AvidXchange Holdings Inc (AVDX) - Total Assets
Based on the latest financial reports, AvidXchange Holdings Inc (AVDX) holds total assets worth $2.00 Billion 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. Check total reinvestment intensity of AvidXchange Holdings Inc to assess the company's total reinvestment commitment from operating cash flow.
AvidXchange Holdings Inc - Total Assets Trend (2019–2024)
This chart illustrates how AvidXchange Holdings Inc's total assets have evolved over time, based on quarterly financial data. Check AvidXchange Holdings Inc (AVDX) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
AvidXchange Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
AvidXchange Holdings Inc's total assets of $2.00 Billion consist of 82.3% current assets and 17.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 17.0% |
| Accounts Receivable | $65.75 Million | 3.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $71.07 Million | 3.4% |
| Goodwill | $165.92 Million | 7.9% |
Asset Composition Trend (2019–2024)
This chart illustrates how AvidXchange Holdings 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. For live market cap, price, and company overview, see how much is AvidXchange Holdings Inc worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AvidXchange Holdings Inc's current assets represent 82.3% of total assets in 2024, an increase from 53.7% in 2019.
- Cash Position: Cash and equivalents constituted 17.0% of total assets in 2024, down from 39.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, a decrease from 27.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 7.9% of total assets.
AvidXchange Holdings Inc Competitors by Total Assets
Key competitors of AvidXchange Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
USA | $611.73 Million |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
China | CN¥1.75 Billion |
|
Cafe24 Corp
KQ:042000
|
Korea | ₩402.43 Billion |
|
Beta Systems Software AG
F:SPT6
|
Germany | €65.52 Million |
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
USA | $3.30 Million |
|
Beforepay Group Ltd
AU:B4P
|
Australia | AU$80.25 Million |
|
Findi Ltd
AU:FND
|
Australia | AU$280.69 Million |
AvidXchange Holdings 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 | 1.33 | 1.36 | 0.02 |
| Quick Ratio | 1.33 | 1.36 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $407.94 Million | $461.24 Million | $-2.97 Million |
AvidXchange Holdings Inc - Advanced Valuation Insights
This section examines the relationship between AvidXchange Holdings 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 | 3.01 |
| Latest Market Cap to Assets Ratio | 0.99 |
| Asset Growth Rate (YoY) | -15.9% |
| Total Assets | $2.09 Billion |
| Market Capitalization | $2.08 Billion USD |
Valuation Analysis
Near Book Valuation: The market values AvidXchange Holdings Inc's assets close to their book value (0.99x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: AvidXchange Holdings Inc's assets decreased by 15.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for AvidXchange Holdings Inc (2019–2024)
The table below shows the annual total assets of AvidXchange Holdings Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.09 Billion | -15.86% |
| 2023-12-31 | $2.48 Billion | +12.28% |
| 2022-12-31 | $2.21 Billion | -2.40% |
| 2021-12-31 | $2.27 Billion | +211.94% |
| 2020-12-31 | $726.51 Million | +26.60% |
| 2019-12-31 | $573.86 Million | -- |
About AvidXchange Holdings Inc
AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in the United States. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and su… Read more