fire & Gas Detection Technologies Ltd (FGAS) - Total Assets
Latest total assets as of June 2025: ILA18.82 Million ILA
Based on the latest financial reports, Fire & Gas Detection Technologies Ltd (FGAS) holds total assets worth ILA18.82 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.
Fire & Gas Detection Technologies Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Fire & Gas Detection Technologies Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fire & Gas Detection Technologies Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Fire & Gas Detection Technologies Ltd's total assets of ILA18.82 Million consist of 70.0% current assets and 30.0% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 21.5% |
| Accounts Receivable | ILA1.31 Million | 6.6% |
| Inventory | ILA8.00 Million | 40.3% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA1.46 Million | 7.4% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Fire & Gas Detection Technologies Ltd'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: Fire & Gas Detection Technologies Ltd's current assets represent 70.0% of total assets in 2024, a decrease from 89.1% in 2017.
- Cash Position: Cash and equivalents constituted 21.5% of total assets in 2024, down from 81.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 40.3% of total assets.
Fire & Gas Detection Technologies Ltd Competitors by Total Assets
Key competitors of Fire & Gas Detection Technologies Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Fire & Gas Detection Technologies Ltd - 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 - Fire & Gas Detection Technologies Ltd generates 0.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Fire & Gas Detection Technologies Ltd is currently not profitable relative to its asset base.
Fire & Gas Detection Technologies Ltd - 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 | 1.89 | 5.68 | 0.35 |
| Quick Ratio | 0.70 | 2.52 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA6.00 Million | ILA 42.49 Million | ILA -26.32 Million |
Fire & Gas Detection Technologies Ltd - Advanced Valuation Insights
This section examines the relationship between Fire & Gas Detection Technologies Ltd'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 | 22.58 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | ILA19.85 Million |
| Market Capitalization | $653.25K USD |
Valuation Analysis
Below Book Valuation: The market values Fire & Gas Detection Technologies Ltd's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Fire & Gas Detection Technologies Ltd's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Fire & Gas Detection Technologies Ltd (2017–2024)
The table below shows the annual total assets of Fire & Gas Detection Technologies Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA19.85 Million | +10.23% |
| 2023-12-31 | ILA18.01 Million | +66.37% |
| 2022-12-31 | ILA10.83 Million | -17.46% |
| 2021-12-31 | ILA13.12 Million | +24.01% |
| 2020-12-31 | ILA10.58 Million | -32.90% |
| 2019-12-31 | ILA15.76 Million | +146.18% |
| 2018-12-31 | ILA6.40 Million | +61.57% |
| 2017-12-31 | ILA3.96 Million | -- |