Finseta Plc
Finseta Plc, a foreign exchange and payment company, engages in the provision of multi-currency accounts to businesses and individuals. The company offers international payment, currency management, and electronic account services using its proprietary cloud-based multi-currency payments platform. It also provides Finseta Mastercard, a corporate card. The company was formerly known as Cornerstone… Read more
Finseta Plc (FIN) - Total Assets
Latest total assets as of June 2025: GBX7.77 Million GBX
Based on the latest financial reports, Finseta Plc (FIN) holds total assets worth GBX7.77 Million GBX as of June 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.
Finseta Plc - Total Assets Trend (2016–2024)
This chart illustrates how Finseta Plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Finseta Plc - Asset Composition Analysis
Current Asset Composition (December 2024)
Finseta Plc's total assets of GBX7.77 Million consist of 57.3% current assets and 42.7% non-current assets.
| Asset Category | Amount (GBX) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | GBX0.00 | 34.9% |
| Accounts Receivable | GBX1.65 Million | 22.4% |
| Inventory | GBX0.00 | 0.0% |
| Property, Plant & Equipment | GBX0.00 | 0.0% |
| Intangible Assets | GBX2.01 Million | 27.1% |
| Goodwill | GBX280.66K | 3.8% |
Asset Composition Trend (2016–2024)
This chart illustrates how Finseta Plc'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: Finseta Plc's current assets represent 57.3% of total assets in 2024, an increase from 45.9% in 2016.
- Cash Position: Cash and equivalents constituted 34.9% of total assets in 2024, up from 34.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 21.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 27.1% of total assets.
Finseta Plc Competitors by Total Assets
Key competitors of Finseta Plc 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 |
Finseta Plc - 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 - Finseta Plc generates 1.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Finseta Plc generates $ 13.47 in net profit.
Finseta Plc - 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 | 1.66 | 1.86 | 0.94 |
| Quick Ratio | 1.66 | 1.86 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | GBX1.83 Million | GBX 1.76 Million | GBX -92.25 Million |
Finseta Plc - Advanced Valuation Insights
This section examines the relationship between Finseta Plc'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 | 2.97 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | GBX7.40 Million |
| Market Capitalization | $1.01K USD |
Valuation Analysis
Below Book Valuation: The market values Finseta Plc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Finseta Plc's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Finseta Plc (2016–2024)
The table below shows the annual total assets of Finseta Plc from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | GBX7.40 Million | +9.63% |
| 2023-12-31 | GBX6.75 Million | +54.14% |
| 2022-12-31 | GBX4.38 Million | +203.87% |
| 2021-12-31 | GBX1.44 Million | +32.96% |
| 2020-12-31 | GBX1.08 Million | +145.77% |
| 2019-12-31 | GBX440.76K | -99.99% |
| 2018-12-31 | GBX3.33 Billion | -6.96% |
| 2017-12-31 | GBX3.58 Billion | +17.77% |
| 2016-12-31 | GBX3.04 Billion | -- |