Envestnet Inc
Envestnet, Inc., through its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through two segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, an end-to-end open architecture wealth management platform, as well as offers data aggregation and rep… Read more
Envestnet Inc (ENV) - Total Assets
Latest total assets as of September 2024: $1.83 Billion USD
Based on the latest financial reports, Envestnet Inc (ENV) holds total assets worth $1.83 Billion USD as of September 2024.
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.
Envestnet Inc - Total Assets Trend (2008–2023)
This chart illustrates how Envestnet Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Envestnet Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Envestnet Inc's total assets of $1.83 Billion consist of 14.1% current assets and 86.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.9% |
| Accounts Receivable | $120.96 Million | 6.4% |
| Inventory | $-25.41 Million | -1.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $562.78 Million | 30.0% |
| Goodwill | $806.56 Million | 43.0% |
Asset Composition Trend (2008–2023)
This chart illustrates how Envestnet 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: Envestnet Inc's current assets represent 14.1% of total assets in 2023, a decrease from 47.6% in 2008.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2023, down from 39.4% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 71.0% of total assets, an increase from 11.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 43.0% of total assets.
Envestnet Inc Competitors by Total Assets
Key competitors of Envestnet Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Envestnet 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 - Envestnet Inc generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Envestnet Inc is currently not profitable relative to its asset base.
Envestnet 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 | 0.59 | 0.75 | 0.90 |
| Quick Ratio | 0.59 | 0.75 | 0.90 |
| Cash Ratio | 0.00 | 0.16 | 0.00 |
| Working Capital | $-254.84 Million | $ -67.09 Million | $ -21.29 Million |
Envestnet Inc - Advanced Valuation Insights
This section examines the relationship between Envestnet 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 | 6.64 |
| Latest Market Cap to Assets Ratio | 1.43 |
| Asset Growth Rate (YoY) | -11.1% |
| Total Assets | $1.88 Billion |
| Market Capitalization | $2.68 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Envestnet Inc's assets above their book value (1.43 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Envestnet Inc's assets decreased by 11.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Envestnet Inc (2008–2023)
The table below shows the annual total assets of Envestnet Inc from 2008 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.88 Billion | -11.12% |
| 2022-12-31 | $2.11 Billion | -5.76% |
| 2021-12-31 | $2.24 Billion | +4.52% |
| 2020-12-31 | $2.14 Billion | +19.00% |
| 2019-12-31 | $1.80 Billion | +37.16% |
| 2018-12-31 | $1.31 Billion | +52.40% |
| 2017-12-31 | $862.05 Million | -1.19% |
| 2016-12-31 | $872.40 Million | -1.49% |
| 2015-12-31 | $885.57 Million | +101.56% |
| 2014-12-31 | $439.36 Million | +98.59% |
| 2013-12-31 | $221.24 Million | +36.29% |
| 2012-12-31 | $162.34 Million | +17.89% |
| 2011-12-31 | $137.70 Million | -2.94% |
| 2010-12-31 | $141.87 Million | +89.01% |
| 2009-12-31 | $75.06 Million | +3.89% |
| 2008-12-31 | $72.25 Million | -- |