Tucows Inc.
Tucows Inc. provides domain name registration, email, and other internet related services in North America and Europe. It operates through three segments: Ting, Wavelo, and Tucows Domains. The Ting segment provides gigabit fiber and fixed wireless internet services. The Wavelo segment offers full-service platforms and professional services that support communication services providers, including … Read more
Tucows Inc. (TCX) - Total Assets
Latest total assets as of September 2025: $735.49 Million USD
Based on the latest financial reports, Tucows Inc. (TCX) holds total assets worth $735.49 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.
Tucows Inc. - Total Assets Trend (1996–2024)
This chart illustrates how Tucows Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tucows Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Tucows Inc.'s total assets of $735.49 Million consist of 27.1% current assets and 72.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.5% |
| Accounts Receivable | $21.09 Million | 2.8% |
| Inventory | $3.98 Million | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $24.75 Million | 3.3% |
| Goodwill | $130.41 Million | 17.2% |
Asset Composition Trend (1996–2024)
This chart illustrates how Tucows 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: Tucows Inc.'s current assets represent 27.1% of total assets in 2024, a decrease from 94.0% in 1996.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 53.3% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 17.2% of total assets.
Tucows Inc. Competitors by Total Assets
Key competitors of Tucows Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Tucows 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 - Tucows Inc. generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tucows Inc. is currently not profitable relative to its asset base.
Tucows 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 | 1.07 | 1.11 | 0.85 |
| Quick Ratio | 1.05 | 1.09 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $14.39 Million | $ 22.71 Million | $ -25.43 Million |
Tucows Inc. - Advanced Valuation Insights
This section examines the relationship between Tucows 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 | 2.41 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | $758.80 Million |
| Market Capitalization | $91.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tucows Inc.'s assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tucows Inc.'s assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tucows Inc. (1996–2024)
The table below shows the annual total assets of Tucows Inc. from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $758.80 Million | -4.96% |
| 2023-12-31 | $798.43 Million | +20.11% |
| 2022-12-31 | $664.75 Million | +23.19% |
| 2021-12-31 | $539.60 Million | +19.41% |
| 2020-12-31 | $451.90 Million | +6.10% |
| 2019-12-31 | $425.92 Million | +25.43% |
| 2018-12-31 | $339.57 Million | -3.16% |
| 2017-12-31 | $350.65 Million | +127.09% |
| 2016-12-31 | $154.41 Million | +19.58% |
| 2015-12-31 | $129.13 Million | +2.65% |
| 2014-12-31 | $125.80 Million | +3.66% |
| 2013-12-31 | $121.35 Million | +2.17% |
| 2012-12-31 | $118.77 Million | +2.67% |
| 2011-12-31 | $115.69 Million | +14.00% |
| 2010-12-31 | $101.48 Million | -2.55% |
| 2009-12-31 | $104.14 Million | +7.89% |
| 2008-12-31 | $96.52 Million | -3.52% |
| 2007-12-31 | $100.04 Million | +18.16% |
| 2006-12-31 | $84.67 Million | +48.39% |
| 2005-12-31 | $57.06 Million | +20.62% |
| 2004-12-31 | $47.30 Million | +33.87% |
| 2003-12-31 | $35.34 Million | +22.47% |
| 2002-12-31 | $28.85 Million | +12.75% |
| 2001-12-31 | $25.59 Million | +62.00% |
| 2000-12-31 | $15.80 Million | -47.52% |
| 1999-12-31 | $30.10 Million | +195.10% |
| 1998-12-31 | $10.20 Million | -45.74% |
| 1997-12-31 | $18.80 Million | -37.75% |
| 1996-12-31 | $30.20 Million | -- |