EzFill Holdings Inc
NextNRG Inc. operates as a mobile fueling company primarily in Florida. It offers on-demand fueling services to consumer, fleet, marine, and other specialty markets. The company was incorporated in 2019 and is based in Miami, Florida.
EzFill Holdings Inc (EZFL) - Total Assets
Latest total assets as of September 2024: $5.62 Million USD
Based on the latest financial reports, EzFill Holdings Inc (EZFL) holds total assets worth $5.62 Million USD as of September 2024.
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.
EzFill Holdings Inc - Total Assets Trend (2019–2023)
This chart illustrates how EzFill Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EzFill Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
EzFill Holdings Inc's total assets of $5.62 Million consist of 31.0% current assets and 69.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $1.19 Million | 20.9% |
| Inventory | $134.06K | 2.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2023)
This chart illustrates how EzFill 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: EzFill Holdings Inc's current assets represent 31.0% of total assets in 2023, an increase from 10.4% in 2019.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2023, up from 2.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 61.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 20.9% of total assets.
EzFill Holdings Inc Competitors by Total Assets
Key competitors of EzFill Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
EzFill Holdings Inc - 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 - EzFill Holdings Inc generates 4.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - EzFill Holdings Inc is currently not profitable relative to its asset base.
EzFill 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 | 1.94 | 0.42 | 0.34 |
| Quick Ratio | 1.86 | 0.39 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.30 Million | $ -3.10 Million | $ -2.46 Million |
EzFill Holdings Inc - Advanced Valuation Insights
This section examines the relationship between EzFill 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 | 6.38 |
| Latest Market Cap to Assets Ratio | 0.25 |
| Asset Growth Rate (YoY) | -46.1% |
| Total Assets | $5.72 Million |
| Market Capitalization | $1.43 Million USD |
Valuation Analysis
Below Book Valuation: The market values EzFill Holdings Inc's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: EzFill Holdings Inc's assets decreased by 46.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for EzFill Holdings Inc (2019–2023)
The table below shows the annual total assets of EzFill Holdings Inc from 2019 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $5.72 Million | -46.05% |
| 2022-12-31 | $10.60 Million | -53.77% |
| 2021-12-31 | $22.92 Million | +716.75% |
| 2020-12-31 | $2.81 Million | +134.20% |
| 2019-12-31 | $1.20 Million | -- |