FlexShopper Inc
FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories. It also provides payment options to consumers. Th… Read more
FlexShopper Inc (FPAY) - Total Assets
Latest total assets as of March 2025: $209.51 Million USD
Based on the latest financial reports, FlexShopper Inc (FPAY) holds total assets worth $209.51 Million USD as of March 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.
FlexShopper Inc - Total Assets Trend (2006–2024)
This chart illustrates how FlexShopper Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FlexShopper Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
FlexShopper Inc's total assets of $209.51 Million consist of 81.5% current assets and 18.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $72.19 Million | 34.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $12.26 Million | 5.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2006–2024)
This chart illustrates how FlexShopper 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: FlexShopper Inc's current assets represent 81.5% of total assets in 2024, an increase from 0.0% in 2006.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2024, down from 10.1% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 34.5% of total assets.
FlexShopper Inc Competitors by Total Assets
Key competitors of FlexShopper Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Lotte Rental Co Ltd
KO:089860
|
Korea | ₩7.39 Trillion |
|
AJ Networks Co Ltd
KO:095570
|
Korea | ₩1.74 Trillion |
|
Redde Northgate PLC
F:21W
|
Germany | €2.50 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩1.49 Trillion |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
Germany | €417.73 Billion |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
China | CN¥15.56 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
China | CN¥26.42 Billion |
FlexShopper 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
Moderate asset utilization - FlexShopper Inc generates 0.67x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - FlexShopper Inc is currently not profitable relative to its asset base.
FlexShopper 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 | 7.10 | 13.70 | 5.13 |
| Quick Ratio | 7.10 | 10.83 | 1.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $146.68 Million | $ 114.55 Million | $ 35.88 Million |
FlexShopper Inc - Advanced Valuation Insights
This section examines the relationship between FlexShopper 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 | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 33.9% |
| Total Assets | $209.51 Million |
| Market Capitalization | $2.46K USD |
Valuation Analysis
Below Book Valuation: The market values FlexShopper Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FlexShopper Inc's assets grew by 33.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FlexShopper Inc (2006–2024)
The table below shows the annual total assets of FlexShopper Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $209.51 Million | +33.88% |
| 2023-12-31 | $156.49 Million | +5.53% |
| 2022-12-31 | $148.29 Million | +74.84% |
| 2021-12-31 | $84.81 Million | +24.27% |
| 2020-12-31 | $68.25 Million | +30.71% |
| 2019-12-31 | $52.21 Million | +7.38% |
| 2018-12-31 | $48.63 Million | +42.98% |
| 2017-12-31 | $34.01 Million | +16.65% |
| 2016-12-31 | $29.16 Million | +66.82% |
| 2015-12-31 | $17.48 Million | +105.47% |
| 2014-12-31 | $8.51 Million | +31.26% |
| 2013-12-31 | $6.48 Million | -18.18% |
| 2012-12-31 | $7.92 Million | +14.98% |
| 2011-12-31 | $6.89 Million | -15.31% |
| 2010-12-31 | $8.13 Million | -0.74% |
| 2009-12-31 | $8.19 Million | +56.71% |
| 2008-12-31 | $5.23 Million | +0.53% |
| 2007-12-31 | $5.20 Million | +840.61% |
| 2006-12-31 | $552.97K | -- |