CLEANTEK Industries Inc
Cleantek Industries Inc. manufactures and markets technology-based equipment in Western Canada and the United States. The company offers lighting solutions, such as Halo, a crown-mounted lighting system; SolarHybrid light towers; Stadium Lighting, a LED tower lighting solution; EcoSteam, a mobile evaporation platform; DZeroE, a wastewater evaporation system; and SecureTek, a site security and sur… Read more
CLEANTEK Industries Inc (CTEK) - Total Assets
Latest total assets as of September 2025: CA$14.52 Million CAD
Based on the latest financial reports, CLEANTEK Industries Inc (CTEK) holds total assets worth CA$14.52 Million CAD as of September 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.
CLEANTEK Industries Inc - Total Assets Trend (2020–2024)
This chart illustrates how CLEANTEK Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CLEANTEK Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
CLEANTEK Industries Inc's total assets of CA$14.52 Million consist of 23.7% current assets and 76.3% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 2.0% |
| Accounts Receivable | CA$2.51 Million | 18.4% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$279.00K | 2.1% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how CLEANTEK Industries 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: CLEANTEK Industries Inc's current assets represent 23.7% of total assets in 2024, an increase from 15.9% in 2020.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 4.4% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 18.4% of total assets.
CLEANTEK Industries Inc Competitors by Total Assets
Key competitors of CLEANTEK Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
CLEANTEK Industries 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 - CLEANTEK Industries Inc generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, CLEANTEK Industries Inc generates $9.26 in net profit.
CLEANTEK Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.83 | 0.47 | 0.14 |
| Quick Ratio | 0.82 | 0.47 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-920.00K | CA$ -2.90 Million | CA$ -16.27 Million |
CLEANTEK Industries Inc - Advanced Valuation Insights
This section examines the relationship between CLEANTEK Industries 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 | 11.19 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | CA$13.64 Million |
| Market Capitalization | $7.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values CLEANTEK Industries Inc's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CLEANTEK Industries Inc's assets decreased by 10.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CLEANTEK Industries Inc (2020–2024)
The table below shows the annual total assets of CLEANTEK Industries Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$13.64 Million | -10.63% |
| 2023-12-31 | CA$15.26 Million | -4.11% |
| 2022-12-31 | CA$15.92 Million | -7.22% |
| 2021-12-31 | CA$17.16 Million | +25.80% |
| 2020-12-31 | CA$13.64 Million | -- |