Turnium Technology Group Inc.
Turnium Technology Group Inc. provides IT solutions worldwide. It builds Technology-as-a-Service platform that incorporates the services, platforms, and capabilities that ISPs, MSPs, IT providers, VoIP/UCaaS, CCaaS, or cloud providers need. The company also offers deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market. Turnium T… Read more
Turnium Technology Group Inc. (TTGI) - Total Assets
Latest total assets as of September 2025: CA$6.59 Million CAD
Based on the latest financial reports, Turnium Technology Group Inc. (TTGI) holds total assets worth CA$6.59 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.
Turnium Technology Group Inc. - Total Assets Trend (2020–2025)
This chart illustrates how Turnium Technology Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Turnium Technology Group Inc. - Asset Composition Analysis
Current Asset Composition (September 2025)
Turnium Technology Group Inc.'s total assets of CA$6.59 Million consist of 43.6% current assets and 56.4% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 5.6% |
| Accounts Receivable | CA$336.07K | 5.1% |
| Inventory | CA$18.95K | 0.3% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$3.43 Million | 52.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Turnium Technology Group 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: Turnium Technology Group Inc.'s current assets represent 43.6% of total assets in 2025, a decrease from 91.9% in 2020.
- Cash Position: Cash and equivalents constituted 5.6% of total assets in 2025, down from 51.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 52.0% of total assets.
Turnium Technology Group Inc. Competitors by Total Assets
Key competitors of Turnium Technology Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Turnium Technology Group 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 - Turnium Technology Group Inc. generates 1.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Turnium Technology Group Inc. is currently not profitable relative to its asset base.
Turnium Technology Group 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 | 0.25 | 0.07 | 0.30 |
| Quick Ratio | 0.25 | 0.07 | 0.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-8.61 Million | CA$ -8.28 Million | CA$ -2.81 Million |
Turnium Technology Group Inc. - Advanced Valuation Insights
This section examines the relationship between Turnium Technology Group 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 | 1.15 |
| Asset Growth Rate (YoY) | -41.9% |
| Total Assets | CA$6.59 Million |
| Market Capitalization | $7.57 Million USD |
Valuation Analysis
Above Book Valuation: The market values Turnium Technology Group Inc.'s assets above their book value (1.15 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Turnium Technology Group Inc.'s assets decreased by 41.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Turnium Technology Group Inc. (2020–2025)
The table below shows the annual total assets of Turnium Technology Group Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | CA$6.59 Million | -41.93% |
| 2024-09-30 | CA$11.36 Million | +291.05% |
| 2023-09-30 | CA$2.90 Million | -17.33% |
| 2022-09-30 | CA$3.51 Million | +40.91% |
| 2021-09-30 | CA$2.49 Million | +193.79% |
| 2020-09-30 | CA$848.63K | -- |