CLEANTEK Industries Inc (CTEK) - Total Assets
Based on the latest financial reports, CLEANTEK Industries Inc (CTEK) holds total assets worth CA$14.52 Million CAD (≈ $10.50 Million USD) 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. See CLEANTEK Industries Inc shareholders equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see CLEANTEK Industries Inc market cap and net worth.
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 |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
CLEANTEK Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.83 | 0.47 | 0.14 |
| Quick Ratio | 0.82 | 0.47 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-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 | 9.10 |
| Latest Market Cap to Assets Ratio | 1.17 |
| Asset Growth Rate (YoY) | -10.6% |
| Total Assets | CA$13.64 Million |
| Market Capitalization | $15.90 Million USD |
Valuation Analysis
Above Book Valuation: The market values CLEANTEK Industries Inc's assets above their book value (1.17x), reflecting positive investor sentiment about the company's future prospects.
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 ≈ $9.87 Million |
-10.63% |
| 2023-12-31 | CA$15.26 Million ≈ $11.04 Million |
-4.11% |
| 2022-12-31 | CA$15.92 Million ≈ $11.51 Million |
-7.22% |
| 2021-12-31 | CA$17.16 Million ≈ $12.41 Million |
+25.80% |
| 2020-12-31 | CA$13.64 Million ≈ $9.86 Million |
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About 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