Bm Technologies Inc
BM Technologies, Inc., a financial technology company, facilitates deposits and banking services between a customer and its partner banks in the United States. It offers digital banking and disbursement services to consumers and students through a full service fintech banking platform. The company was formerly known as BankMobile Technologies, Inc. and changed its name to BM Technologies, Inc. in… Read more
Bm Technologies Inc (BMTX) - Total Assets
Latest total assets as of September 2024: $43.84 Million USD
Based on the latest financial reports, Bm Technologies Inc (BMTX) holds total assets worth $43.84 Million 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.
Bm Technologies Inc - Total Assets Trend (2017–2023)
This chart illustrates how Bm Technologies Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bm Technologies Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Bm Technologies Inc's total assets of $43.84 Million consist of 52.3% current assets and 47.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.2% |
| Accounts Receivable | $9.13 Million | 16.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $20.28 Million | 37.1% |
| Goodwill | $5.26 Million | 9.6% |
Asset Composition Trend (2017–2023)
This chart illustrates how Bm Technologies 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: Bm Technologies Inc's current assets represent 52.3% of total assets in 2023, an increase from 0.7% in 2017.
- Cash Position: Cash and equivalents constituted 26.2% of total assets in 2023, up from 0.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 37.1% of total assets.
Bm Technologies Inc Competitors by Total Assets
Key competitors of Bm Technologies 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 |
Bm Technologies 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 - Bm Technologies Inc generates 1.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bm Technologies Inc is currently not profitable relative to its asset base.
Bm Technologies 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 | 0.83 | 1.47 | -7.02 |
| Quick Ratio | 0.83 | 1.47 | -7.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.72 Million | $ 7.45 Million | $ -1.67 Million |
Bm Technologies Inc - Advanced Valuation Insights
This section examines the relationship between Bm Technologies 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 | 2.81 |
| Latest Market Cap to Assets Ratio | 0.66 |
| Asset Growth Rate (YoY) | -23.1% |
| Total Assets | $54.64 Million |
| Market Capitalization | $36.27 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bm Technologies Inc's assets below their book value (0.66 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Bm Technologies Inc's assets decreased by 23.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Bm Technologies Inc (2017–2023)
The table below shows the annual total assets of Bm Technologies Inc from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $54.64 Million | -23.08% |
| 2022-12-31 | $71.04 Million | -7.06% |
| 2021-12-31 | $76.43 Million | +59.89% |
| 2020-12-31 | $47.80 Million | -72.83% |
| 2019-12-31 | $175.93 Million | +1.41% |
| 2018-12-31 | $173.48 Million | +211459.28% |
| 2017-12-31 | $82.00K | -- |