Mitek Systems Inc (MITK) - Total Assets
Based on the latest financial reports, Mitek Systems Inc (MITK) holds total assets worth $356.94 Million USD as of March 2026. 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. Explore Mitek Systems Inc (MITK) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Mitek Systems Inc - Total Assets Trend (1988–2025)
This chart illustrates how Mitek Systems Inc's total assets have evolved over time, based on quarterly financial data. See shareholders equity of Mitek Systems Inc for net asset value and shareholders' equity analysis.
Mitek Systems Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Mitek Systems Inc's total assets of $356.94 Million consist of 54.1% current assets and 45.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 33.6% |
| Accounts Receivable | $49.50 Million | 10.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $39.80 Million | 8.7% |
| Goodwill | $133.46 Million | 29.1% |
Asset Composition Trend (1988–2025)
This chart illustrates how Mitek Systems 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 Mitek Systems Inc market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mitek Systems Inc's current assets represent 54.1% of total assets in 2025, a decrease from 88.9% in 1988.
- Cash Position: Cash and equivalents constituted 33.6% of total assets in 2025, up from 0.0% in 1988.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 0.0% in 1988.
- Asset Diversification: The largest asset category is goodwill at 29.1% of total assets.
Mitek Systems Inc Competitors by Total Assets
Key competitors of Mitek Systems Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SAP SE
F:SAP
|
Germany | €73.46 Billion |
|
Shanghai Baosight Software Co Ltd A
SHG:600845
|
China | CN¥23.04 Billion |
|
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
|
China | CN¥3.41 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Chengdu Information Technology of Chinese Academy of Sciences Co Ltd
SHE:300678
|
China | CN¥1.25 Billion |
|
Fujian Apex Software Co Ltd
SHG:603383
|
China | CN¥1.84 Billion |
|
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
|
China | CN¥847.06 Million |
Mitek Systems 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 | 2.61 | 1.04 | 5.46 |
| Quick Ratio | 2.61 | 1.04 | 5.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $96.56 Million | $8.35 Million | $167.59 Million |
Mitek Systems Inc - Advanced Valuation Insights
This section examines the relationship between Mitek Systems 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 | 2.94 |
| Latest Market Cap to Assets Ratio | 1.47 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | $459.11 Million |
| Market Capitalization | $676.48 Million USD |
Valuation Analysis
Above Book Valuation: The market values Mitek Systems Inc's assets above their book value (1.47x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Mitek Systems Inc's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mitek Systems Inc (1988–2025)
The table below shows the annual total assets of Mitek Systems Inc from 1988 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $459.11 Million | +10.96% |
| 2024-09-30 | $413.75 Million | +2.07% |
| 2023-09-30 | $405.38 Million | +12.48% |
| 2022-09-30 | $360.41 Million | -14.13% |
| 2021-09-30 | $419.69 Million | +148.11% |
| 2020-09-30 | $169.15 Million | +24.47% |
| 2019-09-30 | $135.90 Million | +6.88% |
| 2018-09-30 | $127.15 Million | +77.29% |
| 2017-09-30 | $71.72 Million | +48.23% |
| 2016-09-30 | $48.38 Million | +24.88% |
| 2015-09-30 | $38.75 Million | +24.57% |
| 2014-09-30 | $31.10 Million | -5.33% |
| 2013-09-30 | $32.85 Million | +96.46% |
| 2012-09-30 | $16.72 Million | -15.76% |
| 2011-09-30 | $19.85 Million | +559.86% |
| 2010-09-30 | $3.01 Million | +87.90% |
| 2009-09-30 | $1.60 Million | -42.43% |
| 2008-09-30 | $2.78 Million | -2.24% |
| 2007-09-30 | $2.85 Million | -24.01% |
| 2006-09-30 | $3.74 Million | +5.34% |
| 2005-09-30 | $3.55 Million | -37.03% |
| 2004-09-30 | $5.64 Million | +0.00% |
| 2003-09-30 | $5.64 Million | -31.43% |
| 2002-09-30 | $8.23 Million | +24.42% |
| 2001-09-30 | $6.62 Million | -14.90% |
| 2000-09-30 | $7.77 Million | +5.05% |
| 1999-09-30 | $7.40 Million | +21.31% |
| 1998-09-30 | $6.10 Million | -15.28% |
| 1997-09-30 | $7.20 Million | +89.47% |
| 1996-09-30 | $3.80 Million | +31.03% |
| 1995-09-30 | $2.90 Million | -6.45% |
| 1994-09-30 | $3.10 Million | -39.22% |
| 1993-09-30 | $5.10 Million | -19.05% |
| 1992-09-30 | $6.30 Million | -48.36% |
| 1991-09-30 | $12.20 Million | -10.29% |
| 1990-09-30 | $13.60 Million | +67.90% |
| 1989-09-30 | $8.10 Million | +12.50% |
| 1988-09-30 | $7.20 Million | -- |
About Mitek Systems Inc
Mitek Systems, Inc. provides digital identity verification and fraud prevention solutions worldwide. The company offers Mobile Deposit, a mobile remote deposit capture solution for retail financial institutions, brokerages, and prepaid card providers; Check Fraud Defender, a cloud-hosted fraud mitigation service; Mitek Verified Identity Platform, an end-to-end identity verification solution; Mobi… Read more