Micronet Ltd (MCRNT) - Total Assets
Based on the latest financial reports, Micronet Ltd (MCRNT) holds total assets worth ILA16.66 Million ILA (≈ $44.67K USD) as of December 2024. 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. Explore how well can Micronet Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
Micronet Ltd - Total Assets Trend (2017–2024)
This chart illustrates how Micronet Ltd's total assets have evolved over time, based on quarterly financial data. See Micronet Ltd net assets for net asset value and shareholders' equity analysis.
Micronet Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Micronet Ltd's total assets of ILA16.66 Million consist of 100.0% current assets and 0.1% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 98.0% |
| Accounts Receivable | ILA0.00 | 0.0% |
| Inventory | ILA51.00K | 0.3% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2017–2024)
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. For live market cap, price, and company overview, see Micronet Ltd (MCRNT) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Micronet Ltd's current assets represent 100.0% of total assets in 2024, an increase from 74.6% in 2017.
- Cash Position: Cash and equivalents constituted 98.0% of total assets in 2024, up from 9.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 15.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 0.3% 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 |
|---|---|---|
|
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308
|
China | CN¥56.58 Billion |
|
Fiberhome Telecommunication Technologies Co Ltd
SHG:600498
|
China | CN¥45.30 Billion |
|
Shenzhen SDG Information Co Ltd
SHE:000070
|
China | CN¥7.88 Billion |
|
Guangdong Shenglu Telecommunication Tech Co Ltd
SHE:002446
|
China | CN¥3.77 Billion |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
Taiwan | NT$8.12 Billion |
|
Tailyn Technologies
TWO:5353
|
Taiwan | NT$2.04 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
SensorView Co Ltd
KQ:321370
|
Korea | ₩36.55 Billion |
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 | 27.21 | 11.92 | 0.84 |
| Quick Ratio | 27.13 | 9.46 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA16.04 Million | ILA23.18 Million | ILA-2.37 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 | 2.82 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -38.5% |
| Total Assets | ILA16.66 Million |
| Market Capitalization | $9.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Micronet Ltd's assets below their book value (0.56x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Micronet Ltd's assets decreased by 38.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Micronet Ltd (2017–2024)
The table below shows the annual total assets of Micronet Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ILA16.66 Million ≈ $44.67K |
-38.49% |
| 2023-12-31 | ILA27.09 Million ≈ $72.61K |
-30.57% |
| 2022-12-31 | ILA39.01 Million ≈ $104.58K |
-14.62% |
| 2021-12-31 | ILA45.69 Million ≈ $122.49K |
+102.67% |
| 2020-12-31 | ILA22.54 Million ≈ $60.44K |
-18.62% |
| 2019-12-31 | ILA27.70 Million ≈ $74.27K |
-15.36% |
| 2018-12-31 | ILA32.73 Million ≈ $87.74K |
-45.45% |
| 2017-12-31 | ILA60.00 Million ≈ $160.86K |
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About Micronet Ltd
Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. It offers Micronet SmarTab, an android rugged tablet designed for in vehicle and out of vehicle use; Micronet SmartCam, an all-in-one video telematics device; and Micronet SmartHub, a telematics on board computer. The company's products are used in vari… Read more