Newsmax, Inc.
Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments: Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication co… Read more
Newsmax, Inc. (NMAX) - Total Assets
Latest total assets as of September 2025: $233.33 Million USD
Based on the latest financial reports, Newsmax, Inc. (NMAX) holds total assets worth $233.33 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.
Newsmax, Inc. - Total Assets Trend (2022–2024)
This chart illustrates how Newsmax, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Newsmax, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Newsmax, Inc.'s total assets of $233.33 Million consist of 81.0% current assets and 19.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.5% |
| Accounts Receivable | $28.27 Million | 19.4% |
| Inventory | $1.79 Million | 1.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2022–2024)
This chart illustrates how Newsmax, 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: Newsmax, Inc.'s current assets represent 81.0% of total assets in 2024, an increase from 63.5% in 2022.
- Cash Position: Cash and equivalents constituted 16.5% of total assets in 2024, up from 6.1% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 19.4% of total assets.
Newsmax, Inc. Competitors by Total Assets
Key competitors of Newsmax, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
China | CN¥9.94 Billion |
|
H&R Century Union Corp
SHE:000892
|
China | CN¥1.68 Billion |
|
Shenzhen Topway Video Communication Co Ltd
SHE:002238
|
China | CN¥4.00 Billion |
|
Galaxia SM Inc
KO:011420
|
Korea | ₩89.84 Billion |
|
LG HelloVision Corp
KO:037560
|
Korea | ₩1.26 Trillion |
|
Kt Skylife
KO:053210
|
Korea | ₩989.86 Billion |
|
KMH Co. Ltd
KQ:122450
|
Korea | ₩872.63 Billion |
|
Aniplus Inc
KQ:310200
|
Korea | ₩289.02 Billion |
Newsmax, 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 - Newsmax, Inc. generates 1.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Newsmax, Inc. is currently not profitable relative to its asset base.
Newsmax, 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 | 2.74 | 0.96 | 0.68 |
| Quick Ratio | 2.71 | 0.95 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $122.02 Million | $ -4.36 Million | $ -16.43 Million |
Newsmax, Inc. - Advanced Valuation Insights
This section examines the relationship between Newsmax, 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 | 6.58 |
| Latest Market Cap to Assets Ratio | 1.53 |
| Asset Growth Rate (YoY) | 104.0% |
| Total Assets | $146.07 Million |
| Market Capitalization | $223.20 Million USD |
Valuation Analysis
Above Book Valuation: The market values Newsmax, Inc.'s assets above their book value (1.53 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Newsmax, Inc.'s assets grew by 104.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Newsmax, Inc. (2022–2024)
The table below shows the annual total assets of Newsmax, Inc. from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $146.07 Million | +103.98% |
| 2023-12-31 | $71.61 Million | +7.09% |
| 2022-12-31 | $66.87 Million | -- |