Eightco Holdings Inc. (OCTO) - Total Assets
Based on the latest financial reports, Eightco Holdings Inc. (OCTO) holds total assets worth $48.68 Million USD as of June 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. Check cash flow reinvestment rate of Eightco Holdings Inc. to assess the company's total reinvestment commitment from operating cash flow.
Eightco Holdings Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Eightco Holdings Inc.'s total assets have evolved over time, based on quarterly financial data. Check cash flow quality index of Eightco Holdings Inc. to evaluate the quality of earnings relative to operating cash generation.
Eightco Holdings Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Eightco Holdings Inc.'s total assets of $48.68 Million consist of 24.5% current assets and 75.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.5% |
| Accounts Receivable | $1.59 Million | 3.1% |
| Inventory | $7.83 Million | 15.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $13.83 Million | 27.2% |
| Goodwill | $22.32 Million | 43.9% |
Asset Composition Trend (2019–2024)
This chart illustrates how Eightco Holdings 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 how much is Eightco Holdings Inc. worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Eightco Holdings Inc.'s current assets represent 24.5% of total assets in 2024, a decrease from 31.3% in 2019.
- Cash Position: Cash and equivalents constituted 0.5% of total assets in 2024, down from 2.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 70.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 43.9% of total assets.
Eightco Holdings Inc. Competitors by Total Assets
Key competitors of Eightco Holdings Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Verallia
PA:VRLA
|
France | €4.45 Billion |
|
O-I Glass Inc
NYSE:OI
|
USA | $8.95 Billion |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607
|
China | CN¥1.78 Billion |
|
Rongsheng Paper
SHG:603165
|
China | CN¥4.73 Billion |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
China | CN¥7.52 Billion |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
China | CN¥694.67 Million |
|
Amcor Plc
AU:AMC
|
Australia | AU$37.58 Billion |
|
Orora Ltd
AU:ORA
|
Australia | AU$4.85 Billion |
Eightco Holdings 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 | 0.30 | 0.32 | 2.09 |
| Quick Ratio | 0.09 | 0.11 | 1.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-21.37 Million | $-17.63 Million | $592.19K |
Eightco Holdings Inc. - Advanced Valuation Insights
This section examines the relationship between Eightco Holdings 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 | 172.13 |
| Latest Market Cap to Assets Ratio | 0.77 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | $50.85 Million |
| Market Capitalization | $38.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values Eightco Holdings Inc.'s assets below their book value (0.77x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Eightco Holdings Inc.'s assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Eightco Holdings Inc. (2019–2024)
The table below shows the annual total assets of Eightco Holdings Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $50.85 Million | -8.23% |
| 2023-12-31 | $55.41 Million | -5.44% |
| 2022-12-31 | $58.60 Million | +319.22% |
| 2021-12-31 | $13.98 Million | +378.17% |
| 2020-12-31 | $2.92 Million | +5.18% |
| 2019-12-31 | $2.78 Million | -- |
About Eightco Holdings Inc.
Eightco Holdings Inc. provides inventory management and corrugated custom packaging solutions in North America and Europe. It operates in two segments, Inventory Management Solutions and Corrugated Packaging. The company provides funding solutions for e-commerce businesses. It also manufactures and sells custom packaging for various products. The company was formerly known as Cryptyde, Inc. and c… Read more