TrueCar Inc (TRUE) - Total Assets
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. See TrueCar Inc (TRUE) shareholders funds for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see TrueCar Inc market capitalisation.
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 |
|---|---|---|
|
Match Group Inc
NASDAQ:MTCH
|
USA | $4.46 Billion |
|
Shanghai Ganglian E Commerce
SHE:300226
|
China | CN¥22.90 Billion |
|
Zhihu Inc ADR
NYSE:ZH
|
USA | $5.75 Billion |
|
HomeToGo SE
F:HTG
|
Germany | €696.63 Million |
|
Frontier Digital Ventures Ltd
AU:FDV
|
Australia | AU$145.59 Million |
|
Airtasker Ltd
AU:ART
|
Australia | AU$70.41 Million |
|
Sportshero Ltd
AU:SHO
|
Australia | AU$193.18K |
|
REA Group Ltd
AU:REA
|
Australia | AU$2.83 Billion |
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 | 1.41 |
| Asset Growth Rate (YoY) | -21.8% |
| Total Assets | $159.69 Million |
| Market Capitalization | $225.91 Million USD |
Valuation Analysis
Above Book Valuation: The market values TrueCar Inc's assets above their book value (1.41x), 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 | -- |
About 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