SOFTCHOICE CORP.
Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software a… Read more
SOFTCHOICE CORP. (90Q) - Total Assets
Latest total assets as of September 2022: €591.23 Million EUR
Based on the latest financial reports, SOFTCHOICE CORP. (90Q) holds total assets worth €591.23 Million EUR as of September 2022.
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.
SOFTCHOICE CORP. - Total Assets Trend (2020–2021)
This chart illustrates how SOFTCHOICE CORP.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SOFTCHOICE CORP. - Asset Composition Analysis
Current Asset Composition (December 2021)
SOFTCHOICE CORP.'s total assets of €591.23 Million consist of 65.8% current assets and 34.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.4% |
| Accounts Receivable | €377.54 Million | 58.9% |
| Inventory | €425.00K | 0.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €54.50 Million | 8.5% |
| Goodwill | €138.69 Million | 21.6% |
Asset Composition Trend (2020–2021)
This chart illustrates how SOFTCHOICE CORP.'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: SOFTCHOICE CORP.'s current assets represent 65.8% of total assets in 2021, an increase from 59.9% in 2020.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2021, up from 0.2% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 29.0% of total assets, a decrease from 34.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 58.9% of total assets.
SOFTCHOICE CORP. Competitors by Total Assets
Key competitors of SOFTCHOICE CORP. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
SOFTCHOICE CORP. - 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 - SOFTCHOICE CORP. generates 1.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SOFTCHOICE CORP. is currently not profitable relative to its asset base.
SOFTCHOICE CORP. - 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 | 1.02 | 0.87 | 0.87 |
| Quick Ratio | 1.01 | 0.87 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.06 Million | € -63.03 Million | € -63.03 Million |
SOFTCHOICE CORP. - Advanced Valuation Insights
This section examines the relationship between SOFTCHOICE CORP.'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 | 15.59 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | €641.29 Million |
| Market Capitalization | $470.36 Million USD |
Valuation Analysis
Below Book Valuation: The market values SOFTCHOICE CORP.'s assets below their book value (0.73 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SOFTCHOICE CORP.'s assets grew by 6.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SOFTCHOICE CORP. (2020–2021)
The table below shows the annual total assets of SOFTCHOICE CORP. from 2020 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | €641.29 Million | +6.45% |
| 2020-12-31 | €602.40 Million | -- |