Bakkt Holdings Inc
Bakkt, Inc. engages in building financial infrastructure. The company provides solutions that enable institutional participation in the digital asset economy " spanning Bitcoin, tokenization, stablecoin payments, and AI-driven finance. It serves client, such as financial institutions, fintechs, broker-dealers, neobanks, registered investment advisers, funds, merchants, and other businesses. It ma… Read more
Bakkt Holdings Inc (BKKT) - Total Assets
Latest total assets as of September 2025: $258.26 Million USD
Based on the latest financial reports, Bakkt Holdings Inc (BKKT) holds total assets worth $258.26 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.
Bakkt Holdings Inc - Total Assets Trend (2019–2024)
This chart illustrates how Bakkt Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bakkt Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Bakkt Holdings Inc's total assets of $258.26 Million consist of 68.3% current assets and 31.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.5% |
| Accounts Receivable | $24.65 Million | 9.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.90 Million | 1.1% |
| Goodwill | $68.00 Million | 25.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Bakkt Holdings 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: Bakkt Holdings Inc's current assets represent 68.3% of total assets in 2024, an increase from 56.3% in 2019.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, down from 43.1% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 26.0% of total assets, an increase from 10.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 25.2% of total assets.
Bakkt Holdings Inc Competitors by Total Assets
Key competitors of Bakkt Holdings 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 |
Bakkt Holdings 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 - Bakkt Holdings Inc generates 12.96x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bakkt Holdings Inc is currently not profitable relative to its asset base.
Bakkt Holdings 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 | 2.24 | 1.05 | 2.59 |
| Quick Ratio | 2.24 | 1.05 | 2.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.70 Million | $ 55.85 Million | $ 80.99 Million |
Bakkt Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Bakkt Holdings 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 | 2.40 |
| Latest Market Cap to Assets Ratio | 0.56 |
| Asset Growth Rate (YoY) | -72.1% |
| Total Assets | $269.38 Million |
| Market Capitalization | $150.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bakkt Holdings Inc's assets below their book value (0.56 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bakkt Holdings Inc's assets decreased by 72.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bakkt Holdings Inc (2019–2024)
The table below shows the annual total assets of Bakkt Holdings Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $269.38 Million | -72.14% |
| 2023-12-31 | $966.87 Million | +112.26% |
| 2022-12-31 | $455.50 Million | -81.15% |
| 2021-12-31 | $2.42 Billion | +415.93% |
| 2020-12-31 | $468.38 Million | +163.60% |
| 2019-12-31 | $177.68 Million | -- |