Micronet Ltd

TA:MCRNL Israel Other
Market Cap
$13.63K
ILA5.08 Million ILA
Market Cap Rank
#44425 Global
#436 in Israel
Share Price
ILA521.10
Change (1 day)
+0.10%
52-Week Range
ILA227.00 - ILA723.80
All Time High
ILA1554.00
About

Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. The company offers Micronet SmarTab, an android rugged tablet designed for both in vehicle and out of vehicle use; Micronet SmartHub, a telematics on board computer; TREQ-317, an automotive grade platform for various fleet management and ELD solutions; … Read more

Micronet Ltd (MCRNL) - Total Assets

Latest total assets as of September 2018: ILA43.31 Million ILA

Based on the latest financial reports, Micronet Ltd (MCRNL) holds total assets worth ILA43.31 Million ILA as of September 2018.

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.

Micronet Ltd - Total Assets Trend (2008–2017)

This chart illustrates how Micronet Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Micronet Ltd - Asset Composition Analysis

Current Asset Composition (December 2017)

Micronet Ltd's total assets of ILA43.31 Million consist of 74.6% current assets and 25.4% non-current assets.

Asset Category Amount (ILA) % of Total Assets
Cash & Equivalents ILA0.00 9.6%
Accounts Receivable ILA19.02 Million 31.7%
Inventory ILA17.26 Million 28.8%
Property, Plant & Equipment ILA3.74 Million 6.2%
Intangible Assets ILA4.48 Million 7.5%
Goodwill ILA5.08 Million 8.5%

Asset Composition Trend (2008–2017)

This chart illustrates how Micronet 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: Micronet Ltd's current assets represent 74.6% of total assets in 2017, an increase from 0.0% in 2008.
  • Cash Position: Cash and equivalents constituted 9.6% of total assets in 2017, down from 15.1% in 2008.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 15.0% of total assets, an increase from 0.0% in 2008.
  • Asset Diversification: The largest asset category is accounts receivable at 31.7% of total assets.

Micronet Ltd Competitors by Total Assets

Key competitors of Micronet Ltd based on total assets are shown below.

Company Country Total Assets
MANHATTAN ASSOC
BE:MHT
Germany €698.14 Million
TV BROADCAST
MU:TBCN
Germany €6.25 Billion
FIRST CITIZENS BC A
BE:FC6A
Germany €220.57 Billion
COSTCO WHSL
MU:CTO
Germany €69.83 Billion
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
Germany €1.73 Trillion
BURCKHARDT COMPRE N
MU:B5H
Germany €1.07 Billion
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
USA $886.19 Million
Big Tech 50 R&D-Limited Partnership
TA:BIGT
Israel ILA14.08 Million

Micronet 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

Historical Range: 0.35 - 1.30

Strong asset utilization - Micronet Ltd generates 1.10x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -28.28% - 22.51%

Negative ROA - Micronet Ltd is currently not profitable relative to its asset base.

Micronet 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 1.86 1.85 2.23
Quick Ratio 0.87 1.13 1.55
Cash Ratio 0.00 0.00 0.00
Working Capital ILA13.59 Million ILA 20.53 Million ILA 29.98 Million

Micronet Ltd - Advanced Valuation Insights

This section examines the relationship between Micronet 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 -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -4.2%
Total Assets ILA60.00 Million
Market Capitalization $13.97K USD

Valuation Analysis

Below Book Valuation: The market values Micronet Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Micronet Ltd's assets decreased by 4.2% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Micronet Ltd (2008–2017)

The table below shows the annual total assets of Micronet Ltd from 2008 to 2017.

Year Total Assets Change
2017-12-31 ILA60.00 Million -4.16%
2016-12-31 ILA62.60 Million -31.46%
2015-12-31 ILA91.34 Million -11.46%
2014-12-31 ILA103.16 Million +27.78%
2013-12-31 ILA80.73 Million +0.82%
2012-12-31 ILA80.07 Million +10.48%
2011-12-31 ILA72.47 Million +24.56%
2010-12-31 ILA58.18 Million -4.88%
2009-12-31 ILA61.17 Million -5.80%
2008-12-31 ILA64.94 Million --