SRAX Inc
SRAX, Inc. focuses on enhancing communications between public companies and their shareholders and investors in the United States, Canada, and internationally. It offers Sequire, a SaaS platform that allows issuers to track their shareholders' behaviors and trends, then use data-driven insights to engage with shareholders across marketing channels. The company also organizes and hosts investor co… Read more
SRAX Inc (SRAX) - Total Assets
Latest total assets as of June 2024: $18.07 Million USD
Based on the latest financial reports, SRAX Inc (SRAX) holds total assets worth $18.07 Million USD as of June 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.
SRAX Inc - Total Assets Trend (2011–2024)
This chart illustrates how SRAX Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SRAX Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
SRAX Inc's total assets of $18.07 Million consist of 49.0% current assets and 51.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $748.00K | 4.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $7.71 Million | 42.7% |
Asset Composition Trend (2011–2024)
This chart illustrates how SRAX 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: SRAX Inc's current assets represent 49.0% of total assets in 2024, a decrease from 100.0% in 2011.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 19.2% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 42.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is goodwill at 42.7% of total assets.
SRAX Inc Competitors by Total Assets
Key competitors of SRAX 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 |
SRAX 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 - SRAX Inc generates 1.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SRAX Inc is currently not profitable relative to its asset base.
SRAX 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 | 0.41 | 0.20 | 0.32 |
| Quick Ratio | 0.41 | 0.20 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-12.87 Million | $ -25.60 Million | $ -8.53 Million |
SRAX Inc - Advanced Valuation Insights
This section examines the relationship between SRAX 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 | 0.67 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -62.8% |
| Total Assets | $18.07 Million |
| Market Capitalization | $28.47K USD |
Valuation Analysis
Below Book Valuation: The market values SRAX Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SRAX Inc's assets decreased by 62.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SRAX Inc (2011–2024)
The table below shows the annual total assets of SRAX Inc from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $18.07 Million | -62.80% |
| 2022-12-31 | $48.58 Million | -14.73% |
| 2021-12-31 | $56.97 Million | +46.03% |
| 2020-12-31 | $39.01 Million | +92.81% |
| 2019-12-31 | $20.23 Million | -12.48% |
| 2018-12-31 | $23.12 Million | -2.06% |
| 2017-12-31 | $23.61 Million | -12.24% |
| 2016-12-31 | $26.90 Million | -5.71% |
| 2015-12-31 | $28.53 Million | +1.10% |
| 2014-12-31 | $28.21 Million | +622.06% |
| 2013-12-31 | $3.91 Million | +1294.57% |
| 2012-12-31 | $280.20K | -75.79% |
| 2011-12-31 | $1.16 Million | -- |