Argo Blockchain PLC ADR (ARBK) - Total Assets
Based on the latest financial reports, Argo Blockchain PLC ADR (ARBK) holds total assets worth $9.08 Million USD 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.
Argo Blockchain PLC ADR - Total Assets Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC ADR's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Argo Blockchain PLC ADR - Asset Composition Analysis
Current Asset Composition (December 2024)
Argo Blockchain PLC ADR's total assets of $9.08 Million consist of 60.8% current assets and 39.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 44.8% |
| Accounts Receivable | $140.00K | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $141.00K | 0.7% |
| Goodwill | $35.00K | 0.2% |
Asset Composition Trend (2018–2024)
This chart illustrates how Argo Blockchain PLC ADR'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: Argo Blockchain PLC ADR's current assets represent 60.8% of total assets in 2024, a decrease from 85.8% in 2018.
- Cash Position: Cash and equivalents constituted 44.8% of total assets in 2024, down from 75.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 0.7% of total assets.
Argo Blockchain PLC ADR Competitors by Total Assets
Key competitors of Argo Blockchain PLC ADR based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
East Money Information Co Ltd
SHE:300059
|
China | CN¥392.93 Billion |
|
IREN Ltd
NASDAQ:IREN
|
USA | $7.03 Billion |
|
Guoyuan Securities Co Ltd
SHE:000728
|
China | CN¥184.89 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Nitratos de Chile SA
SN:NITRATOS
|
Chile | CL$930.82 Million |
|
VIX Securities JSC
VN:VIX
|
Vietnam | ₫34.17 Trillion |
|
Hanyang Securities Co Ltd
KO:001755
|
Korea | ₩5.09 Trillion |
|
Bourse Direct SA
PA:BSD
|
France | €1.28 Billion |
Argo Blockchain PLC ADR - 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 | 0.75 | 0.43 | 2.01 |
| Quick Ratio | 0.75 | 0.43 | 2.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.72 Million | $-8.19 Million | $1.11 Million |
Argo Blockchain PLC ADR - Advanced Valuation Insights
This section examines the relationship between Argo Blockchain PLC ADR'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 | 8.39 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -74.6% |
| Total Assets | $19.26 Million |
| Market Capitalization | $957.54K USD |
Valuation Analysis
Below Book Valuation: The market values Argo Blockchain PLC ADR's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Argo Blockchain PLC ADR's assets decreased by 74.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Argo Blockchain PLC ADR (2018–2024)
The table below shows the annual total assets of Argo Blockchain PLC ADR from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $19.26 Million | -74.64% |
| 2023-12-31 | $75.94 Million | -31.11% |
| 2022-12-31 | $110.23 Million | -71.60% |
| 2021-12-31 | $388.15 Million | +772.50% |
| 2020-12-31 | $44.49 Million | +37.23% |
| 2019-12-31 | $32.42 Million | +18.02% |
| 2018-12-31 | $27.47 Million | -- |
About Argo Blockchain PLC ADR
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining activities. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.