Nixxy, Inc. (NIXX) - Total Assets
Based on the latest financial reports, Nixxy, Inc. (NIXX) holds total assets worth $16.08 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 shareholders equity of Nixxy, Inc. for net asset value and shareholders' equity analysis.
Nixxy, Inc. - Total Assets Trend (1996–2024)
This chart illustrates how Nixxy, Inc.'s total assets have evolved over time, based on quarterly financial data.
Nixxy, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Nixxy, Inc.'s total assets of $16.08 Million consist of 45.5% current assets and 54.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 36.4% |
| Accounts Receivable | $32.20K | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.38 Million | 19.8% |
| Goodwill | $2.41 Million | 34.6% |
Asset Composition Trend (1996–2024)
This chart illustrates how Nixxy, 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 market cap of Nixxy, Inc..
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nixxy, Inc.'s current assets represent 45.5% of total assets in 2024, an increase from 38.9% in 1996.
- Cash Position: Cash and equivalents constituted 36.4% of total assets in 2024, up from 11.1% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 11.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 34.6% of total assets.
Nixxy, Inc. Competitors by Total Assets
Key competitors of Nixxy, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
China | CN¥16.34 Billion |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
Australia | AU$1.48 Billion |
|
Peoplein Ltd
AU:PPE
|
Australia | AU$348.58 Million |
|
Hitech Group Australia Ltd
AU:HIT
|
Australia | AU$18.17 Million |
|
Ashley Services Group Ltd
AU:ASH
|
Australia | AU$86.58 Million |
|
Ignite Ltd
AU:IGN
|
Australia | AU$13.39 Million |
|
Hiremii Ltd
AU:HMI
|
Australia | AU$5.03 Million |
|
Caldwell Partners International Inc
TO:CWL
|
Canada | CA$78.18 Million |
Nixxy, 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 | 0.23 | 0.58 | 0.08 |
| Quick Ratio | 0.23 | 0.58 | 0.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.22 Million | $-1.86 Million | $-15.44 Million |
Nixxy, Inc. - Advanced Valuation Insights
This section examines the relationship between Nixxy, 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 | 1.27 |
| Latest Market Cap to Assets Ratio | 1.90 |
| Asset Growth Rate (YoY) | -33.7% |
| Total Assets | $6.96 Million |
| Market Capitalization | $13.21 Million USD |
Valuation Analysis
Above Book Valuation: The market values Nixxy, Inc.'s assets above their book value (1.90x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Nixxy, Inc.'s assets decreased by 33.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nixxy, Inc. (1996–2024)
The table below shows the annual total assets of Nixxy, Inc. from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.96 Million | -33.66% |
| 2023-12-31 | $10.49 Million | -25.80% |
| 2022-12-31 | $14.13 Million | -46.24% |
| 2021-12-31 | $26.29 Million | +360.62% |
| 2020-12-31 | $5.71 Million | -11.93% |
| 2019-12-31 | $6.48 Million | +606.14% |
| 2017-12-31 | $917.75K | +46180.69% |
| 2016-12-31 | $1.98K | -85.03% |
| 2015-12-31 | $13.24K | -1.11% |
| 2014-12-31 | $13.39K | +215.20% |
| 2013-12-31 | $4.25K | -94.58% |
| 2012-12-31 | $78.33K | +10528.09% |
| 2011-12-31 | $737.00 | -67.07% |
| 2010-12-31 | $2.24K | +3.13% |
| 2009-12-31 | $2.17K | -82.40% |
| 2008-12-31 | $12.33K | -99.82% |
| 2006-12-31 | $6.93 Million | +0.40% |
| 2005-12-31 | $6.91 Million | -29.12% |
| 2004-12-31 | $9.74 Million | -20.17% |
| 2003-12-31 | $12.20 Million | +14.21% |
| 2002-12-31 | $10.69 Million | -27.17% |
| 2001-12-31 | $14.67 Million | +25.51% |
| 2000-12-31 | $11.69 Million | -4.18% |
| 1999-12-31 | $12.20 Million | +14.02% |
| 1998-12-31 | $10.70 Million | +3.88% |
| 1997-12-31 | $10.30 Million | +472.22% |
| 1996-12-31 | $1.80 Million | -- |
About Nixxy, Inc.
Nixxy, Inc. engages in telecommunications and software development in the United States and internationally. It offers billing systems, AI integration, wholesale long distance interconnections, and sales; intellectual property; and marketplace solutions. The company also provides Mexedia SMS services through its integrated cloud-based platform; and billing, and AI software assets. In addition, it… Read more