Global Interactive Technologies, Inc (GITS) - Total Assets
Based on the latest financial reports, Global Interactive Technologies, Inc (GITS) holds total assets worth $5.88 Million USD as of September 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. See GITS total equity for net asset value and shareholders' equity analysis.
Global Interactive Technologies, Inc - Total Assets Trend (2020–2024)
This chart illustrates how Global Interactive Technologies, Inc's total assets have evolved over time, based on quarterly financial data.
Global Interactive Technologies, Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Global Interactive Technologies, Inc's total assets of $5.88 Million consist of 0.1% current assets and 100.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $635.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.94 Million | 77.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Global Interactive Technologies, 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 Global Interactive Technologies, Inc (GITS) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Interactive Technologies, Inc's current assets represent 0.1% of total assets in 2024, a decrease from 32.3% in 2020.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.5% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 77.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 77.1% of total assets.
Global Interactive Technologies, Inc Competitors by Total Assets
Key competitors of Global Interactive Technologies, Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Frontier Digital Ventures Ltd
AU:FDV
|
Australia | AU$145.59 Million |
|
Sportshero Ltd
AU:SHO
|
Australia | AU$193.18K |
|
Artmarket.com SA
PA:PRC
|
France | €36.42 Million |
|
Camplify Holdings Ltd
AU:CHL
|
Australia | AU$77.20 Million |
|
Domain Holdings Australia Ltd
AU:DHG
|
Australia | AU$1.49 Billion |
|
National World PLC
LSE:NWOR
|
UK | GBX60.30 Million |
|
REA Group Ltd
AU:REA
|
Australia | AU$2.83 Billion |
|
CAR Group Ltd
AU:CAR
|
Australia | AU$4.78 Billion |
Global Interactive Technologies, 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 | 0.19 | 1.95 | 0.76 |
| Quick Ratio | 0.19 | 1.95 | 0.76 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-511.14K | $8.36 Million | $-454.48K |
Global Interactive Technologies, Inc - Advanced Valuation Insights
This section examines the relationship between Global Interactive Technologies, 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 | 1.62 |
| Latest Market Cap to Assets Ratio | 0.85 |
| Asset Growth Rate (YoY) | -68.8% |
| Total Assets | $6.40 Million |
| Market Capitalization | $5.44 Million USD |
Valuation Analysis
Near Book Valuation: The market values Global Interactive Technologies, Inc's assets close to their book value (0.85x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Global Interactive Technologies, Inc's assets decreased by 68.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Global Interactive Technologies, Inc (2020–2024)
The table below shows the annual total assets of Global Interactive Technologies, Inc from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.40 Million | -68.83% |
| 2023-12-31 | $20.54 Million | +238.00% |
| 2022-12-31 | $6.08 Million | -26.61% |
| 2021-12-31 | $8.28 Million | +63.12% |
| 2020-12-31 | $5.08 Million | -- |
About Global Interactive Technologies, Inc
Global Interactive Technologies, Inc., through its subsidiary, operates as a technology-driven platform company in South Korea. The company operates Faning, an interactive platform designed to facilitate content discovery, monetization, user-generated content, and deep community engagement among global fandom communities; and Koreavibe.net, a digital media property providing original news content… Read more