Latch Inc
Latch, Inc., together with its subsidiaries, operates as a technology company in the United States and Canada. The company offers the DOOR Platform, a cloud-based software-as-a-service platform that manages suite of smart access control devices, including locks, readers and intercoms; and smart home devices. Its software products include DOOR OS: a web-based application for building owners, prope… Read more
Latch Inc (LTCH) - Total Assets
Latest total assets as of December 2025: $141.61 Million USD
Based on the latest financial reports, Latch Inc (LTCH) holds total assets worth $141.61 Million USD as of December 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.
Latch Inc - Total Assets Trend (2019–2025)
This chart illustrates how Latch Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Latch Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Latch Inc's total assets of $141.61 Million consist of 66.3% current assets and 33.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 35.7% |
| Accounts Receivable | $9.86 Million | 5.0% |
| Inventory | $14.38 Million | 7.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.58 Million | 1.3% |
| Goodwill | $30.20 Million | 15.4% |
Asset Composition Trend (2019–2025)
This chart illustrates how Latch 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: Latch Inc's current assets represent 66.3% of total assets in 2025, a decrease from 93.7% in 2019.
- Cash Position: Cash and equivalents constituted 35.7% of total assets in 2025, down from 73.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, an increase from 4.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 15.4% of total assets.
Latch Inc Competitors by Total Assets
Key competitors of Latch Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 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 |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Latch 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
Lower asset utilization - Latch Inc generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Latch Inc is currently not profitable relative to its asset base.
Latch 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 | 2.38 | 2.51 | 6.78 |
| Quick Ratio | 1.93 | 2.34 | 6.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $46.22 Million | $ 142.51 Million | $ 68.50 Million |
Latch Inc - Advanced Valuation Insights
This section examines the relationship between Latch 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 | 0.20 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | -33.3% |
| Total Assets | $196.42 Million |
| Market Capitalization | $29.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values Latch Inc's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Latch Inc's assets decreased by 33.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Latch Inc (2019–2025)
The table below shows the annual total assets of Latch Inc from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $196.42 Million | -33.29% |
| 2024-12-31 | $294.43 Million | -34.90% |
| 2021-12-31 | $452.30 Million | +404.75% |
| 2020-12-31 | $89.61 Million | +21.80% |
| 2019-12-31 | $73.57 Million | -- |