TrueCar Inc
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. The company operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. It also provides TrueCar Access, which offer… Read more
TrueCar Inc (TRUE) - Total Assets
Latest total assets as of September 2025: $148.69 Million USD
Based on the latest financial reports, TrueCar Inc (TRUE) holds total assets worth $148.69 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.
TrueCar Inc - Total Assets Trend (2012–2024)
This chart illustrates how TrueCar Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TrueCar Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
TrueCar Inc's total assets of $148.69 Million consist of 84.6% current assets and 15.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 70.0% |
| Accounts Receivable | $15.74 Million | 9.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.97 Million | 1.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how TrueCar 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: TrueCar Inc's current assets represent 84.6% of total assets in 2024, an increase from 26.2% in 2012.
- Cash Position: Cash and equivalents constituted 70.0% of total assets in 2024, up from 15.2% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 60.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 9.9% of total assets.
TrueCar Inc Competitors by Total Assets
Key competitors of TrueCar Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SportsHero Limited
PINK:NIROF
|
USA | $527.01K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
TrueCar 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 - TrueCar Inc generates 1.10x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - TrueCar Inc is currently not profitable relative to its asset base.
TrueCar 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 | 4.49 | 4.69 | 7.79 |
| Quick Ratio | 4.49 | 4.69 | 7.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $97.66 Million | $ 110.36 Million | $ 283.21 Million |
TrueCar Inc - Advanced Valuation Insights
This section examines the relationship between TrueCar 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 | 1.98 |
| Latest Market Cap to Assets Ratio | 1.20 |
| Asset Growth Rate (YoY) | -21.8% |
| Total Assets | $159.69 Million |
| Market Capitalization | $192.11 Million USD |
Valuation Analysis
Above Book Valuation: The market values TrueCar Inc's assets above their book value (1.20 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: TrueCar Inc's assets decreased by 21.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TrueCar Inc (2012–2024)
The table below shows the annual total assets of TrueCar Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $159.69 Million | -21.84% |
| 2023-12-31 | $204.32 Million | -18.77% |
| 2022-12-31 | $251.53 Million | -35.12% |
| 2021-12-31 | $387.67 Million | -15.37% |
| 2020-12-31 | $458.06 Million | +8.63% |
| 2019-12-31 | $421.69 Million | +0.17% |
| 2018-12-31 | $420.96 Million | +9.39% |
| 2017-12-31 | $384.83 Million | +30.70% |
| 2016-12-31 | $294.45 Million | -2.62% |
| 2015-12-31 | $302.37 Million | +1.83% |
| 2014-12-31 | $296.95 Million | +69.93% |
| 2013-12-31 | $174.75 Million | +20.31% |
| 2012-12-31 | $145.24 Million | -- |