Surgepays Inc
SurgePays, Inc., together with its subsidiaries, operates as a financial technology and telecom company in the United States. It operates in two segments, Mobile Virtual Network Operator (MVNO) Telecommunications and Comprehensive Platform Services. The company offers mobile broadband solutions to consumers; ACH banking relationships and fintech transactions platform to convenience stores; prepai… Read more
Surgepays Inc (SURG) - Total Assets
Latest total assets as of September 2025: $14.49 Million USD
Based on the latest financial reports, Surgepays Inc (SURG) holds total assets worth $14.49 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.
Surgepays Inc - Total Assets Trend (2006–2024)
This chart illustrates how Surgepays Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Surgepays Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Surgepays Inc's total assets of $14.49 Million consist of 74.5% current assets and 25.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 49.2% |
| Accounts Receivable | $3.00 Million | 12.5% |
| Inventory | $1.78 Million | 7.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.47 Million | 6.1% |
| Goodwill | $3.30 Million | 13.8% |
Asset Composition Trend (2006–2024)
This chart illustrates how Surgepays 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: Surgepays Inc's current assets represent 74.5% of total assets in 2024, a decrease from 100.0% in 2006.
- Cash Position: Cash and equivalents constituted 49.2% of total assets in 2024, down from 96.5% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is goodwill at 13.8% of total assets.
Surgepays Inc Competitors by Total Assets
Key competitors of Surgepays Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
WQN Inc
PINK:WQNI
|
USA | $1.39 Million |
|
XOX Technology Bhd
KLSE:0017
|
Malaysia | RM95.64 Million |
|
Beijing Bewinner Communications Co Ltd
SHE:002148
|
China | CN¥1.41 Billion |
|
Net263 Ltd
SHE:002467
|
China | CN¥2.46 Billion |
|
Runjian Communication Co Ltd Class A
SHE:002929
|
China | CN¥21.50 Billion |
|
Redtone International Bhd
KLSE:0032
|
Malaysia | RM403.21 Million |
|
Inscobee
KO:006490
|
Korea | ₩77.14 Billion |
|
Green Packet Bhd
KLSE:0082
|
Malaysia | RM167.93 Million |
Surgepays 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 - Surgepays Inc generates 2.54x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Surgepays Inc is currently not profitable relative to its asset base.
Surgepays 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 | 0.52 | 6.24 | 0.08 |
| Quick Ratio | 0.41 | 4.70 | 0.07 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.45 Million | $ 28.48 Million | $ -14.06 Million |
Surgepays Inc - Advanced Valuation Insights
This section examines the relationship between Surgepays 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 | 445.31 |
| Latest Market Cap to Assets Ratio | 0.55 |
| Asset Growth Rate (YoY) | -42.8% |
| Total Assets | $23.98 Million |
| Market Capitalization | $13.22 Million USD |
Valuation Analysis
Below Book Valuation: The market values Surgepays Inc's assets below their book value (0.55 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Surgepays Inc's assets decreased by 42.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Surgepays Inc (2006–2024)
The table below shows the annual total assets of Surgepays Inc from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $23.98 Million | -42.81% |
| 2023-12-31 | $41.93 Million | +23.30% |
| 2022-12-31 | $34.00 Million | +74.38% |
| 2021-12-31 | $19.50 Million | +166.21% |
| 2020-12-31 | $7.33 Million | -26.65% |
| 2019-12-31 | $9.99 Million | +144.51% |
| 2018-12-31 | $4.08 Million | +29.84% |
| 2017-12-31 | $3.15 Million | +33.45% |
| 2016-12-31 | $2.36 Million | -10.26% |
| 2015-12-31 | $2.63 Million | +720.89% |
| 2014-12-31 | $320.00K | +11352.97% |
| 2013-12-31 | $2.79K | -2.27% |
| 2012-12-31 | $2.86K | -75.53% |
| 2010-12-31 | $11.69K | -96.46% |
| 2009-12-31 | $330.54K | +4130.15% |
| 2007-12-31 | $7.81K | -89.58% |
| 2006-12-31 | $74.97K | -- |