Paltalk Inc
Paltalk, Inc., together with its subsidiaries, develops communications software and multimedia social applications worldwide. It offers consumer applications, which include Paltalk, Camfrog, and Tinychat for live video chat; and owns and operates Vumber, a telecommunications services provider that enables users to have multiple phone numbers in any area code through which calls can be forwarded t… Read more
Paltalk Inc (PALT) - Total Assets
Latest total assets as of September 2024: $21.68 Million USD
Based on the latest financial reports, Paltalk Inc (PALT) holds total assets worth $21.68 Million USD as of September 2024.
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.
Paltalk Inc - Total Assets Trend (2004–2023)
This chart illustrates how Paltalk Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Paltalk Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Paltalk Inc's total assets of $21.68 Million consist of 61.8% current assets and 38.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 56.8% |
| Accounts Receivable | $206.92K | 0.9% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.70 Million | 11.3% |
| Goodwill | $6.33 Million | 26.5% |
Asset Composition Trend (2004–2023)
This chart illustrates how Paltalk 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: Paltalk Inc's current assets represent 61.8% of total assets in 2023, an increase from 7.9% in 2004.
- Cash Position: Cash and equivalents constituted 56.8% of total assets in 2023, up from 7.9% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, a decrease from 92.0% in 2004.
- Asset Diversification: The largest asset category is goodwill at 26.5% of total assets.
Paltalk Inc Competitors by Total Assets
Key competitors of Paltalk Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 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 |
Paltalk 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
Moderate asset utilization - Paltalk Inc generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Paltalk Inc is currently not profitable relative to its asset base.
Paltalk 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 | 3.47 | 4.88 | 1.08 |
| Quick Ratio | 3.47 | 4.88 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $9.37 Million | $ 11.72 Million | $ 274.62K |
Paltalk Inc - Advanced Valuation Insights
This section examines the relationship between Paltalk 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 | 1.34 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | -6.1% |
| Total Assets | $23.89 Million |
| Market Capitalization | $11.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values Paltalk Inc's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Paltalk Inc's assets decreased by 6.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Paltalk Inc (2004–2023)
The table below shows the annual total assets of Paltalk Inc from 2004 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $23.89 Million | -6.07% |
| 2022-12-31 | $25.43 Million | -11.95% |
| 2021-12-31 | $28.88 Million | +112.55% |
| 2020-12-31 | $13.59 Million | +11.21% |
| 2019-12-31 | $12.22 Million | -49.99% |
| 2018-12-31 | $24.43 Million | +7.33% |
| 2017-12-31 | $22.76 Million | -17.29% |
| 2016-12-31 | $27.52 Million | +673.00% |
| 2015-12-31 | $3.56 Million | +11.50% |
| 2014-12-31 | $3.19 Million | +8.51% |
| 2013-12-31 | $2.94 Million | -57.89% |
| 2012-12-31 | $6.99 Million | -34.70% |
| 2011-12-31 | $10.70 Million | +195.16% |
| 2010-12-31 | $3.63 Million | +40.74% |
| 2009-12-31 | $2.58 Million | +31.02% |
| 2008-12-31 | $1.97 Million | +222.45% |
| 2007-12-31 | $609.80K | +156.99% |
| 2006-12-31 | $237.28K | +115.09% |
| 2005-12-31 | $110.31K | +176.93% |
| 2004-12-31 | $39.84K | -- |