Polaris Office Corp (041020) - Total Assets
Based on the latest financial reports, Polaris Office Corp (041020) holds total assets worth ₩629.46 Billion KRW (≈ $426.58 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 shareholders equity of Polaris Office Corp for net asset value and shareholders' equity analysis.
Polaris Office Corp - Total Assets Trend (2011–2024)
This chart illustrates how Polaris Office Corp's total assets have evolved over time, based on quarterly financial data.
Polaris Office Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Polaris Office Corp's total assets of ₩629.46 Billion consist of 56.4% current assets and 43.6% non-current assets.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩99.21 Billion | 0.0% |
| Accounts Receivable | ₩59.57 Billion | 11.5% |
| Inventory | ₩59.08 Billion | 11.4% |
| Property, Plant & Equipment | ₩129.32 Billion | 24.9% |
| Intangible Assets | ₩18.73 Billion | 3.6% |
| Goodwill | ₩33.86 Billion | 6.5% |
Asset Composition Trend (2011–2024)
This chart illustrates how Polaris Office 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. For live market cap, price, and company overview, see 041020 company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Polaris Office Corp's current assets represent 56.4% of total assets in 2024, an increase from 0.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 6.0% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 12.0% in 2011.
- Asset Diversification: The largest asset category is property, plant & equipment at 24.9% of total assets.
Polaris Office Corp Competitors by Total Assets
Key competitors of Polaris Office Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Wemade Co.Ltd
KQ:112040
|
Korea | ₩1.75 Trillion |
|
GABIA Inc
KQ:079940
|
Korea | ₩619.69 Billion |
|
Abra Information Technologies Ltd
TA:BBYL
|
Israel | ILA152.68 Million |
|
Upsellon Brands Holdings Ltd
TA:CHR
|
Israel | ILA1.41 Million |
|
AfreecaTV Co. Ltd
KQ:067160
|
Korea | ₩884.80 Billion |
|
KINX Inc
KQ:093320
|
Korea | ₩335.57 Billion |
|
NEOWIZ
KQ:095660
|
Korea | ₩664.58 Billion |
|
Hancom Inc
KQ:030520
|
Korea | ₩721.79 Billion |
Polaris Office 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 | 3.45 | 4.10 | 1.42 |
| Quick Ratio | 2.69 | 3.18 | 1.42 |
| Cash Ratio | 0.00 | 1.09 | 0.00 |
| Working Capital | ₩210.49 Billion | ₩224.17 Billion | ₩7.36 Billion |
Polaris Office Corp - Advanced Valuation Insights
This section examines the relationship between Polaris Office 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 | 2.53 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 63.6% |
| Total Assets | ₩519.77 Billion |
| Market Capitalization | $125.79 Million USD |
Valuation Analysis
Below Book Valuation: The market values Polaris Office Corp's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Polaris Office Corp's assets grew by 63.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Polaris Office Corp (2011–2024)
The table below shows the annual total assets of Polaris Office Corp from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩519.77 Billion ≈ $352.24 Million |
+63.64% |
| 2023-12-31 | ₩317.63 Billion ≈ $215.26 Million |
+319.70% |
| 2022-12-31 | ₩75.68 Billion ≈ $51.29 Million |
+41.51% |
| 2021-12-31 | ₩53.48 Billion ≈ $36.24 Million |
+6.73% |
| 2020-12-31 | ₩50.11 Billion ≈ $33.96 Million |
+42.29% |
| 2019-12-31 | ₩35.22 Billion ≈ $23.87 Million |
-17.94% |
| 2018-12-31 | ₩42.92 Billion ≈ $29.09 Million |
-3.66% |
| 2017-12-31 | ₩44.55 Billion ≈ $30.19 Million |
-3.73% |
| 2016-12-31 | ₩46.28 Billion ≈ $31.36 Million |
-32.88% |
| 2015-12-31 | ₩68.95 Billion ≈ $46.73 Million |
-28.45% |
| 2014-12-31 | ₩96.37 Billion ≈ $65.31 Million |
-20.77% |
| 2013-12-31 | ₩121.63 Billion ≈ $82.42 Million |
+35.02% |
| 2012-12-31 | ₩90.08 Billion ≈ $61.05 Million |
-11.04% |
| 2011-12-31 | ₩101.25 Billion ≈ $68.62 Million |
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About Polaris Office Corp
Polaris Office Corp. provides productivity and collaboration solutions to businesses, organizations, and individuals in South Korea. It offers Polaris Office, an office software product that allows users to work with documents on a variety of platforms and devices; Atlassian, a consulting and collaboration tool that helps in improving work productivity; and V-Guard, a mobile security solution wit… Read more