Nxu Inc.
Nxu, Inc., a technology company, engages in building megawatt charging stations in the United States. It offers NxuOne, a charging technology that provides repeatable, consistent power delivery, designed to meet the needs of electric vehicles; and battery cells and battery packs for use in energy storage systems and mobility products. The company was founded in 2016 and is based in Mesa, Arizona.
Nxu Inc. (NXU) - Total Assets
Latest total assets as of March 2025: $183.89 Million USD
Based on the latest financial reports, Nxu Inc. (NXU) holds total assets worth $183.89 Million USD as of March 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.
Nxu Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Nxu Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nxu Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Nxu Inc.'s total assets of $183.89 Million consist of 52.1% current assets and 47.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.5% |
| Accounts Receivable | $626.00K | 7.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Nxu 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: Nxu Inc.'s current assets represent 52.1% of total assets in 2024, an increase from 32.9% in 2019.
- Cash Position: Cash and equivalents constituted 31.5% of total assets in 2024, up from 27.4% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 7.4% of total assets.
Nxu Inc. Competitors by Total Assets
Key competitors of Nxu Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640
|
Korea | ₩61.47 Billion |
|
T-Conn Precision Corporation
TWO:6833
|
Taiwan | NT$1.20 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
Nxu 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
Lower asset utilization - Nxu Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Nxu Inc. is currently not profitable relative to its asset base.
Nxu 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 | 28.39 | 1.50 | 0.80 |
| Quick Ratio | 28.39 | 1.56 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.48 Million | $ 3.45 Million | $ -31.00K |
Nxu Inc. - Advanced Valuation Insights
This section examines the relationship between Nxu 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 | 0.33 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | -36.1% |
| Total Assets | $8.48 Million |
| Market Capitalization | $4.11 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nxu Inc.'s assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nxu Inc.'s assets decreased by 36.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nxu Inc. (2019–2024)
The table below shows the annual total assets of Nxu Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.48 Million | -36.06% |
| 2023-12-31 | $13.26 Million | +88.39% |
| 2022-12-31 | $7.04 Million | +52.57% |
| 2021-12-31 | $4.61 Million | +1791.22% |
| 2020-12-31 | $243.92K | +1221.90% |
| 2019-12-31 | $18.45K | -- |