Cheelcare Inc.
Cheelcare Inc. develops, manufactures, and distributes assistive mobility devices. It offers robotic complex rehab power wheelchairs, power add-ons for manual wheelchairs, and wheelchair accessories. The company is based in Richmond Hill, Canada.
Cheelcare Inc. (CHER) - Total Assets
Latest total assets as of January 2025: CA$4.27 Million CAD
Based on the latest financial reports, Cheelcare Inc. (CHER) holds total assets worth CA$4.27 Million CAD as of January 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.
Cheelcare Inc. - Total Assets Trend (2023–2024)
This chart illustrates how Cheelcare Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cheelcare Inc. - Asset Composition Analysis
Current Asset Composition (April 2024)
Cheelcare Inc.'s total assets of CA$4.27 Million consist of 95.0% current assets and 5.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.2% |
| Accounts Receivable | CA$130.79K | 21.9% |
| Inventory | CA$334.68K | 55.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$23.05K | 3.9% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2023–2024)
This chart illustrates how Cheelcare Inc.'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: Cheelcare Inc.'s current assets represent 95.0% of total assets in 2024, an increase from 91.7% in 2023.
- Cash Position: Cash and equivalents constituted 11.2% of total assets in 2024, up from 10.1% in 2023.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 6.0% in 2023.
- Asset Diversification: The largest asset category is inventory at 55.9% of total assets.
Cheelcare Inc. Competitors by Total Assets
Key competitors of Cheelcare Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Cheelcare Inc. - 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
Strong asset utilization - Cheelcare Inc. generates 2.40x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Cheelcare Inc. is currently not profitable relative to its asset base.
Cheelcare Inc. - 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 | 0.82 | 0.50 | - |
| Quick Ratio | 0.74 | 0.21 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | CA$-945.08K | CA$ -559.47K | - |
Cheelcare Inc. - Advanced Valuation Insights
This section examines the relationship between Cheelcare Inc.'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 | 0.02 |
| Asset Growth Rate (YoY) | 55.9% |
| Total Assets | CA$598.48K |
| Market Capitalization | $11.70K USD |
Valuation Analysis
Below Book Valuation: The market values Cheelcare Inc.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Cheelcare Inc.'s assets grew by 55.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Cheelcare Inc. (2023–2024)
The table below shows the annual total assets of Cheelcare Inc. from 2023 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-04-30 | CA$598.48K | +55.89% |
| 2023-04-30 | CA$383.92K | -- |