MINDs Lab Inc. (377480) - Total Assets
Based on the latest financial reports, MINDs Lab Inc. (377480) holds total assets worth ₩56.16 Billion KRW (≈ $38.06 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.
MINDs Lab Inc. - Total Assets Trend (2019–2024)
This chart illustrates how MINDs Lab Inc.'s total assets have evolved over time, based on quarterly financial data. Also see MINDs Lab Inc. market cap and net worth for the company's overall valuation and market capitalisation.
MINDs Lab Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
MINDs Lab Inc.'s total assets of ₩56.16 Billion consist of 28.0% current assets and 72.0% non-current assets. Review 377480 total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (KRW) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 21.8% |
| Accounts Receivable | ₩682.48 Million | 1.4% |
| Inventory | ₩72.00 Million | 0.2% |
| Property, Plant & Equipment | ₩0.00 | 0.0% |
| Intangible Assets | ₩123.73 Million | 0.3% |
| Goodwill | ₩1.45 Billion | 2.9% |
Asset Composition Trend (2019–2024)
This chart illustrates how MINDs Lab 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. See 377480 stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MINDs Lab Inc.'s current assets represent 28.0% of total assets in 2024, a decrease from 64.2% in 2019.
- Cash Position: Cash and equivalents constituted 21.8% of total assets in 2024, up from 0.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 2.9% of total assets.
MINDs Lab Inc. Competitors by Total Assets
Key competitors of MINDs Lab Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Kingsoft Office Software In
SHG:688111
|
China | CN¥20.22 Billion |
|
Duolingo Inc
NASDAQ:DUOL
|
USA | $2.07 Billion |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.85 Billion |
|
Beijing Teamsun Technology Co Ltd
SHG:600410
|
China | CN¥9.22 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.33 Billion |
|
Rpmglobal Holdings Ltd
AU:RUL
|
Australia | AU$140.65 Million |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
China | $22.90 Billion |
MINDs Lab 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 | 1.51 | 0.91 | 0.20 |
| Quick Ratio | 1.50 | 0.91 | 0.20 |
| Cash Ratio | 0.00 | 0.75 | 0.15 |
| Working Capital | ₩7.22 Billion | ₩-1.43 Billion | ₩-35.62 Billion |
MINDs Lab Inc. - Advanced Valuation Insights
This section examines the relationship between MINDs Lab 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 | 4.61 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | ₩49.65 Billion |
| Market Capitalization | $47.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values MINDs Lab Inc.'s assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: MINDs Lab Inc.'s assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MINDs Lab Inc. (2019–2024)
The table below shows the annual total assets of MINDs Lab Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₩49.65 Billion ≈ $33.65 Million |
-10.74% |
| 2023-12-31 | ₩55.63 Billion ≈ $37.70 Million |
+47.20% |
| 2022-12-31 | ₩37.79 Billion ≈ $25.61 Million |
+6.79% |
| 2021-12-31 | ₩35.38 Billion ≈ $23.98 Million |
+56.74% |
| 2020-12-31 | ₩22.57 Billion ≈ $15.30 Million |
-17.64% |
| 2019-12-31 | ₩27.41 Billion ≈ $18.58 Million |
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About MINDs Lab Inc.
Maum.AI, Inc. operates as an AI service provider in South Korea and internationally. Its services are based on online information, data analysis consulting, and computer programming. The company was founded in 2014 and is headquartered in Seongnam-si, South Korea.