Galileo Tech Ltd (GLTC) - Total Assets
Based on the latest financial reports, Galileo Tech Ltd (GLTC) holds total assets worth ILA216.00K ILA (≈ $579.09 USD) as of December 2023. 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. Check total reinvestment intensity of Galileo Tech Ltd to assess the company's total reinvestment commitment from operating cash flow.
Galileo Tech Ltd - Total Assets Trend (2015–2023)
This chart illustrates how Galileo Tech Ltd's total assets have evolved over time, based on quarterly financial data. Check Galileo Tech Ltd (GLTC) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Galileo Tech Ltd - Asset Composition Analysis
Current Asset Composition (December 2023)
Galileo Tech Ltd's total assets of ILA216.00K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 67.6% |
| Accounts Receivable | ILA0.00 | 0.0% |
| Inventory | ILA0.00 | 0.0% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2015–2023)
This chart illustrates how Galileo Tech 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. For live market cap, price, and company overview, see how much is Galileo Tech Ltd worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Galileo Tech Ltd's current assets represent 100.0% of total assets in 2023, an increase from 34.1% in 2015.
- Cash Position: Cash and equivalents constituted 67.6% of total assets in 2023, up from 1.7% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Galileo Tech Ltd Competitors by Total Assets
Key competitors of Galileo Tech Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chongqing Sanfeng Environment Group Corp Ltd
SHG:601827
|
China | CN¥26.12 Billion |
|
Guangdong Feinan Resources Recycling Co Ltd
SHE:301500
|
China | CN¥12.73 Billion |
|
Hunan Airbluer Environmental Protection Technology Co. Ltd.
SHE:301259
|
China | CN¥1.71 Billion |
|
American Battery Technology Company Common Stock
NASDAQ:ABAT
|
USA | $123.34 Million |
|
Zhejiang Zone King Environmental Sci&Tech Co Ltd
SHG:688701
|
China | CN¥497.22 Million |
|
Infragreen Group Ltd
AU:IFN
|
Australia | AU$151.38 Million |
|
Multi Hanna Kreasindo Tbk Pt
JK:MHKI
|
Indonesia | Rp502.00 Billion |
|
Earthworks Industries Inc
V:EWK
|
Canada | CA$43.20K |
Galileo Tech 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 | 0.06 | 0.07 | 0.11 |
| Quick Ratio | 0.06 | 0.07 | 0.11 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA-3.50 Million | ILA-2.45 Million | ILA-431.00K |
Galileo Tech Ltd - Advanced Valuation Insights
This section examines the relationship between Galileo Tech 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 | 2.46 |
| Latest Market Cap to Assets Ratio | 2.44 |
| Asset Growth Rate (YoY) | -97.2% |
| Total Assets | ILA216.00K |
| Market Capitalization | $526.20K USD |
Valuation Analysis
Premium Asset Valuation: The market values Galileo Tech Ltd's assets at a significant premium (2.44x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Galileo Tech Ltd's assets decreased by 97.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Galileo Tech Ltd (2015–2023)
The table below shows the annual total assets of Galileo Tech Ltd from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | ILA216.00K ≈ $579.09 |
-97.16% |
| 2022-12-31 | ILA7.60 Million ≈ $20.39K |
-62.14% |
| 2021-12-31 | ILA20.09 Million ≈ $53.85K |
+1729.23% |
| 2020-12-31 | ILA1.10 Million ≈ $2.94K |
-17.07% |
| 2019-12-31 | ILA1.32 Million ≈ $3.55K |
+2307.27% |
| 2018-12-31 | ILA55.00K ≈ $147.45 |
-94.55% |
| 2017-12-31 | ILA1.01 Million ≈ $2.71K |
-0.10% |
| 2016-12-31 | ILA1.01 Million ≈ $2.71K |
-83.04% |
| 2015-12-31 | ILA5.96 Million ≈ $15.98K |
-- |
About Galileo Tech Ltd
Galileo Tech Ltd engages in the development of products for smart cities management and fintech in Israel and internationally. The company provides information and communication technologies, and IoT solutions for the purpose of managing the city's assets, including local information systems, schools, libraries, transportation systems, hospitals, power plants, water supply infrastructure, garbage… Read more