KNOREX LTD. (KNRX) - Total Assets
Based on the latest financial reports, KNOREX LTD. (KNRX) holds total assets worth $5.42 Million USD as of December 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.
KNOREX LTD. - Total Assets Trend (2021–2024)
This chart illustrates how KNOREX LTD.'s total assets have evolved over time, based on quarterly financial data. Also see market value of KNOREX LTD. for the company's overall valuation and market capitalisation.
KNOREX LTD. - Asset Composition Analysis
Current Asset Composition (December 2024)
KNOREX LTD.'s total assets of $5.42 Million consist of 64.1% current assets and 35.9% non-current assets. Review KNRX current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 15.2% |
| Accounts Receivable | $2.24 Million | 41.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.27 Million | 23.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how KNOREX LTD.'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. See current stock price of KNOREX LTD. for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: KNOREX LTD.'s current assets represent 64.1% of total assets in 2024, a decrease from 76.2% in 2021.
- Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, down from 27.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 23.0% of total assets, unchanged from 23.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 41.4% of total assets.
KNOREX LTD. Competitors by Total Assets
Key competitors of KNOREX LTD. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Securitize Corp.
NYSE:SECZ
|
USA | $135.09 Million |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
China | CN¥905.64 Million |
|
Yuanbao Inc. American Depositary Shares
NASDAQ:YB
|
USA | $5.46 Billion |
|
Crunchfish AB
ST:CFISH
|
Sweden | Skr51.17 Million |
|
Victor Group Holdings Ltd
AU:VIG
|
Australia | AU$17.91 Million |
|
China TransInfo Technology Co Ltd
SHE:002373
|
China | CN¥17.94 Billion |
|
Xref Ltd
AU:XF1
|
Australia | AU$17.15 Million |
KNOREX LTD. - 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 | 0.37 | 0.55 | - |
| Quick Ratio | 0.37 | 0.55 | - |
| Cash Ratio | 0.00 | 0.00 | - |
| Working Capital | $-6.01 Million | $-2.64 Million | - |
KNOREX LTD. - Advanced Valuation Insights
This section examines the relationship between KNOREX LTD.'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 | - |
| Latest Market Cap to Assets Ratio | 3.67 |
| Asset Growth Rate (YoY) | -5.0% |
| Total Assets | $5.42 Million |
| Market Capitalization | $19.92 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values KNOREX LTD.'s assets at a significant premium (3.67x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: KNOREX LTD.'s assets decreased by 5.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for KNOREX LTD. (2021–2024)
The table below shows the annual total assets of KNOREX LTD. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.42 Million | -4.97% |
| 2023-12-31 | $5.71 Million | +42.11% |
| 2022-12-31 | $4.02 Million | +72.23% |
| 2021-12-31 | $2.33 Million | -- |
About KNOREX LTD.
Knorex Ltd., a B2B technology company, specializes in providing programmatic advertising products and solutions to marketers to streamline and automate their advertising and marketing workflows. The company's cloud-based software autonomously executes advertisement purchasing transactions, strategically acquires advertising placements, and optimizes online advertisement from the global advertisem… Read more