Purple Innovation Inc
Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-p… Read more
Purple Innovation Inc (PRPL) - Total Assets
Latest total assets as of September 2025: $302.12 Million USD
Based on the latest financial reports, Purple Innovation Inc (PRPL) holds total assets worth $302.12 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.
Purple Innovation Inc - Total Assets Trend (2014–2024)
This chart illustrates how Purple Innovation Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Purple Innovation Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Purple Innovation Inc's total assets of $302.12 Million consist of 41.1% current assets and 59.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.4% |
| Accounts Receivable | $33.06 Million | 10.7% |
| Inventory | $56.86 Million | 18.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.89 Million | 2.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Purple Innovation 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: Purple Innovation Inc's current assets represent 41.1% of total assets in 2024, a decrease from 96.8% in 2014.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2024, down from 19.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 18.5% of total assets.
Purple Innovation Inc Competitors by Total Assets
Key competitors of Purple Innovation Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Midea Group Co Ltd
SHE:000333
|
China | CN¥593.31 Billion |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651
|
China | CN¥399.22 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
China | CN¥71.93 Billion |
|
Suncha Technology Co Ltd
SHE:001211
|
China | CN¥1.86 Billion |
|
Beijing Liven Technology Co. Ltd.
SHE:001259
|
China | CN¥838.81 Million |
|
De Rucci Healthy Sleep Co. Ltd.
SHE:001323
|
China | CN¥7.71 Billion |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
China | CN¥1.73 Billion |
|
Hefei Snowky Elec Co Ltd
SHE:001387
|
China | CN¥2.43 Billion |
Purple Innovation 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
Strong asset utilization - Purple Innovation Inc generates 1.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Purple Innovation Inc is currently not profitable relative to its asset base.
Purple Innovation 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 | 1.40 | 1.30 | 1.73 |
| Quick Ratio | 0.73 | 0.67 | 1.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $39.31 Million | $ 28.72 Million | $ 96.86 Million |
Purple Innovation Inc - Advanced Valuation Insights
This section examines the relationship between Purple Innovation 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 | 1.74 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -21.2% |
| Total Assets | $307.85 Million |
| Market Capitalization | $39.32 Million USD |
Valuation Analysis
Below Book Valuation: The market values Purple Innovation Inc's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Purple Innovation Inc's assets decreased by 21.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Purple Innovation Inc (2014–2024)
The table below shows the annual total assets of Purple Innovation Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $307.85 Million | -21.19% |
| 2023-12-31 | $390.62 Million | -9.86% |
| 2022-12-31 | $433.33 Million | -32.55% |
| 2021-12-31 | $642.47 Million | +15.82% |
| 2020-12-31 | $554.73 Million | +275.52% |
| 2019-12-31 | $147.72 Million | +106.00% |
| 2018-12-31 | $71.71 Million | -41.36% |
| 2017-12-31 | $122.28 Million | -21.52% |
| 2016-12-31 | $155.82 Million | -0.42% |
| 2015-12-31 | $156.47 Million | +11511.55% |
| 2014-12-31 | $1.35 Million | -- |