Latch Inc (LTCH) - Total Assets
Based on the latest financial reports, Latch Inc (LTCH) holds total assets worth $106.80 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. See LTCH net asset value for net asset value and shareholders' equity analysis.
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.
Latch Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Latch Inc's total assets of $106.80 Million consist of 60.8% current assets and 39.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 32.4% |
| Accounts Receivable | $10.05 Million | 9.4% |
| Inventory | $15.26 Million | 14.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.30 Million | 2.2% |
| Goodwill | $13.61 Million | 12.7% |
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. For live market cap, price, and company overview, see LTCH company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Latch Inc's current assets represent 60.8% of total assets in 2025, a decrease from 93.7% in 2019.
- Cash Position: Cash and equivalents constituted 32.4% of total assets in 2025, down from 73.7% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 14.0% of total assets, an increase from 4.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 14.3% 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 |
|---|---|---|
|
Salesforce.com Inc
NYSE:CRM
|
USA | $112.31 Billion |
|
PTC Inc
NASDAQ:PTC
|
USA | $6.43 Billion |
|
Xero Ltd
AU:XRO
|
Australia | AU$6.10 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
China | CN¥8.65 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Beijing eGOVA
SHE:300075
|
China | CN¥4.07 Billion |
|
Fujian Foxit Software Development Joint Stock Co Ltd
SHG:688095
|
China | CN¥3.72 Billion |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
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 | 2.30 | 2.51 | 6.78 |
| Quick Ratio | 1.76 | 2.34 | 6.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.69 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 | 0.32 |
| Asset Growth Rate (YoY) | -63.7% |
| Total Assets | $106.80 Million |
| Market Capitalization | $34.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Latch Inc's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Latch Inc's assets decreased by 63.7% 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 | $106.80 Million | -63.73% |
| 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 | -- |
About 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